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896 W Commercial St, Pomona, CA 91768
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896 W Commercial St Pomona, CA 91768

$720,000 Sold Price as of 05/06/2022
  • 6 Beds
  • 3.5 Baths
  • 2,380 Sq.Ft.
Sold
$720,000 Sold Price as of 05/06/2022 Refinance Your Mortgage
Map preview of 896 W Commercial St, Pomona, CA 91768

Property Overview: 896 W Commercial St Pomona, CA has 6 bedrooms, 3.5 bathrooms, 2,380 living square feet and 7,439 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: These units are a great investment for a first-time investor or seasoned investor seeking solid returns. The property is composed of 2 units with upside rent potential. One of the units features four bedrooms, two bathrooms and the other features two bedrooms, two bathrooms. Each unit has a two-car garage, plus additional off-street parking for up to 5 cars. There’s separate gas and electric meters. New roof installed in 2021. Just minutes from Downtown Pomona, shopping, restaurants, and entertainment! Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents.

Listed by THE MARK AND AL TEAM | BRE #00914322 | CENTURY 21 MASTERS
Last checked: 14 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
7,439
HOA Dues
$0/mo
Year built
1988
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
CV22069449
City
Pomona
County
Los Angeles
Time on Site
815 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $29,400
  • Net Operating Income: $17,100
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,300
  • Electric: $0
  • Licenses: $89
  • New Taxes: $8,388
  • Trash: $0
  • Gardener: $2,400
  • Insurance: $1,428
  • Water/Sewer: $0

Property Details for 896 W Commercial St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside, Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 8348011037
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: See Remarks
Location / Neighborhood
Location Information
  • Directions: N/1st St, W/Hamilton Blvd
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Pomona Agent

Sale History for 896 W Commercial St

Last leased for $2,600 on September 13th, 2022

  • September, 2022

  • Sep 13, 2022

    Date

    Leased

    CRMLS: TR22174490

    $2,600

    Price

  • Aug 8, 2022

    Date

    Active

    CRMLS: TR22174490

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Good location! Unit B is the vacant unit. Spacious living room, kitchen and bedrooms. It comes with a patio in the back and carport parking. Newly renovated.

  • April, 2022

  • Apr 7, 2022

    Date

    Active

    CRMLS: CV22069449

    $699,000

    Price

  • August, 2011

  • Aug 19, 2011

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

  • May, 2004

  • May 24, 2004

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

Show More

Tax History for 896 W Commercial St

Assessed Value (2020): $258,405
Year Land Value Improved Value Assessed Value
2020 $114,847 $143,558 $258,405

Home Value Compared to the Market

This property vs the competition

896 W Commercial St sold on May 6, 2022 for 4.33% 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 $293.7 per/sqft which puts the price per square foot 37.51% lower than the current median sale per square foot for the city of Pomona.

About 896 W Commercial St

Detailed summary of property

896 W Commercial St is a duplex that recently sold in Pomona, CA 91768. This duplex offered 6 bedrooms, 3.5 bathrooms, roughly 2,380 living square feet, and sits on an approximately 7,439 square foot lot. 896 W Commercial St was first listed on ArdentRealEstateGroup.com on April 7, 2022. The homeowner sold the property for $720,000. 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 4.33% higher than the current median priced home. Local homes that are currently for sale include 4032 City Terrace Dr, 1086 N Bonnie Beach Pl and 4173 Hubbard St. While the average home in Pomona, CA is selling in 48 days, 896 W Commercial St has a days on market of 15 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 896 W Commercial 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 896 W Commercial St

Public county record property details
Beds
6
Baths
4
Year built
1988
Sq. Ft.
2,380
Lot Size
7,439
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
35
APN
8348-011-037

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
$669,999
Median List Price/Sq.Ft.
$452
Median Sold Price
$643,202
Median Sold Price/Sq.Ft.
$494
Total Inventory
38
Median Sale to List Price %
104.09%
Avg Days on Market
28
Loan Type
Conventional (80%), FHA (0%), VA (0%), Cash (20%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 896 W Commercial St

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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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