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700 N Towne Ave, Pomona, CA 91767
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700 N Towne Ave Pomona, CA 91767

$890,000 Sold Price as of 03/06/2024
  • 6 Beds
  • 3 Baths
  • 2,766 Sq.Ft.
Sold
$890,000 Sold Price as of 03/06/2024 Refinance Your Mortgage
Map preview of 700 N Towne Ave, Pomona, CA 91767

Property Overview: 700 N Towne Ave Pomona, CA has 6 bedrooms, 3 bathrooms, 2,766 living square feet and 7,209 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: AMAZING OPPORTUNITY / TRIPLEX INVESTMENT!! Unveil your key to a remarkable investment: a captivating triplex opportunity awaits! Discover three enchanting Spanish-style bungalows, each boasting 2 bedrooms and 1 bath. All three units have newer Solar Panels and newer Electrical Panels. Nestled in Pomona's coveted area amidst a wave of positive gentrification, this is a prime location just minutes away from the 10, 60, 71, and 57 freeways. Two units boast newer water heaters and all have raised foundations, while each residence flaunts its own private backyard oasis. Presently, two units are leased, while the third beckons with its vacant allure. Pristine condition defines these units, showcasing an unparalleled investment opportunity waiting for the discerning buyer. Seize the chance to claim your stake in this outstanding investment property before it slips away!

Listed by Fernando Reza | BRE #01451616 | KELLER WILLIAMS COVINA
Last checked: 6 minutes ago | Last updated: March 7th, 2024 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
7,209
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
CV23218289
City
Pomona
County
Los Angeles
Time on Site
295 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $5,200
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $90,000
  • Net Operating Income: $84,360
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,640
  • Trash: $1,080
  • Insurance: $2,400
  • Water/Sewer: $2,160

Property Details for 700 N Towne Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Near Public Transit, Sprinkler System, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 8337007010
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of 10 FWY on Towne Ave
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Pomona Agent

Sale History for 700 N Towne Ave

Last sold for $890,000 on March 6th, 2024

  • March, 2024

  • Mar 6, 2024

    Date

    Sold

    CRMLS: CV23218289

    $890,000

    Price

  • Dec 7, 2023

    Date

    Active

    CRMLS: CV23218289

    $875,000

    Price

  • February, 2020

  • Feb 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $534,500

    Price

Show More

Tax History for 700 N Towne Ave

Assessed Value (2020): $142,084
Year Land Value Improved Value Assessed Value
2020 $42,614 $99,470 $142,084

Home Value Compared to the Market

This property vs the competition

700 N Towne Ave sold on March 6, 2024 for 27.74% 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 $316.34 per/sqft which puts the price per square foot 32.41% lower than the current median sale per square foot for the city of Pomona.

About 700 N Towne Ave

Detailed summary of property

700 N Towne Ave is a triplex that recently sold in Pomona, CA 91767. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,766 living square feet, and sits on an approximately 7,209 square foot lot. 700 N Towne Ave was first listed on ArdentRealEstateGroup.com on December 8, 2023. The homeowner sold the property for $890,000. 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 27.74% higher than the current median priced home. Local homes that are currently for sale include 110 Orange Grove Ave, 1002 W 8th St and 511 E 4th Street. While the average home in Pomona, CA is selling in 53 days, 700 N Towne Ave has a days on market of 24 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 700 N Towne Ave Pomona, CA 91767 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 700 N Towne Ave

Public county record property details
Beds
6
Baths
3
Year built
1926
Sq. Ft.
2,766
Lot Size
7,208
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
8337-007-010

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%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 700 N Towne Ave

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Recently Sold Homes Near 700 N Towne Ave

515 E Pasadena St, Pomona, CA 91767
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7 Baths
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505 E Pasadena St, Pomona, CA 91767
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894 N Towne Ave, Pomona, CA 91767
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731 N Eleanor St, 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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