890 S Hamilton Blvd, Pomona, CA 91766
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890 S Hamilton Blvd Pomona, CA 91766

$975,000 Sold Price as of 10/31/2023
  • 6 Beds
  • 4.5 Baths
  • 2,961 Sq.Ft.
Sold
$975,000 Sold Price as of 10/31/2023 Refinance Your Mortgage

Map preview of 890 S Hamilton Blvd, Pomona, CA 91766

Property Overview: 890 S Hamilton Blvd Pomona, CA has 6 bedrooms, 4.5 bathrooms, 2,961 living square feet and 11,248 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property, meticulously crafted by the original builder, has now made its debut in the market for the very first time since its construction. The units are two-story townhouse style units, located in a prime rental area, and the seller is offering very attractive private seller financing. Residents benefit from the convenience of private garage parking, along with the luxury of private backyards and interior laundry hookups. While tenants are responsible for electricity and gas expenses, the seller covers water and trash fees. Despite the commendable property management by the owner, rental rates have been kept overly conservative, thereby presenting the next investor with a significant upside potential of over 57% in rental income. Seller private financing terms; 30% down payment, 7% interest-only payments, due in 5 years.

Listed by Kristopher German | BRE #01800021 | RE/MAX 2000 REALTY
Last checked: 13 minutes ago | Last updated: May 7th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
11,248
HOA Dues
$0/mo
Year built
1982
Garage
6 Car
Property Type:
Apartment
Status
Sold
MLS#
CV23171901
City
Pomona
County
Los Angeles
Time on Site
293 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,348
  • Total Rent: $1,348
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,630
  • Total Rent: $1,630
  • Pro Forma/Market Rent: $2,295
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,401
  • Total Rent: $1,401
  • Pro Forma/Market Rent: $2,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 2.8%
  • Gross Rent Multiplier: 18.55
  • Gross Scheduled Income: $52,548
  • Net Operating Income: $27,332
  • Gross Operating Income: $50,972
  • Vacancy Allowance: $1,576
Annual Expense Breakdown
  • Total Operating Expense: $23,640
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,622
  • Trash: $5,568
  • Insurance: $1,500
  • Maintenance: $2,250
  • Water/Sewer: $2,700

Property Details for 890 S Hamilton Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Inside, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 8342020004
  • 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: Use GPS | South of I-10, East of CA-71; Near the Intersection of Ninth St & S Hamilton Blvd
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Pomona Agent

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Sale History for 890 S Hamilton Blvd

Last leased for $1,995 on May 7th, 2024
  • May, 2024

  • May 7, 2024

    Date

    Leased

    CRMLS: EV24055003

    $1,995

    Price

  • Mar 19, 2024

    Date

    Active

    CRMLS: EV24055003

    $2,095

    Price

  • Listing provided courtesy of CRMLS

    Two-Story 2-Bedroom Triplex Townhome in Pomona! New Interior Paint, New Quartz Countertops, New Vinyl Plank Flooring in the Kitchen, and New Bathroom Vanities. Kitchen includes Stove/Oven (gas), Garbage Disposal, and Dishwasher. Washer/Dryer Hookups inside, New Window AC Unit, and Central Heat. Fenced Backyard and a 2-Car Detached Garage. Water, Sewer and Gardening are Provided! No Pets Please.

  • October, 2023

  • Oct 31, 2023

    Date

    Sold

    CRMLS: CV23171901

    $975,000

    Price

  • Sep 13, 2023

    Date

    Active

    CRMLS: CV23171901

    $975,000

    Price

Show More

Tax History for 890 S Hamilton Blvd

Assessed Value (2020): $463,698
Year Land Value Improved Value Assessed Value
2020 $179,758 $283,940 $463,698

Home Value Compared to the Market

This property vs the competition

890 S Hamilton Blvd sold on October 31, 2023 for 45.52% higher than the current median sold price for the city of Pomona which is $670,000. The median sold price per/sqft for Pomona is $470 and this home is sold at $329.28 per/sqft which puts the price per square foot 29.94% lower than the current median sale per square foot for the city of Pomona.

About 890 S Hamilton Blvd

Detailed summary of property

890 S Hamilton Blvd is a apartment that recently sold in Pomona, CA 91766. This apartment offered 6 bedrooms, 4.5 bathrooms, roughly 2,961 living square feet, and sits on an approximately 11,248 square foot lot. 890 S Hamilton Blvd was first listed on ArdentRealEstateGroup.com on September 14, 2023. The homeowner sold the property for $975,000. Home in Pomona are selling for a median price of $670,000 and a median price per square foot of $470. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 45.52% higher than the current median priced home. Local homes that are currently for sale include 5363 Edna St, 414 S Ford Blvd and 4233 Michigan Ave. While the average home in Pomona, CA is selling in 48 days, 890 S Hamilton Blvd has a days on market of 2 days. There are currently 168 homes for sale in the Pomona real estate market and 123 of them are single family homes while 29 of them are condos and 16 are townhomes. For more information on this home for sale at 890 S Hamilton Blvd Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 890 S Hamilton Blvd

Public county record property details
Beds
6
Baths
6
Year built
1982
Sq. Ft.
2,961
Lot Size
11,247
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,5
APN
8342-020-004

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
$665,000
Median List Price/Sq.Ft.
$461
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$475
Total Inventory
74
Median Sale to List Price %
100%
Avg Days on Market
28
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (19.05%), Other (19.05%)

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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.