2 years on rocket

1367 S Towne Ave, Pomona, CA, 91766

$3,098,000

1.69 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #TR22015327
Lot Size1.69 Acres
StatusActive

About 1367 S Towne Ave

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
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Housing Market Comparison

See how this home compares to others in Pomona, CA.

Med. Sold Price

$640.6K

Med. Price/SqFt

$456

Avg. Days On Market

25

# of Sold Homes

48

1367 S Towne Ave vs Pomona

828 DAYS ON ROCKET

+803 Days

$3,098,000

+$2.4M More

KEY TAKEAWAY

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

IDX 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

Jun 23, 2006Home Sold
$810,000
Aug 02, 2005Home Sold
$810,000
Aug 30, 2000Home Sold
$155,000
May 24, 1991Home Sold
$113,000

Tax History

YEARPROP. TAXASSESSMENT
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

$15.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,354

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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

school-card-donut-5159376
3
/10
  • Alcott Elementary School

  • 1600 S Towne Ave

  • 0.26 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5159377
4
/10
  • Simons Middle School

  • 900 E Franklin Ave

  • 0.45 miles

  • Public District Grades 6-8

High School

school-card-donut-5159378
3
/10
  • Garey High School

  • 321 W Lexington Ave

  • 0.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 3/10
Simons Middle School: GreatSchools Rating 4/10
Garey 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).

How much acreage is this property?

The property 1367 S Towne Ave is 1.69 acres.
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Rocket HomesCaliforniaLos Angeles CountyPomona917661367 S Towne Ave

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.

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