tomo logo

$850,000

Beds
4
Baths
2.5
sq ft
1,700

1089 E Columbia Ave, Pomona, CA 91767

1089 E Columbia Ave

Pomona, CA 91767

  • 10 days on market
Ready to OWN your home, & EARN ADU rental income in a nice area of Pomona, CA? Great, as we offer to you 1089 E. Columbia Ave that offers both a spacious living area, and potential rental income. The primary house is a 3 bedroom, 1.5 bathroom, and the ADU is a 1 bedroom, and 1 bathroom with it's own address [1091]. The entire house has SOLAR, primary has NEW central air conditioning, in which, the walls were also insulated throughout the house. New plumbing has been installed, as well as a brand new water softening system with water purification. Roof was updated, and the backyard recently had grass installed with a new sprinkrler system. Front yard was recently landscaed, and had mulch put in the planters. EV charging station included providing extra convience. The ADU was formerly the garage, so there was a small shed installed in the backyard for storage space. The ADU was recently built fully permitted, and is about 400 sqft, with 1 separated bedroom, kitchen, tile flooring, and a new private restroom. This property is a great opportunity for Multi-generational families looking to purchase, and live together all on the same lot, or for Investors looking to generate rental income.

Details

Property type

Single Family Residence

Est. home value

$676,814

Lot size

6,435 sq ft

Price per sq ft

$500

Year built

1955

Price History

06/27/2024
CRMLS

CRMLS #DW24131267

Listed
$850,000
+47.06%
01/07/2022
CRMLS

CRMLS #TR21227773

Sold
$578,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Pomona

Community features: 

Street Lights, Suburban

High school district: 

Pomona Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$261,754
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$520,246
Cash to seller
$261,754

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

January 2022

Original loan amount

$549,100

Est. remaining balance

$520,246

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Donald Padilla and Patricia Cardenas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 4:10 PM

Listing updated: 07/03/2024 at 6:03 PM

Listed by: Natasha Gonzales, SunWest Investments Phone #: (562) 250-0350

MLS: CRMLS #DW24131267

CRMLS logo

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