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$1,500,000   Price Analysis
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1541 W Orange Grove Ave
Pomona, CA 91768
4 bed 3 bath 1,880 SqFt ($797/SqFt)
0.5 acre lot. Built 1922
Listed 2024-08-02, Taxes $1,214
Ⓧ USDA Ineligible
due to price & location

near Pomona

Development Opportunity in Prime Pomona Location!

Welcome to this exceptional triplex in the heart of Pomona, situated on a sizeable 0.5-acre lot with unlimited possibilities for expansion. Perfect for developers and investors, this property offers a rare chance to build additional 7-10 units, capitalizing on the high demand for housing in this desirable area. Unbeatable Location: - Close proximity to top educational institutions - Walking distance to entertainment, dining and shopping - Convenient access to public transportation and major airports Top Features: - 0.5-acre lot with room for expansion - Existing triplex with potential for renovation or redevelopment - Prime locatin in the city of Pomona - High demand for housing in the area - Endless possibilit ies for developers and investors This property offers a unique opportunity for growth and development in a prime location.

Don't miss out!


Presented by Vince Kwon at
Irn Realty.


Property MLS #TR24159360 from CRMLS

Bedrooms: 4

Laundry Features: Gas Dryer Hookup, Washer Hookup

Full Bathrooms: 3

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.5035
Lot Size Source: Assessor
Lot Size Square Feet: 21931

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Curbs, Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1200.00
Area: 687 - Pomona
Source Neighborhood: 687 - Pomona
New Taxes Expense: 8800.00
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 8355021057
Postal Code Plus 4: 2152
Trash Expense: 1300.00
Zoning: POR16000
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$188,000 + $487,000
$675,000
$1,214
2021$20,578 + $14,568
$35,146
$1,177
2021$20,989 + $14,859
$35,848
$1,177
2020$20,367 + $14,419
$34,786
$1,172
2019$19,968 + $14,137
$34,105
$1,175
2018$19,577 + $13,860
$33,437
$1,050
2017$19,194 + $13,589
$32,783
$1,036
2016$18,818 + $13,323
$32,141
$987
2015$18,536 + $13,123
$31,659
$981
2014$18,173 + $12,866
$31,039
$1,004
2013$18,091 + $12,808
$30,899
$988
2012$17,737 + $12,557
$30,294
$981
2010$17,390 + $12,311
$29,701
$948
2009$17,303 + $12,249
$29,552
$901
2009$17,261 + $12,219
$29,480
$901
2008$16,964 + $12,009
$28,973
$857
2007$16,632 + $11,774
$28,406
$815

Listed 2024-08-02
$1,500,000
CRMLS
Listing removed 2024-08-02
$0
CRMLS
Listed 2024-02-27
$1,500,000
CRMLS
Listing removed 2023-09-02
$0
CRMLS
Listed for rent 2023-08-19
$2,600
CRMLS
Sold 2022-06-17
$675,000
Public Record

Net Operating Income: 60000.00

Total Square Feet Living: 1880
Year Built: 1922
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 102
Property Attached: Yes
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Public Records

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1300.00
Water Source: Public

Arroyo Elementary School is a public elementary school located approximately 0.2 miles away.
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Marshall Middle School is a public middle school located approximately 0.3 miles away.
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Ganesha High School is a public high school located approximately 0.6 miles away.
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L.A. County Fair Assoc. Child Development Center is a private elementary school located approximately 0 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.