Diamond Bar Real Estate: January 2009

Friday, January 30, 2009

Diamond Bar Two Level House For Sale $619,900

Bed:	4
Bath(F,T,H,Q):	3

Sqft: 2,814
Lot SF: 9,707
YrBuilt: 1979

Description: Upscale area with good schools and community services. Spacious 4 bedroom 3 bath home with over 2800 sq. ft. Large living room with vaulted ceilings. Family room with fireplace. Open kitchen with nook plus home has separate dining room. Convenient with 1 bedroom and 1 bath downstairs. Great brick trim driveway and hardscape. Backyard has covered patio great for entertaining. Sold 'As Is'. All information believed to be correct. Please verify for your clients.

Wednesday, January 28, 2009

Diamond Bar Short Sale Pool Home with City Lights and Mountain View $628,000

Bed: 4
Bath(F,T,H,Q): 2,1
Sqft: 2,798
Lot SF: 8,633
YrBuilt: 1979
Stories: Two Level

Description: Nice Diamond Ridge Home. bonus room. city light and Mountain view. pool & spa. large lot. RV parking. Remodeled kitchen with granite counter tops and updated appliances. Tile roof. High Vaulted ceiling. wet bar. Family room with fireplace. The prperty is in the process of cleaning. Walnut unified school District. Be courteous to home owner. Must call first.

Roof: Tile
Pool: In Ground
Heat: Forced Air
Eat Area: In Kitchen
FirePlace: Family Room
Lot/Com Alley Access, Sewer
View: City Lights, Mountain
Parking: Direct Garage Access
Rooms: Bonus, Family Room, Walk-In Closet
Appliances: Dishwasher, Garbage Disposal
Floor: Hardwood

Wednesday, January 21, 2009

Diamond Bar Two Level House For Sale $629,500

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,235
Lot SF: 10,270
YrBuilt: 1978
Stories: Two Level

Description: Rare find Model perfect SFR. Owner spent $100,000+ for upgrades & Custom Touch thru out this “Executive Beauty”. Such as: double Crown Molding thru out house, tile flooring in entry, kitchen, downstairs bedrooms, bathroom & laundry room. Upgraded recess lighting in kitchen, family room & master bedroom. New matching chandeliers in entry, dining room & master bedroom. Custom bay window w/seat & storage at Living room. In kitchen - new Granite counter tops, deep Chef Kohler kitchen sink w/ restaurant grade garbage disposal. State of art Stainless steel kitchen appliances - such as Kitchen Aid double drawer dish washer, 5 burner high BTU thermador gas stove … etc. Double door pantry with pull out drawers. Extra storage closet with selves behind the wet bar. Entertainers backyard w/ build in bar, heated SPA in a professional landscaped yard w/palm trees, roses and various flowers. Seeing is believing. Please come and see

Tuesday, January 20, 2009

Diamond Bar House with Walnut School District $719,000

Bed:	4
Bath(F,T,H,Q):	2,0,1

Sqft: 2,494
Lot SF: 10,249
YrBuilt: 1986

Description: Original owners-well maintained. Quiet-nice Cul-de-sac. Vaulted ceilings in Living Room & Master Bedroom--with walk in closets. Tile floor in Master Bath. Pergo Floors, and Tile Entry. Bench on Living Window--great to lay down or sit down and read a book. Large Kitchen with Nook, Ceiling fans in 3-bedrms. Wired for cable or dish. Sprinklers. Direct access to 3 car-Garage. Nice Large lot with beautiful palm trees. D.B. with Walnut School District.

Monday, January 19, 2009

Diamond Bar Two Level Bank Owned Property $419,900

Bed:	6
Bath(F,T,H,Q):	2,0,1

Sqft: 2,100
Lot SF: 7,560
YrBuilt: 1963

Description: Bank owned property not a short sale. two story home in South Diamond Bar. Living room, and Dining room. Hardwood floors,Fireplace and 2 car garage and huge driveway for additional parking. Serene canyon view. Cul-de-sac. Walnut Unified School District. Assessors data shows 6 bedrooms and 2 baths. needs little TLC . The property will be SOLD on an "AS IS" basis. Seller is unaware of the condition of the property or the presence of any hazardous substances on the property.

