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515 E Pasadena St, Pomona, CA 91767
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515 E Pasadena St Pomona, CA 91767

$1,190,000 Sold Price as of 03/08/2024
  • 9 Beds
  • 7 Baths
  • 4,242 Sq.Ft.
Sold
$1,190,000 Sold Price as of 03/08/2024 Refinance Your Mortgage
Map preview of 515 E Pasadena St, Pomona, CA 91767

Property Overview: 515 E Pasadena St Pomona, CA has 9 bedrooms, 7 bathrooms, 4,242 living square feet and 9,025 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent investment opportunity! 515 E Pasadena St is a 6-unit (+1 non-confirming unit) multifamily property located in Pomona, California. The property features two 2B+1B units and five 1B+1B units. Centrally located near the 10 and 71 freeways Residents enjoy being close to local elementary, middle and high schools, as well as Cal Poly Pomona, the University of La Verne, and Western University of Health Sciences Pomona Campus. Local recreation includes the Frank G. Bonelli Park and Raging Waters. Residents will enjoy being less than two miles from the local post office, the Pomona Downtown Metrolink station, Bank of America, Wells Fargo, local grocery stores, and numerous eateries in Downtown Pomona.

Listed by Jagmeet Singh | BRE #01886951 | Keller Williams Realty
Last checked: 8 minutes ago | Last updated: March 11th, 2024 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
9,025
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Apartment
Status
Sold
MLS#
AR23225412
City
Pomona
County
Los Angeles
Time on Site
290 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
  • # of Electric Meters: 8
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,533
  • Total Rent: $7,665
  • Pro Forma/Market Rent: $9,765
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,535
  • Total Rent: $3,070
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $128,820
  • Net Operating Income: $82,707
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $42,248
  • Electric: $180
  • New Taxes: $14,114
  • Trash: $5,182
  • Insurance: $2,634
  • Professional Management: $0
  • Water/Sewer: $2,140

Property Details for 515 E Pasadena St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 8337010015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of 10 Freeway, East of Town Ave, North of Pasadena Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Pomona Agent

Sale History for 515 E Pasadena St

Last sold for $1,190,000 on March 8th, 2024

  • March, 2024

  • Mar 8, 2024

    Date

    Sold

    CRMLS: AR23225412

    $1,190,000

    Price

  • Dec 13, 2023

    Date

    Active

    CRMLS: AR23225412

    $1,190,000

    Price

  • September, 2019

  • Sep 1, 2019

    Date

    Expired

    CRMLS: AR19134645

    $1,170,000

    Price

  • Jun 7, 2019

    Date

    Active

    CRMLS: AR19134645

    $1,170,000

    Price

  • Listing provided courtesy of CRMLS

    515 Pasadena Street is a six-unit multifamily property located in Pomona, CA. The property has one 2B+1B unit and five 1B+1B units. All units are separately metered for gas and electric. 515 Pasadena is centrally located near the 10 and 71 freeways. Residents enjoy being close to local elementary, middle and high schools, as well as Cal Poly Pomona, the University of La Verne, and Western University of Health Sciences Pomona Campus. Local recreation includes the Frank G. Bonelli Park and Raging Waters. Residents are will enjoy being less than two miles from the local post office, the Pomona Downtown Metrolink station, Bank of America, Wells Fargo, local grocery stores, and numerous eateries in Downtown Pomona.

  • May, 2019

  • May 29, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 19, 2018

    Date

    Sold

    CRMLS: TR18094096

    $835,000

    Price

  • May 3, 2018

    Date

    Pending

    CRMLS: TR18094096

    $850,000

    Price

  • Apr 24, 2018

    Date

    Active

    CRMLS: TR18094096

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Great upside value. 6 units, 3 buildings 515 Unit #A 4 bedrooms, 2 baths, laundry, 1 car detached garage, patio area, and basement. Rents now for $1500. This one is for the Manager. She gets $150 credit back. Can go Section 8 for $2100. 515 Unit #D 1 Bedroom, 1 Bath. Rents for $900 upstairs unit. Parking on the street, wall heater. 515 Unit #C 1 Bedroom, 1 Bath. Rents for $850 upstairs unit. Parking on the street 517 Unit #A 1 Bedroom, 1 Bath. Rents for $800. Wall heater, downstairs unit. 517 Unit #B 1 Bedroom, 1 Bath. Rents for $810. Wall heater upstairs unit 517 Unit #C 1 Bedroom, 1 Bath. Laundry room, parking area. This unit is by"itself" and has a small yard. There is a 1 car garage that Owner uses for personal use. All units have gas and electric meters, 6 total, plus 6 water heaters. The stove belongs to Tenants. Owner pays for water and trash all tenants have lived there over 2 years.

  • May, 2018

  • May 15, 2018

    Date

    Sold (Public Records)

    Public Records

    $835,000

    Price

Show More

Tax History for 515 E Pasadena St

Assessed Value (2020): $868,734
Year Land Value Improved Value Assessed Value
2020 $416,160 $452,574 $868,734

Home Value Compared to the Market

This property vs the competition

515 E Pasadena St sold on March 8, 2024 for 73.72% higher than the current median sold price for the city of Pomona which is $685,000. The median sold price per/sqft for Pomona is $468 and this home is sold at $280.53 per/sqft which puts the price per square foot 40.06% lower than the current median sale per square foot for the city of Pomona.

About 515 E Pasadena St

Detailed summary of property

515 E Pasadena St is a apartment that recently sold in Pomona, CA 91767. This apartment offered 9 bedrooms, 7 bathrooms, roughly 4,242 living square feet, and sits on an approximately 9,025 square foot lot. 515 E Pasadena St was first listed on ArdentRealEstateGroup.com on December 13, 2023. The homeowner sold the property for $1,190,000. Home in Pomona are selling for a median price of $685,000 and a median price per square foot of $468. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 73.72% higher than the current median priced home. Local homes that are currently for sale include 1337 brea canyon cutoff rd, 420 N Alameda Ave and 110 Orange Grove Ave. While the average home in Pomona, CA is selling in 53 days, 515 E Pasadena St has a days on market of 43 days. There are currently 223 homes for sale in the Pomona real estate market and 149 of them are single family homes while 33 of them are condos and 41 are townhomes. For more information on this home for sale at 515 E Pasadena St Pomona, CA 91767 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 515 E Pasadena St

Public county record property details
Beds
8
Baths
7
Year built
1927
Sq. Ft.
4,242
Lot Size
9,025
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
8337-010-015

The source for these homes facts are from public records.

91767 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$655,000
Median List Price/Sq.Ft.
$449
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$457
Total Inventory
76
Median Sale to List Price %
100.29%
Avg Days on Market
26
Loan Type
Conventional (33.33%), FHA (33.33%), VA (4.17%), Cash (25%), Other (4.17%)

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Recently Sold Homes Near 515 E Pasadena St

505 E Pasadena St, Pomona, CA 91767
$972,200 Last Sold Price
12 Beds
8 Baths
2468 Sq.Ft.
505 E Pasadena St
Pomona, CA 91767
700 N Towne Ave, Pomona, CA 91767
$890,000 Last Sold Price
6 Beds
3 Baths
2766 Sq.Ft.
700 N Towne Ave
Pomona, CA 91767
561 E Pasadena St, Pomona, CA 91767
$1,050,000 Last Sold Price
5 Beds
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2670 Sq.Ft.
561 E Pasadena St
Pomona, CA 91767
747 N Caswell Ave, Pomona, CA 91767
$555,000 Last Sold Price
4 Beds
3 Baths
1559 Sq.Ft.
747 N Caswell Ave
Pomona, CA 91767

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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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