Rare to find great investment opportunity, price including 1347, 1353, 1367 S. Towne Ave., Pomona. three single family houses at total of 73801 sq. ft. lots (APN# 8333-024-002, 003, 004) in which 1347 Towne Ave with 2 bedrooms, one bath; 1353 S. Towne Ave. with 3 bedrooms, 2 baths; 1367 S Towne Ave. with 2 bedrooms, one bath, all with large lot, nice location, close to park and schools. Seller previously applied for an expired Tentative Map for 24 units. Enjoy the total monthly income of approximately of $5,100 while you are waiting for the development and permit. Please verify with city for the zoning and usage. All three units are single family house, tenant pay utility, operation income and expense is pro forma.
Property Details
Property Features
Listing Office:
Office Name: Walton Realty Inc.
Office Phone: (909) 576-6888
Listing Agent: Chris Wen
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot: Paved
Lot Size: 1.69 Acres
School Info
Assigned Schools Information:
Garey High School, Public District Grades 9-12
Simons Middle School, Public District Grades 6-8
Alcott Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: From Grand Ave. turn south on Towne Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $3,098,000
Tax Information:
Annual Amount: $6,977
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Pomona, CA.
This property is $2.4M more than the Median Sold Price in Pomona, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #TR22015327
Listing Office:
Office Name: Walton Realty Inc.
Office Phone: (909) 576-6888
Listing Agent: Chris Wen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 23, 2006
Jun 23, 2006Home Sold
$810,000
Aug 02, 2005
Aug 02, 2005Home Sold
$810,000
Aug 30, 2000
Aug 30, 2000Home Sold
$155,000
May 24, 1991
May 24, 1991Home Sold
$113,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,977
$533,900
2020
$7,332
$533,900
2019
$6,215
$533,900
2018
$5,358
$483,000
2017
$5,358
$415,700
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.5K
Per Month
Principal & Interest
$15.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,354
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Alcott Elementary School
1600 S Towne Ave
Distance between this listing and this school0.26 miles
Public District Grades KG-6
Middle School
4
/10
Simons Middle School
900 E Franklin Ave
Distance between this listing and this school0.45 miles
Public District Grades 6-8
High School
3
/10
Garey High School
321 W Lexington Ave
Distance between this listing and this school0.87 miles
Public District Grades 9-12
Assigned Schools
3
/10
Alcott Elementary School
1600 S Towne Ave
Distance between this listing and this school0.26 miles
Public District Grades KG-6
Nearby Schools
4
/10
Washington Elementary School
975 E 9th St
Distance between this listing and this school0.44 miles
Public District Grades KG-5
4
/10
Madison Elementary School
351 W Phillips Blvd
Distance between this listing and this school0.64 miles
Public District Grades KG-6
Assigned Schools
4
/10
Simons Middle School
900 E Franklin Ave
Distance between this listing and this school0.45 miles
Public District Grades 6-8
Nearby Schools
5
/10
Lexington Elementary School
550 W Lexington Ave
Distance between this listing and this school1.03 miles
Public District Grades KG-8
4
/10
Vejar Elementary School
950 W Grand Ave
Distance between this listing and this school1.04 miles
Public District Grades KG-8
Assigned Schools
3
/10
Garey High School
321 W Lexington Ave
Distance between this listing and this school0.87 miles
Public District Grades 9-12
Nearby Schools
3
/10
Fremont Academy of Engineering and Design
725 W Franklin Ave
Distance between this listing and this school0.96 miles
Public District Grades 7-12
5
/10
School of Arts and Enterprise
295 N Garey Ave
Distance between this listing and this school1.06 miles
The neighbors living near this home have an average income of $48,261. Most Pomona, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1367 S Towne Ave
What is the listing price of this property?
The listing price of 1367 S Towne Ave property is $3,098,000.
What type of property is this?
The property 1367 S Towne Ave is land located in Pomona, California, 91766.
Is this property for sale now?
Active Listing: 1367 S Towne Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1367 S Towne Ave are: Alcott Elementary School: GreatSchools Rating 3/10Simons Middle School: GreatSchools Rating 4/10Garey High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $6,977 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 23, 2006 for $810,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1367 S Towne Ave in Pomona, CA and zip code 91766. This home sits on a 1.69 acre lot. It has been listed on Rocket Homes since January 26, 2022 and is currently priced at $3,098,000.
Pomona, CA housing market in April 2024 saw over 17 listings sold above listed price, more than 12 sold at listed price and over 19 sold below. The number of homes for sale in Pomona, CA decreased by 1.1% between March 2024 and April 2024. In April 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $640,600.
From Rocket Homes Real Estate and based on county public records data.