Image 2 for 958 S Garey Ave, Pomona, CA 91766

View Photos

958 S Garey Ave Pomona, CA 91766

$661,000 Sold Price as of 09/28/2021

6 Beds
2 Baths
2,086 Sq.Ft.

Sold

$661,000 Sold Price as of 09/28/2021 Refinance Your Mortgage

Refinance Your Mortgage

Map preview of 958 S Garey Ave, Pomona, CA 91766

Property Overview: 958 S Garey Ave Pomona, CA has 6 bedrooms, 2 bathrooms, 2,086 living square feet and 6,904 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET! This two-unit property is a great investment for a first-time investor or seasoned investor seeking solid returns; or live in one and rent the other! Units are detached, each feature 3 bedrooms, 1 bathroom and laundry area. Front Unit has been remodeled with new kitchen, flooring, paint and much more. Separate gas and electric meters, one car garage for each unit, plus additional off-street parking which can be accessed from the alley. Close to Downtown Pomona, Metrolink, City Hall and entertainment! Buyer to complete their own due diligence in regards to all aspects of the property, including sqft, income, expenses and potential rents. Potential cap rate could be 5.8%.

Listed by THE MARK & AL TEAM | BRE #00914322 | CENTURY 21 MASTERS

Last checked: 2 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft: 6,904
HOA Dues: $0/mo
Year built: 1952
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: CV21113241
City: Pomona
County: Los Angeles
Time on Site: 1079 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,100

Unit Breakdown 2

# of Units: 1
# of Beds: 3
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,200
Total Rent: $1,200
Pro Forma/Market Rent: $1,850

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 4.64%
Gross Rent Multiplier: --
Gross Scheduled Income: $39,600
Net Operating Income: $29,244
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $10,356
Licenses: $86
New Taxes: $6,600
Trash: $1,279
Insurance: $1,056
Water/Sewer: $1,015

Property Details for 958 S Garey Ave

Interior Features

Laundry Information

Has Laundry
Inside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 4

Lot Information

Lot Features: Front Yard
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 8333017013
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: S/Mission Blvd, W/Towne Ave

Neighborhood Information

Community Features: Sidewalks, Street Lights

View more facts & features

Local Pomona Agent

Sale History for 958 S Garey Ave

Last sold for $661,000 on September 28th, 2021

August, 2021
Aug 27, 2021

Date

Pending

CRMLS: CV21113241

$629,900

Price
Aug 26, 2021

Date

Hold

CRMLS: CV21113241

$629,900

Price
Aug 18, 2021

Date

Active

CRMLS: CV21113241

$629,900

Price
Aug 18, 2021

Date

Price Change

CRMLS: CV21113241

$629,900

Price
Jun 15, 2021

Date

Hold

CRMLS: CV21113241

$599,900

Price
Jun 3, 2021

Date

Active

CRMLS: CV21113241

$599,900

Price
January, 2001
Jan 31, 2001

Date

Sold (Public Records)

Public Records

$130,000

Price

Tax History for 958 S Garey Ave

Assessed Value (2020): $179,098

Year	Land Value	Improved Value	Assessed Value
2020	$96,437	$82,661	$179,098

Home Value Compared to the Market

This property vs the competition

958 S Garey Ave sold on September 28, 2021 for 3.83% lower than the current median sold price for the city of Pomona which is $655,000. The median sold price per/sqft for Pomona is $451 and this home is sold at $301.97 per/sqft which puts the price per square foot 33.05% lower than the current median sale per square foot for the city of Pomona.

About 958 S Garey Ave

Detailed summary of property

958 S Garey Ave is a multi family that recently sold in Pomona, CA 91766. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 2,086 living square feet, and sits on an approximately 6,904 square foot lot. 958 S Garey Ave was first listed on ArdentRealEstateGroup.com on June 3, 2021. The homeowner sold the property for $661,000. Home in Pomona are selling for a median price of $655,000 and a median price per square foot of $451. Based on Ardent Real Estate Group's Pomona Market Data, this home is sold 3.83% lower than the current median priced home. Local homes that are currently for sale include 4173 Hubbard St, 555-567 Ramona Ave and 422 N Townsend Ave. While the average home in Pomona, CA is selling in 44 days, 958 S Garey Ave has a days on market of 21 days. There are currently 177 homes for sale in the Pomona real estate market and 133 of them are single family homes while 27 of them are condos and 17 are townhomes. For more information on this home for sale at 958 S Garey Ave Pomona, CA 91766 contact Ardent Real Estate Group and we will put you in touch with one of our Pomona agents.

Public Facts for 958 S Garey Ave

Public county record property details

Beds: 3
Baths: 2
Year built: 1952
Sq. Ft.: 1,478
Lot Size: 6,904
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5,6
APN: 8333-017-013

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

$671,005

Median List Price/Sq.Ft.

$457

Median Sold Price

$670,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

103.24%

Avg Days on Market

Loan Type

Conventional (40%), FHA (20%), VA (0%), Cash (24%), Other (16%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 958 S Garey Ave

Nearby Homes for Sale

Recently Sold Homes Near 958 S Garey Ave

$1,080,000 Last Sold Price

7 Beds

4 Baths

3051 Sq.Ft.

185 E 11th St
Pomona, CA 91766

$490,000 Last Sold Price

3 Beds

2 Baths

972 Sq.Ft.

172 E 11th St
Pomona, CA 91766

$729,000 Last Sold Price

20 Beds

14 Baths

1792 Sq.Ft.

215 E 11th St
Pomona, CA 91766

$1,175,000 Last Sold Price

36 Beds

24 Baths

6204 Sq.Ft.

1108 S Garey Ave
Pomona, CA 91766

Related Resources to 958 S Garey Ave

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.