217 East 7th Street

Pomona, CA 91766

$1,480,000
Last Sold Price
Beds
Baths
5,376 Sq. Ft.
$275 / Sq. Ft.
5,376
Sq. Ft.
$275
per Sq. Ft.

Description

217 E 7th St is located in Los Angeles County CA in between the San Gabriel Valley and the Inland Empire, and less than a four-minute walk away from its Downtown Area. The property contains (4) individual duplex structures and private gated yards, sitting on a 0.36-acre lot, totaling eight well-maintained units. All the buildings are individually metered for gas and electricity. The unit mix consists of (8) 1 Bed 1 Bath units with an approximated measurement of 672 sq. ft per unit (buyer to verify)....217 E 7th St is located in Los Angeles County CA in between the San Gabriel Valley and the Inland Empire, and less than a four-minute walk away from its Downtown Area. The property contains (4) individual duplex structures and private gated yards, sitting on a 0.36-acre lot, totaling eight well-maintained units. All the buildings are individually metered for gas and electricity. The unit mix consists of (8) 1 Bed 1 Bath units with an approximated measurement of 672 sq. ft per unit (buyer to verify). Each of the units has laundry hookups, providing the tenants with the option to provide their own washer and dryer. The yards are gated, with an empty lot of about 4,100 sq. ft (buyer to verify) with the potential to build an ADU or another duplex (buyer to conduct their own due diligence and familiarize themselves with local laws.) The investment appeal of this asset is driven by Pomona's location and low tenancy levels and the close proximity to Downtown Pomona, Western University of Health Sciences, and Cal Poly Pomona.

Listing Agents

  1. Ray Rodriguez

    Ray Rodriguez

    Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

  2. Tony Zizzo

    Tony Zizzo

    Alternative Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: (408)-772-8661

Property Details for 217 East 7th Street

City
POMONA
Building Type
Other
Property Sub Type
Other
Total # Parking Spaces
0
LISTING UPDATED: 11/02/2024 03:00 AM

Property Details for 217 East 7th Street

StatusSold
MLS #ML81968309
Days on Market150
Taxes$17,792 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Other
Year Built1925
Lot Size0.36 AC / 15,584 SF
CountyLos Angeles County

Building Information for 217 East 7th Street

Stories-Residences8Year Built1925Building Size-Lot Size0.36 AC / 15,584 SF

Property Information for 217 East 7th Street

Features
Feature Details
  • Disability Features: Other
Utility Details
  • Cooling: Other
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Private
Lot / Property Details
Home Owners Association
  • HOA: No
Property Details
  • Lot Sq Ft Apx: 15584
  • Lot Size Square Feet: 15584.0
  • Roof: Other
  • Sq Ft Apx: 5376
  • Year Built: 1925
  • Zoning: POR3
Location Details
  • FIPS Code: 06037
  • Parcel Number: 8335-025-011
  • Board ID: Datashare MLSListings
  • Street Direction: E
Multi Family Information
General Details
  • Units Total: 8
  • Tenant Pays: Electric, Gas
Income / Expense Details
  • Operating Expenses: Insurance, Maintenance/Repair, Trash Removal, Water
Multi Family 5+ Information
Unit 1
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 Approx SqFt: 672
  • Unit # 1 Rent: 1400
Building Details
  • Apx Lot Acres: 0
Income / Expense Details
  • Annual Gross Sched Income: $144,000
  • Annual Taxes: $17,792
  • Annual Util Expense: $2,748
  • Gross Rent Multiplier: 10.42
  • Net Operating Income: $101,882
Other Financial Information
  • Cap Rate: 6.79
Additional Information
Additional Information
  • Fireplace: No

Property History for 217 East 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 217 East 7th Street

Taxable ValueLand$455,130Additions$887,855Total$1,342,985
Tax Record2024$18,047 ($1,504 / month)
Home Facts
Total Finished SqFt5,376 SqFtAbove Grade Finished SqFt5,376 SqFtLot Size15,579 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningPOR3*CountyLOS ANGELESAPN8335-025-011

Schools near 217 East 7th Street

This home is within Pomona Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 6

Simons Middle School
Public6 to 8

Garey High School
Public9 to 12

School Of Arts And Enterprise
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.