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975 Waters Ave, Pomona, CA 91766
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975 Waters Ave Pomona, CA 91766

$1,015,000 Sold Price as of 03/01/2022
  • 8 Beds
  • 4 Baths
  • 3,908 Sq.Ft.
Sold
$1,015,000 Sold Price as of 03/01/2022 Refinance Your Mortgage
Map preview of 975 Waters Ave, Pomona, CA 91766

Property Overview: 975 Waters Ave Pomona, CA has 8 bedrooms, 4 bathrooms, 3,908 living square feet and 11,238 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A great opportunity to own a 4-unit income property in Pomona. Property is a single story building approx. 3,908 Sqf. ft and is situated on a large 11,238 Sq. Ft. lot. All 4 units are spacious 2 bedrooms 1 baths each estimated to be 975 Sq. ft. of living space. Each unit is separately metered for electricity and gas and has its own water heater. Each unit has central air and heat. A detach 4 car garage plus additional street and alley provide plenty of parking. There is a community laundry room with a coin operated washer and dryer. Conveniently located close to the I-10, 71, and 60 fwys, transportations, restaurants, shops, schools & parks. Please do not go on property or disturb tenants.

Listed by RUBEN MARRON | BRE #01135250 | KELLER WILLIAMS COVINA
Last checked: 4 minutes ago | Last updated: October 3rd, 2023 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
11,238
HOA Dues
$0/mo
Year built
1962
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
CV22003097
City
Pomona
County
Los Angeles
Time on Site
902 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,000
  • Net Operating Income: $55,476
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $100
  • Laundry Own/Lease: Own
  • Other Income Description: laundry income varies monthly
Annual Expense Breakdown
  • Total Operating Expense: $7,524
  • Electric: $362
  • Gas/Fuel: $255
  • Trash: $3,405
  • Gardener: $905
  • Insurance: $1,411
  • Water/Sewer: $1,186

Property Details for 975 Waters Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community, See Remarks
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door, Street
Lot Information
  • Lot Features: Level with Street, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 4
  • Parcel Number: 8342021087
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of White Ave South of 9th St.
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Pomona Agent

Sale History for 975 Waters Ave

Last sold for $1,015,000 on March 1st, 2022

  • January, 2022

  • Jan 31, 2022

    Date

    Pending

    CRMLS: CV22003097

    $999,900

    Price

  • Jan 24, 2022

    Date

    Hold

    CRMLS: CV22003097

    $999,900

    Price

  • October, 2016

  • Oct 12, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2016

  • Sep 14, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 975 Waters Ave

Assessed Value (2020): $262,580
Year Land Value Improved Value Assessed Value
2020 $156,999 $105,581 $262,580

Home Value Compared to the Market

This property vs the competition

975 Waters Ave sold on March 1, 2022 for 49.24% 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 $255.86 per/sqft which puts the price per square foot 45.56% lower than the current median sale per square foot for the city of Pomona.

About 975 Waters Ave

Detailed summary of property

975 Waters Ave is a fourplex that recently sold in Pomona, CA 91766. This fourplex offered 8 bedrooms, 4 bathrooms, roughly 3,908 living square feet, and sits on an approximately 11,238 square foot lot. 975 Waters Ave was first listed on ArdentRealEstateGroup.com on January 10, 2022. The homeowner sold the property for $1,015,000. 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 49.24% higher than the current median priced home. Local homes that are currently for sale include 6728 Friends Ave, 6728 Friends Ave and 13931 Leffingwell Rd. While the average home in Pomona, CA is selling in 48 days, 975 Waters Ave has a days on market of 8 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 975 Waters 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 975 Waters Ave

Public county record property details
Beds
8
Baths
4
Year built
1962
Sq. Ft.
3,908
Lot Size
11,237
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
8342-021-087

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
$679,998
Median List Price/Sq.Ft.
$457
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$451
Total Inventory
69
Median Sale to List Price %
95.73%
Avg Days on Market
27
Loan Type
Conventional (29.17%), FHA (45.83%), VA (4.17%), Cash (8.33%), Other (12.5%)

Thinking of Selling?

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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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