Monday, January 12, 2009

Diamond Bar Value House with Walking Distance to Park $460,000

Bed: 4
Bath(F,T,H,Q): 2
Sqft: 1,784
Lot SF: 10,385
YrBuilt: 1985

Description: Beautiful Home with upgrade. MUST SEE. Quiet neighborhood. Near Elementary,Middle,High and College. You can walk to the park.

Wednesday, January 07, 2009

Diamond Bar Bank Owned Property $269,000

Bed: 3
Bath(F,T,H,Q): 2
Sqft: 1,258
Lot SF: 6,540
YrBuilt: 1964

Description: Reduced $30,000 on 1/6/09!!! Single story home in desirable city of Diamond Bar. Needs some tlc. Fireplace in family room. Nice size eating area.

Diamond Bar Corporate Owned Property $545,000

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 1,783
Lot SF: 7,904
YrBuilt: 1988
Stories: Two Level

Description: CORPORATE OWNED PROPERTY...This Gorgeous home is Ready to move in with Brand New Paint, New Carpet, New Appliances including refrigerator, Cathedral Ceiling, formal Dining area and a lot more. This home is located in a desirable area of Diamond Bar. Big Lot, 3 Car Garage. Sprinkler System (front and back) Walk in Closet in Master Bedroom. One Bedroom downstairs. Fireplace in Familyroom and Livingroom. Formal Dining Area. Patio. DONT WAIT!!! Will give you a quick response on your offer.

Tuesday, January 06, 2009

Diamond Bar Single House For Sale $328,000

Bed: 3
Bath(F,T,H,Q): 2
Sqft: 1,631
Lot SF: 9,311
YrBuilt: 1964
Stories: One Level

Description: CLEAN 3 BEDROOM 2 BATH SINGLE STORY HOME. GREAT NEIGHBORHOOD.

Monday, January 05, 2009

Diamond Bar Pool Home with Great Mountain and City Lights Views $425,000

Bed: 4
Bath(F,T,H,Q): 2
Sqft: 1,435
Lot SF: 6,633
YrBuilt: 1969

Description: Tired of REO & short sale property but want to purchase a home at those prices? Now is your chance to have the American Dream including the white picket fence! This one has it all...newer pool w/waterfall & spa, great view of snow capped mountains & city lights. Sit by the fire pit outside on the cool winter nights. Block wall. House has been repiped w/copper piping. Fireplace in LR. Some new windows. Fresh paint in some rooms. No need to worry about carrying your groceries into the house in the rain as this house has direct garage access. RV prkg. One bedroom has been converted into a mstr retreat. Owner will put back if buyer wants.

Diamond Bar Two Level House For Sale $679,000

Bed: 4
Bath(F,T,H,Q): 3
Sqft: 2,405
Lot SF: 16,199
YrBuilt: 1988
Stories: Two Level
SchDist: Walnut School

Description: Beautiful home located in the cul-de-sac with huge backyard and RV parking. close to pantera park. nice floor plan with huge living room and master bedroom. individual Formal dining room. family room with fireplace. big yard has lots of potential to build swimming pool, guest home, or sport court.

Friday, January 02, 2009

Diamond Bar House with Mountain Views $609,000

Bed: 4
Bath(F,T,H,Q): 2,0,1
Sqft: 2,364
Lot SF: 9,000
YrBuilt: 1985

Description: LOVELY, MOVE-IN CONDITION HOME WITH A NICE FLOOR PLAN. APPROX. 2,364 SQUARE FEET OF SPACIOUS LIVING SPACE WITH 4 BEDROOMS & 2.5 BATHROOMS. DOUBLE DOOR ENTRY WITH CERAMIC TILE. HIGH CEILINGS. WET BAR. LARGE KITCHEN WITH A BREAKFAST BAR & NOOK AREA. FAMILY ROOM WITH A BRICK FIREPLACE. FORMAL LIVING & DINING ROOM. LAUNDRY ROOM. HUGE MASTER SUITE WITH A WALK-IN CLOSET. MASTER BATHROOM WITH DUAL SINKS & A BIG OVAL BATH TUB. TWO-ST0RY HOME. HUGE BACKYARD WITH BLOCKWALL FENCING. LARGE CEMENT PATIO AREA WITH SOME BRICKWORK. ATTACHED 2 CAR GARAGE WITH DIRECT ACCESS & A METAL GARAGE DOOR. SUPER CURB APPEAL WITH SOME BRICKWORK. TILE ROOF. LOVELY VIEW OF THE MOUNTAINS. GREAT LOCATION CLOSE TO 60 FREEWAY. PLUS MUCH MORE!

