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550 N Currier St, Pomona, CA 91768
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550 N Currier St Pomona, CA 91768

$671,000 Sold Price as of 05/24/2024
  • 4 Beds
  • 3 Baths
  • 1,998 Sq.Ft.
Sold
$671,000 Sold Price as of 05/24/2024 Refinance Your Mortgage
Map preview of 550 N Currier St, Pomona, CA 91768

Property Overview: 550 N Currier St Pomona, CA has 4 bedrooms, 3 bathrooms, 1,998 living square feet and 7,198 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Value-add, fully-occupied, month-to-month lease with current cap rate over 4%, this triplex in Pomona is an investor’s dream. One 2-bedroom and two 1-bedroom units each with their own electric and gas meters, laundry hook-ups, and detached one-car garage make up a perfect unit mix. Below-market $3,952 total monthly rent and low maintenance cost offer great upside potential. Re-piped in all units with 10-year warranty, fresh exterior paint, brand new electrical sub-panels in all units, a new sewer line, and Section one termite clearance provide worry-free solution to the new owner.

Listed by Tsungchih Lin | BRE #01971341 | First Team Real Estate
Co-listed by JONATHAN KHAW | BRE #01975871 | First Team Real Estate
Last checked: 1 minute ago | Last updated: May 24th, 2024 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
7,198
HOA Dues
$0/mo
Year built
1961
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
TR24041595
City
Pomona
County
Los Angeles
Time on Site
123 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,248
  • Total Rent: $1,248
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,144
  • Total Rent: $1,144
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.02%
  • Gross Rent Multiplier: 15.81
  • Gross Scheduled Income: $47,424
  • Net Operating Income: $30,173
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,251
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,849
  • Trash: $1,278
  • Gardener: $720
  • Insurance: $1,904
  • Maintenance: $3,000
  • Professional Management: $1,200
  • Water/Sewer: $3,300

Property Details for 550 N Currier St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Block, Chain Link, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Garage - Single Door
Lot Information
  • Lot Features: Rectangular Lot, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 8357014024
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Go north at Currier on Holt. First property on your right passing auto shop.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Pomona Agent

Sale History for 550 N Currier St

Last sold for $671,000 on May 24th, 2024

  • May, 2024

  • May 24, 2024

    Date

    Sold

    CRMLS: TR24041595

    $671,000

    Price

  • Mar 1, 2024

    Date

    Active

    CRMLS: TR24041595

    $750,000

    Price

  • November, 2023

  • Nov 16, 2023

    Date

    Canceled

    CRMLS: TR23085504

    $750,000

    Price

  • May 18, 2023

    Date

    Active

    CRMLS: TR23085504

    $737,000

    Price

  • Listing provided courtesy of CRMLS

    Value-add, fully-occupied, month-to-month lease with current cap rate over 4%, this triplex in Pomona is an investor’s dream. One 2-bedroom and two 1-bedroom units each with their own electric and gas meters, laundry hook-ups, and detached one-car garage make up a perfect unit mix. Below-market $3,952 total monthly rent and low maintenance cost offer great upside potential. Re-piped in all units with 10-year warranty, fresh exterior paint, brand new electrical sub-panels in all units, and a new sewer line provide worry-free solution to the new owner.

  • February, 2014

  • Feb 27, 2014

    Date

    Sold (Public Records)

    Public Records

    $365,000

    Price

  • December, 2013

  • Dec 10, 2013

    Date

    Sold (Public Records)

    Public Records

    $60,000

    Price

Show More

Tax History for 550 N Currier St

Assessed Value (2020): $409,121
Year Land Value Improved Value Assessed Value
2020 $224,176 $184,945 $409,121

Home Value Compared to the Market

This property vs the competition

550 N Currier St sold on May 24, 2024 for 4.17% higher than the current median sold price for the city of Pomona which is $720,000. The median sold price per/sqft for Pomona is $506 and this home is sold at $375.38 per/sqft which puts the price per square foot 25.82% lower than the current median sale per square foot for the city of Pomona.

About 550 N Currier St

Detailed summary of property

550 N Currier St is a triplex that recently sold in Pomona, CA 91768. This triplex offered 4 bedrooms, 3 bathrooms, roughly 1,998 living square feet, and sits on an approximately 7,198 square foot lot. 550 N Currier St was first listed on ArdentRealEstateGroup.com on March 1, 2024. The homeowner sold the property for $671,000. Home in Pomona are selling for a median price of $720,000 and a median price per square foot of $506. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 4.17% higher than the current median priced home. Local homes that are currently for sale include 954 Geraghty Ave, 4280 Dennison St and 2105 Keith St. While the average home in Pomona, CA is selling in 47 days, 550 N Currier St has a days on market of 11 days. There are currently 168 homes for sale in the Pomona real estate market and 120 of them are single family homes while 31 of them are condos and 17 are townhomes. For more information on this home for sale at 550 N Currier St Pomona, CA 91768 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 550 N Currier St

Public county record property details
Beds
4
Baths
3
Year built
1961
Sq. Ft.
1,998
Lot Size
7,198
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
8357-014-024

The source for these homes facts are from public records.

91768 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$458
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$478
Total Inventory
43
Median Sale to List Price %
103.42%
Avg Days on Market
27
Loan Type
Conventional (66.67%), FHA (0%), VA (22.22%), Cash (11.11%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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