Search
582 W 3Rd St, Pomona, CA 91766
Image 2 for 582 W 3Rd St, Pomona, CA 91766
Image 3 for 582 W 3Rd St, Pomona, CA 91766
View Photos

582 W 3Rd St Pomona, CA 91766

$750,000 Sold Price as of 10/25/2021
  • 6 Beds
  • 6 Baths
  • 3,999 Sq.Ft.
Sold
$750,000 Sold Price as of 10/25/2021 Refinance Your Mortgage
Map preview of 582 W 3Rd St, Pomona, CA 91766

Property Overview: 582 W 3Rd St Pomona, CA has 6 bedrooms, 6 bathrooms, 3,999 living square feet and 8,675 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively offer for sale this excellent "fix and flip" opportunity located in the city of Pomona. The asset consists of (1) 2 Bedroom/1Bathroom, (4) 1 Bedroom/1 Bathroom, & (1) Studio apartment spread across 2 separate structures. The property is located in the Downtown Pomona District in proximity to the metro station, Western University, and restaurants/entertainment. This area of Pomona has seen a tremendous amount of increase in the rental market with respect to demand and rental rates. In its current condition, an investor can take advantage of an attractive $132K Price Per Unit with huge upside potential. The property is separately metered for gas and electricity which is rare to find in vintage assets of the like. Two of the six units will be delivered vacant upon the close of escrow allowing an investor to start renovation immediately. The subject property is in need of extensive rehab and repair which may consist of foundation work as well (buyer and buyer's agent to do their own due diligence).

Listed by KRISTOPHER GERMAN | BRE #01800021 | RE/MAX 2000 REALTY
Last checked: 15 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
8,675
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV21210238
City
Pomona
County
Los Angeles
Time on Site
1092 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $500
  • Total Rent: $500
  • Pro Forma/Market Rent: $1,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $34,200
  • Net Operating Income: $14,112
  • Gross Operating Income: $33,174
  • Vacancy Allowance: $1,026
Annual Expense Breakdown
  • Total Operating Expense: $19,062
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,302
  • Trash: $2,160
  • Insurance: $1,600
  • Maintenance: $3,000
  • Professional Management: $0
  • Water/Sewer: $2,100
  • Other Expenses: $900
  • Other Expense Description: Reserves

Property Details for 582 W 3Rd St

Interior Features
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 8341006005
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of I-10, East of CA-71; Near Intersection of S Parcels St & W 3rd St
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Pomona Agent

Sale History for 582 W 3Rd St

Last sold for $750,000 on October 25th, 2021

  • October, 2021

  • Oct 15, 2021

    Date

    Pending

    CRMLS: CV21210238

    $795,000

    Price

  • Sep 23, 2021

    Date

    Active

    CRMLS: CV21210238

    $795,000

    Price

Tax History for 582 W 3Rd St

Assessed Value (2020): $461,312
Year Land Value Improved Value Assessed Value
2020 $186,481 $274,831 $461,312

Home Value Compared to the Market

This property vs the competition

582 W 3Rd St sold on October 25, 2021 for 16.06% 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 $198.8 per/sqft which puts the price per square foot 57.52% lower than the current median sale per square foot for the city of Pomona.

About 582 W 3Rd St

Detailed summary of property

582 W 3Rd St is a multi family that recently sold in Pomona, CA 91766. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,999 living square feet, and sits on an approximately 8,675 square foot lot. 582 W 3Rd St was first listed on ArdentRealEstateGroup.com on September 23, 2021. The homeowner sold the property for $750,000. 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 16.06% higher than the current median priced home. Local homes that are currently for sale include 660 E 6th St, 1002 W 8th St and 511 E 4th Street. While the average home in Pomona, CA is selling in 51 days, 582 W 3Rd St has a days on market of 22 days. There are currently 221 homes for sale in the Pomona real estate market and 152 of them are single family homes while 32 of them are condos and 37 are townhomes. For more information on this home for sale at 582 W 3Rd St Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 582 W 3Rd St

Public county record property details
Beds
6
Baths
6
Year built
1911
Sq. Ft.
3,999
Lot Size
8,675
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
8341-006-005

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.
$475
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$488
Total Inventory
105
Median Sale to List Price %
98.51%
Avg Days on Market
18
Loan Type
Conventional (46.43%), FHA (17.86%), VA (0%), Cash (21.43%), Other (14.29%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 582 W 3Rd St

Nearby Homes for Sale

912 W 3rd St, Pomona, CA 91766
$824,999
4 Beds
4 Baths
1950 Sq.Ft.
912 W 3rd St
Pomona, CA 91766
1163 W 3rd St, Pomona, CA 91766
$685,000
5 Beds
2 Baths
1876 Sq.Ft.
1163 W 3rd St
Pomona, CA 91766
819 N Gordon St, Pomona, CA 91768
$849,000
9 Beds
8 Baths
1812 Sq.Ft.
819 N Gordon St
Pomona, CA 91768
324 N Palomares St, Pomona, CA 91767
$725,000
5 Beds
3 Baths
1734 Sq.Ft.
324 N Palomares St
Pomona, CA 91767
552 Linden St, Pomona, CA 91766
$779,800
5 Beds
4 Baths
2750 Sq.Ft.
552 Linden St
Pomona, CA 91766
903 N Eleanor St, Pomona, CA 91767
$699,999
3 Beds
3 Baths
2070 Sq.Ft.
903 N Eleanor St
Pomona, CA 91767
645 N Towne Ave, Pomona, CA 91767
$875,000
4 Beds
2 Baths
1896 Sq.Ft.
645 N Towne Ave
Pomona, CA 91767
5486 Riverside Dr, Chino, CA 91710
$799,900
5 Beds
2 Baths
2482 Sq.Ft.
5486 Riverside Dr
Chino, CA 91710
221 E Sunkist St, Ontario, CA 91761
$879,000
3 Beds
3 Baths
1816 Sq.Ft.
221 E Sunkist St
Ontario, CA 91761
813 N Campus Ave, Ontario, CA 91764
$688,800
3 Beds
2 Baths
1452 Sq.Ft.
813 N Campus Ave
Ontario, CA 91764
971 5th Ave, Upland, CA 91786
$820,000
4 Beds
3 Baths
1811 Sq.Ft.
971 5th Ave
Upland, CA 91786
336 E Front St, Covina, CA 91723
$748,000
4 Beds
3 Baths
1749 Sq.Ft.
336 E Front St
Covina, CA 91723

Recently Sold Homes Near 582 W 3Rd St

724 W 2nd St, Pomona, CA 91766
$625,000 Last Sold Price
5 Beds
3 Baths
2978 Sq.Ft.
724 W 2nd St
Pomona, CA 91766
812 W 2nd St, Pomona, CA 91766
$519,900 Last Sold Price
5 Beds
3 Baths
1696 Sq.Ft.
812 W 2nd St
Pomona, CA 91766
795 W 7th St, Pomona, CA 91766
$480,000 Last Sold Price
4 Beds
2 Baths
1744 Sq.Ft.
795 W 7th St
Pomona, CA 91766
480 W Center St, Pomona, CA 91768
$656,500 Last Sold Price
2 Beds
3 Baths
1967 Sq.Ft.
480 W Center St
Pomona, CA 91768

Related Resources to 582 W 3Rd St

New Listings in 91766
Popular Zip Codes
Popular Cities
Other Pomona Resources

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.

Refi Quote