295 S Park Ave, Pomona, CA 91766
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295 S Park Ave Pomona, CA 91766

$939,000 Sold Price as of 07/20/2021
  • -- Beds
  • -- Baths
  • 4,074 Sq.Ft.
Sold
$939,000 Sold Price as of 07/20/2021 Refinance Your Mortgage

Map preview of 295 S Park Ave, Pomona, CA 91766

Property Overview: 295 S Park Ave Pomona, CA has -- bedrooms, -- bathrooms, 4,074 living square feet and 7,644 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LANDMARK PROPERTY IN DOWNTOWN POMONA FIRST TIME ON THE MARKET! LOCATION! LOCATION! LOCATION! SUPER RARE GREAT INVESTMENT PROPERTY! GREAT CORNER BUILDINGS LOCATED AT THE PRIME INTERSECTION OF DOWNTOWN POMONA! ZONING IN MIX-USE CENTER DOWNTOWN BUSINESS AREA (MU-CDB). AND A LOT MORE POTENTIAL FOR FUTURE USE: OFFICE/ RETAIL/RESTAURANT/ COMMERCIAL, ETC. SUPER INVESTMENT PROPERTY TO AGAINST THE INFLATION. ANCHOR TENANT - FISH MARKET (Established in 1930. Serving Pomona for 90 years.) IT IS ONE OF THE LANDMARK IN DT POMONA AND CONTINUING THEIR HISTORY-MAKING! GREAT ANCHOR TENANT PROJECTING STABLE INCOME TO THE OWNER, PLUS IMMEASURABLE FOOT TRAFFIC TO THE LOCATION! PERFECT FOR BUSINESS OWNER OPERATING IN THE NEXT BUILDING, AND COLLECTING RENT IN A MEANWHILE! OR JUST BEING A LANDLORD HOLDING GREAT POTENTIAL COMMERCIAL BUILDINGS IN DT AREA INSTEAD OF PAPER MONEY! PUBLIC PARKING IS ACROSS THE STREET MADE THIS PROPERTY MORE WALKABLE AND A LOT MORE ATTENTION! OTHER TENANT - BOXING GYM ONE OF THE WELL-KNOWN FITNESS FACILITY IN POMONA. GREAT & NICE TENANT PROVIDE STEADY INCOME PERFECT FOR LANDLORD TO OWN THESE TWO BUILDINGS TOGETHER! LEASE END ON THIS MAY BOTH ARE BRICKS BUILDING LESS MAINTENANCE COST AND THIS BUILDING HAS ABOUT 400AMPS POWER AN ALLEY NEXT TO THIS BUILDING'S GATED OPEN SPACES BRINGS MORE POTENTIAL OF USE TO THIS PROPERTY! EXAMPLE: CLOUD KITCHEN, WAREHOUSE, DISTRIBUTION CENTER, STORAGE, RESTAURANT WITH OPEN PATIO, ETC. PART OF THE BUILDING IS NEARLY 80 YEARS OLD, THIS PROPERTY IS SOLD AS-IS. YOU CAN NOT MISS THIS GREAT OPPORTUNITY TO OWN YOUR OWN INVESTMENT PROPERTY! PRICE INCLUDED 253 S PARK AVE, POMONA(APN:8341-003-010): CURRENTLY TENANT OCCUPIED. Any questions, please feel free to contact the agent. Thank you

Listed by Sin Lau | BRE #01994279 | Han Investment Group Inc.
Co-listed by Eun Hee Lana Pham | BRE #01384621 | Han Investment Group Inc.
Last checked: 7 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
7,644
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Retail
Status
Sold
MLS#
AR21067721
City
Pomona
County
Los Angeles
Time on Site
1093 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Leased Units: 2
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 295 S Park Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Parcel Number: 8341003011
  • Year Built Source: Public Records
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 210 freeway exit N White ave, turn to 3rd street on the downtown facing, located on 3rd street & Park Ave
View more facts & features

Local Pomona Agent

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Sale History for 295 S Park Ave

Last sold for $939,000 on July 20th, 2021
  • July, 2021

  • Jul 20, 2021

    Date

    Sold

    CRMLS: AR21067721

    $939,000

    Price

  • Jun 22, 2021

    Date

    Pending

    CRMLS: AR21067721

    $939,000

    Price

  • Apr 2, 2021

    Date

    Price Change

    CRMLS: AR21067721

    $939,000

    Price

  • Apr 1, 2021

    Date

    Price Change

    CRMLS: AR21067721

    $490,000

    Price

  • Apr 1, 2021

    Date

    Active

    CRMLS: AR21067721

    $939,000

    Price

Tax History for 295 S Park Ave

Assessed Value (2020): $59,098
Year Land Value Improved Value Assessed Value
2020 $18,987 $40,111 $59,098

Home Value Compared to the Market

This property vs the competition

295 S Park Ave sold on July 20, 2021 for 43.36% higher 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 $230.49 per/sqft which puts the price per square foot 48.89% lower than the current median sale per square foot for the city of Pomona.

About 295 S Park Ave

Detailed summary of property

295 S Park Ave is a retail that recently sold in Pomona, CA 91766. This retail property offered -- bedrooms, -- bathrooms, roughly 4,074 living square feet, and sits on an approximately 7,644 square foot lot. 295 S Park Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $939,000. 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 43.36% higher than the current median priced home. Local homes that are currently for sale include 825 W Highland Ave, 554 W Base Line St and 431 W Highland Ave. While the average home in Pomona, CA is selling in 43 days, 295 S Park Ave has a days on market of 72 days. There are currently 175 homes for sale in the Pomona real estate market and 134 of them are single family homes while 24 of them are condos and 17 are townhomes. For more information on this home for sale at 295 S Park Ave Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 295 S Park Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
1,410
Lot Size
2,955
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
8341-003-011

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
$688,000
Median List Price/Sq.Ft.
$463
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
81
Median Sale to List Price %
103.24%
Avg Days on Market
36
Loan Type
Conventional (40%), FHA (20%), VA (0%), Cash (24%), Other (16%)

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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.