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261 E Phillips Blvd, Pomona, CA 91766
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261 E Phillips Blvd Pomona, CA 91766

$580,000 Sold Price as of 09/08/2023
  • 3 Beds
  • 2 Baths
  • 2 Sq.Ft.
Sold
$580,000 Sold Price as of 09/08/2023 Refinance Your Mortgage
Map preview of 261 E Phillips Blvd, Pomona, CA 91766

Property Overview: 261 E Phillips Blvd Pomona, CA has 3 bedrooms, 2 bathrooms, 2 living square feet and 8,940 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: What a fantastic opportunity to own a duplex in the well-established city of Pomona. Whether you're an investor looking for a profitable rental property or an owner-occupant seeking a flexible living arrangement, this duplex has much to offer. The front house features 2 bedrooms and 1 bathroom, providing ample space for a small family or individuals wanting extra room. The rear house, on the other hand, offers 1 bedroom and 1 bathroom, making it a cozy and comfortable option for individuals or couples. There are two gas meters & two electrical meters. The 2nd home has a separate address as 261 1/2 Phillips Blvd but they are both on the same parcel. One of the notable advantages of this property is that each unit has its backyard. This means both occupants can enjoy private outdoor spaces, perfect for relaxation, gardening, or entertaining guests. It’s located near shops, restaurants, and schools, providing convenience at your doorstep, which enhances your daily life making it more enjoyable.

Listed by ANA THIGPEN | BRE #01796298 | CENTURY 21 EXPERIENCE
Last checked: 4 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
8,940
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
IV23121588
City
Pomona
County
Los Angeles
Time on Site
315 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $23,400
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $14,400
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,150
  • Net Operating Income: $32,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,000
  • Electric: $2,000
  • Gas/Fuel: $2,000
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $3,240

Property Details for 261 E Phillips Blvd

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level, No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8333021011
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From the 60 Freeway exit S. Garey Ave., On Phillips Blvd turn right, the properties are on the left hand side
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Pomona Agent

Sale History for 261 E Phillips Blvd

Last sold for $580,000 on September 8th, 2023

  • September, 2023

  • Sep 8, 2023

    Date

    Sold

    CRMLS: IV23121588

    $580,000

    Price

  • Jul 7, 2023

    Date

    Active

    CRMLS: IV23121588

    $575,000

    Price

  • September, 2023

  • Sep 8, 2023

    Date

    Sold

    CRMLS: IV23118955

    $580,000

    Price

  • Jul 4, 2023

    Date

    Active

    CRMLS: IV23118955

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    What a fantastic opportunity to own a duplex in the well-established city of Pomona. Whether you're an investor looking for a profitable rental property or an owner-occupant seeking a flexible living arrangement, this duplex has much to offer. Please also refer to listing IV23121588. The front house features 2 bedrooms and 1 bathroom, providing ample space for a small family or individuals wanting extra room. The rear house, on the other hand, offers 1 bedroom and 1 bathroom, making it a cozy and comfortable option for individuals or couples. There are two gas meters & two electrical meters. The 2nd home has a separate address as 261 1/2 Phillips Blvd but they are both on the same parcel. One of the notable advantages of this property is that each unit has its backyard. This means both occupants can enjoy private outdoor spaces, perfect for relaxation, gardening, or entertaining guests. It’s located near shops, restaurants, and schools, providing convenience at your doorstep, which enhances your daily life making it more enjoyable.

  • November, 2003

  • Nov 6, 2003

    Date

    Sold (Public Records)

    Public Records

    $198,500

    Price

Show More

Tax History for 261 E Phillips Blvd

Assessed Value (2020): $257,918
Year Land Value Improved Value Assessed Value
2020 $127,918 $130,000 $257,918

Home Value Compared to the Market

This property vs the competition

261 E Phillips Blvd sold on September 8, 2023 for 12.21% lower than the current median sold price for the city of Pomona which is $655,000. The median sold price per/sqft for Pomona is $451 and this home is sold at $287500 per/sqft which puts the price per square foot 63647.23% higher than the current median sale per square foot for the city of Pomona.

About 261 E Phillips Blvd

Detailed summary of property

261 E Phillips Blvd is a duplex that recently sold in Pomona, CA 91766. This duplex offered 3 bedrooms, 2 bathrooms, roughly 2 living square feet, and sits on an approximately 8,940 square foot lot. 261 E Phillips Blvd was first listed on ArdentRealEstateGroup.com on July 7, 2023. The homeowner sold the property for $580,000. Home in Pomona are selling for a median price of $655,000 and a median price per square foot of $451. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 12.21% lower than the current median priced home. Local homes that are currently for sale include 3448 Hunter St, 563 W Evans St and 1306 N D St. While the average home in Pomona, CA is selling in 44 days, 261 E Phillips Blvd has a days on market of 10 days. There are currently 172 homes for sale in the Pomona real estate market and 130 of them are single family homes while 26 of them are condos and 16 are townhomes. For more information on this home for sale at 261 E Phillips Blvd Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 261 E Phillips Blvd

Public county record property details
Beds
3
Baths
2
Year built
1952
Sq. Ft.
1,725
Lot Size
8,952
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
8333-021-011

The source for these homes facts are from public records.

91766 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$671,005
Median List Price/Sq.Ft.
$457
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
86
Median Sale to List Price %
103.24%
Avg Days on Market
36
Loan Type
Conventional (40%), FHA (20%), VA (0%), Cash (24%), Other (16%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 261 E Phillips Blvd

1388 S Thomas St, Pomona, CA 91766
$545,000 Last Sold Price
5 Beds
2 Baths
1575 Sq.Ft.
1388 S Thomas St
Pomona, CA 91766
1578 S Garey Ave, Pomona, CA 91766
$815,000 Last Sold Price
8 Beds
4 Baths
3612 Sq.Ft.
1578 S Garey Ave
Pomona, CA 91766
119 E Phillips Blvd, Pomona, CA 91766
$580,000 Last Sold Price
4 Beds
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119 E Phillips Blvd
Pomona, CA 91766
1352 Thomas, Pomona, CA 91766
$688,000 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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