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$1,100,000   Price Analysis
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2458 Chanslor St
Pomona, CA 91766
8 bed 5 bath 3,818 SqFt ($288/SqFt)
7,181SqFt lot. Built 1963
Listed 2024-04-02, Taxes $6,990
Ⓧ USDA Ineligible
due to price & location

near Pomona

Motivated Seller - Unlock the investment potential of this multifamily apartment building nestled in the vibrant heart of Pomona.

Featuring 4 units with a mix of 1 to 3 bedrooms, spread over 2 levels, this property offers an enticing opportunity to owners to capitalize on rental income from stable, long term tenants. Additionally, this property offers separate shared laundry room, 4 garage spaces, 2 outdoor shared parking spaces and ample street parking. Located in a tenant-dense area, an onsite live in tenant/manager ensures the building remains clean and well maintained year round. Ideal for remote investors or owner occupiers seeking a blend f ease of management and income growth. This area of Pomona is close to the 60 and 71 frwy, Pomona Colleges, CalPoly Pomona, CalTech, markets, restaurants and parks. Dont miss out on this opportunity!

Seller is offering the buyer's agent a 2% commission at close of sale. All buyer's agent must be licensed and provide a signed buyer's rep agreement.


Presented by Vivienne Tran at
Cali Home Realty.
Listing Agent Photo

Property MLS #PW24063093 from CRMLS

Bedrooms: 8

Laundry Features: Dryer Included, Individual Room, Washer Included

Full Bathrooms: 5

Heating Features: Wall Furnace
Heating: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1648531
Lot Size Source: Public Records
Lot Size Square Feet: 7181

Road Frontage Type: City Street

Garage Spaces: 4
Parking Features: Parking Features: Assigned, Garage, Street
Parking Total: 4

View: Neighborhood

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Tenant Pays: All Utilities
Rent Control: Yes

Community Features: Sidewalks, Street Lights, Suburban, Urban

Source Listing Status: Active
County: Los Angeles
Cap Rate: 3.90
Source Property Type: Residential Income
Insurance Expense: 1200.00
Area: 687 - Pomona
Source Neighborhood: 687 - Pomona
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 8331023022
Postal Code Plus 4: 6024
Trash Expense: 5496.00
Zoning: POR31000
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$310,170 + $194,614
$504,784
$6,990
2021$304,089 + $190,799
$494,888
$6,815
2020$300,971 + $188,843
$489,814
$6,791
2019$295,070 + $185,141
$480,211
$6,949
2018$289,285 + $181,511
$470,796
$6,425
2017$283,613 + $177,952
$461,565
$6,317
2016$278,052 + $174,463
$452,515
$6,015
2015$273,876 + $171,843
$445,719
$5,966
2014$268,512 + $168,477
$436,989
$5,941
2013$239,600 + $150,400
$390,000
$5,352
2012$262,058 + $164,428
$426,486
$5,900
2010$256,920 + $161,204
$418,124
$3,515
2009$123,992 + $111,592
$235,584
$3,393
2009$123,698 + $111,327
$235,025
$3,393
2008$121,561 + $109,404
$230,965
$3,226
2007$119,178 + $107,259
$226,437
$3,104

Price Changed 2024-04-30
$1,100,000
CRMLS
Listed 2024-04-02
$1,150,000
CRMLS
Sold 2010-01-15
$415,000
Public Record
Listing removed 2009-11-21
$445,000
CRMLS
Listed 2009-11-02
$445,000
CRMLS
Sold 1997-11-20
$145,000
Public Record
Sold 1988-08-12
$180,000
Public Record
Sold 1986-12-24
$147,500
Public Record
Sold 1984-06-29
$120,000
Public Record

Net Operating Income: 45300.00

Total Square Feet Living: 3818
Year Built: 1963
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 61
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Public Records

Electric Expense: 360.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2100.00
Water Source: Public

Philadelphia Elementary School is a public elementary school located approximately 0.4 miles away.
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Garey High School is a public high school located approximately 0.8 miles away.
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Simons Middle School is a public middle school located approximately 1 miles away.
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Oak Crest Academy is a private elementary and middle school located approximately 0.2 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.