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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 2024-02-27, Taxes $1,214
Ⓧ USDA Ineligible
due to price & location

near Pomona

This triplex in Pomona is a tremendous investment property and perfect for a developer!

This property sits on a 0.5-acre lot with plenty of room for additional units on the unused lot. The city of Pomona said that 7-10 additional units could be built. This multi-family property is conveniently located near Cal Poly Pomona, Mt. San Antonio College, Claremont Colleges, Devry University, University of La Verne and Western University.

Very close to the historic Fox Theater, restaurants, pubs, shops and Art Galleries in Downtown Pomona. Only 30 minutes from Downtown Los Angeles, 17 minutes from Ontario International Airport and 41 minutes from John Wayne Airport. This home has 5 parks within 6.1 miles, including Frnk G. Bonelli Regional Park, Millikan Planetarium and Alf Museum of Paleontology.


Presented by Vince Kwon at
Irn Realty.


Property MLS #TR24039662 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 2024-02-27
$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.