505 East Columbia Avenue

Pomona, CA 91767

$969,900
Price
4
Beds
4
Baths
2,334 Sq. Ft.
$416 / Sq. Ft.
2,334
Sq. Ft.
$416
per Sq. Ft.

Description

4 Plex in Lincoln Park- 4 separate addresses- 505 and 507 E Columbia and 1140 and 1144 Eleanor- one APN. BRAND NEW ROOF on ENTIRE COMPLEX. Each unit is identical- 586 sqft equipped with living room, dining area, kitchen with gas range, wall heater, 1 bedroom, 1 bathroom and 1 car garage. Original wood floors, lathe and plaster walls, original doors, charming built in's, original windows, original color tiles in bathrooms and kitchen, wall units, and ample storage. These turnkey units are located...4 Plex in Lincoln Park- 4 separate addresses- 505 and 507 E Columbia and 1140 and 1144 Eleanor- one APN. BRAND NEW ROOF on ENTIRE COMPLEX. Each unit is identical- 586 sqft equipped with living room, dining area, kitchen with gas range, wall heater, 1 bedroom, 1 bathroom and 1 car garage. Original wood floors, lathe and plaster walls, original doors, charming built in's, original windows, original color tiles in bathrooms and kitchen, wall units, and ample storage. These turnkey units are located in the prestigious Lincoln Park Historic District. You will not find income property such mint condition! These units show pride of ownership and have kept the integrity of the 1930’s. Situationed on a prime corner of Lincoln Park on Eleanor and Columbia. Long time tenants in 2 of the units and 2 vacant unit. You can begin collecting rents immediately and begin fulfilling your dream of owning income properties. They will go fast!
  1. Listed by Megann Centeno • DRE #01947371 • Brokerage DRE #02117629 • OMEGA REAL ESTATE • 951-415-9044
  2. Listed by Mario Sotelo • DRE #02020083 • Brokerage DRE #02117629 • OMEGA REAL ESTATE

Property Details for 505 East Columbia Avenue

View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2334
LISTING UPDATED: 01/07/2025 07:48 AM

Property Details for 505 East Columbia Avenue

StatusActive
MLS #CV25001506
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.19 AC / 8,166 SF
CountyLos Angeles County

Building Information for 505 East Columbia Avenue

Stories1Residences-Year Built1939Building Size-Lot Size0.19 AC / 8,166 SF

Property Information for 505 East Columbia Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance
Income / Expense / Tax Details
Income Details
  • Gross Income: $79,800
  • Gross Scheduled Income: $79,800
  • Net Operating Income: $71,800
  • Current Financing: None
Expense Details
  • Operating Expense: $8,000
  • New Taxes Expense: $10,668
  • Gardener Expense: $3,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Trash Expense: $600
  • Water Sewer Expense: $2,400
  • Total Expenses: $8,000
Tax / Assessment Info
  • Tax Block: M
  • Tax Tract Number: 891
  • Tax Census Tract: 4026.02
  • CFD/Mello-Roos Fee: $886
  • Tax Lot: 22
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Park, Sidewalks, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Water Heater
  • Equipment: Inside
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Vinyl, Wood
Exterior Features
  • Door Features: Panel Doors
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Plaster, Stucco
  • Exterior Construction: Plaster, Stucco
  • Exterior: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Entry Location: street
  • Fence: Yes
  • Fencing: Block
  • Foundation Details: Raised
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard, Sprinkler System
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number Wall AC: 4

Property History for 505 East Columbia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 505 East Columbia Avenue

Taxable ValueLand$232,114Additions$359,779Total$591,893
Tax Record2024$7,925 ($660 / month)
Home Facts
Total Finished SqFt2,344 SqFtAbove Grade Finished SqFt2,344 SqFtLot Size8,164 SqFtStyleQuadraplexYear Built1939ZoningPOR106CountyLOS ANGELESAPN8338-028-022

Schools near 505 East Columbia Avenue

This home is within Pomona Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Kingsley Elementary School
PublicK to 5

Emerson Middle School
Public6 to 8

Pomona High School
Public9 to 12

Diamond Point Elementary School
PublicK to 6

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.

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505 East Columbia Avenue is a multi-family home for sale in Pomona, CA 91767. This property was listed for sale on January 6, 2025 by OMEGA REAL ESTATE, it's currently listed at $969,900. It has been on the market for a total of 3 days and was last sold on October 7, 2015. This listing's school district is Pomona Unified School District. Nearby schools include Kingsley Elementary School, Emerson Middle School and Pomona High School. 505 East Columbia Avenue is a 4-bed, 4-bath, 2,334 sqft multi-family home built in 1939.

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 OMEGA REAL ESTATE, Megann Centeno, DRE #01947371; OMEGA REAL ESTATE, Mario Sotelo, DRE #02020083

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.