Diamond Bar City

Diamond Bar City History

Diamond Bar as with many Southern California communities, Diamond Bar's recorded history began with a Mexican land grant. On March 30, 1840, Governor Juan Alvarado deeded 4,340 acres, which included Brea Canyon and the eastern Walnut Valley, to Jose de la Luz Linares, who founded Rancho Los Nogales, or Ranch of the Walnut Trees. Linares died in 1847, and his widow sold a choice portion of the ranch to Ricardo Vejar for $100 in merchandise, 100 calves, and the assumption of her late husband's debts. Vejar already owned the Rancho San Jose to the east (now Pomona), and by acquiring the rest of Rancho Los Nogales over the next ten years, became the fifth wealthiest landowner in Los Angeles County, with over 10,000 acres.

A community icon...The Windmill can still be seen at the Diamond Bar Towne Center)

Unfortunately, Vejar's luck did not last. When the United States government took over California and resurveyed the old land grants, he ended up with only 464 acres. Then the great drought of the 1860's forced most of the area ranchers to borrow money to feed their cattle. Vejar had been trading with two Los Angeles merchants, Isaac Schlesinger and Hyman Tischler, and they loaned him $600 for supplies at an interest rate of eight percent per month. When the note, with compounded interest, was finally called in for over $28,000, Vejar couldn't pay, and his property passed to Schlesinger and Tischler in 1864.

The Rancho Los Nogales did not prosper under its new owners, and they were surrounded by hostile neighbors who remained loyal to Vejar. In 1866, they sold the ranch to Louis Phillips for $30,000, bringing his holdings to over 12,000 acres. Phillips sold a portion of the ranch to WiIliam Rubettom, who opened up a tavern and overland stage station for the Butterfield route near where the Orange Freeway (57) now crosses Pomona Boulevard. He called the community "Spadra," after his hometown in Arkansas, and this became the first named settlement in the Diamond Bar area.

In 1873, the Rancho Los Nogales was sold again, this time to Wilson Beach and George Butler. After that, the property became quite fragmented as parcels were sold off to many different owners. But in 1918, Frederich E. Lewis bought up most of the original Rancho Los Nogales again, and he registered the Brand of Diamond Bar with the California Department of Agriculture. Lewis sold the Diamond Bar Ranch to the Bartholome family in 1943, and they continued to raise cattle on it for the next thirteen years.

An aerial view of Diamond Bar in the 1970's ...

In 1956, the Diamond Bar Ranch looked much as it did in 1840, with its golden hills peppered by green stands of oak and walnut trees, and grazed by large herds of cattle. The changes of the previous century were nothing, however, compared to the plans that the Transamerica Corporation had for Diamond Bar. In that year, they paid $10,000,000 for 8,000 acres of Brea Canyon, and they master-planned a community that would eventually become home to some 50,000 people. The first model homes were built at the north end of town in 1960, and a development "boom" had begun that continues today.

Today's Diamond Bar is a young, upscale residential community of about 60,000, situated among the meandering hills and valleys of Brea Canyon. Located at the junction of the Orange (57) and Pomona (60) freeways, Diamond Bar is central to all of the Los Angeles basin. A twenty-five mile radius encompasses Pasadena, downtown Los Angeles, Long Beach, Irvine and Riverside. Inside that radius, can be found such attractions as Disneyland and Knott's Berry Farm, Anaheim and Dodger Stadiums, the theaters of Los Angeles' Civic Center, the Rose Bowl and the Coliseum, the Santa Anita and Los Alamitos race tracks, the Mt. Baldy ski slopes and all of the Orange County beaches. The Ontario International Airport is only twenty-five minutes away, giving Diamond Bar residents an attractive alternative to Los Angeles International Airport. A two-hour drive lands you beside the waters of Lake Arrowhead, or in the snowy mountains of Big Bear. Whether you prefer the hills and canyons in the city, the nearby mountains, the sun on the surf, or the desert, Diamond Bar places you at the center of the active Southern California life-style.

All desired services can be conveniently found in Diamond Bar's shopping and business centers. The Diamond Bar Golf Course has 18 beautiful and challenging holes, and the Los Angeles Royal Vista Golf Course is just down the road. Diamond Bar's parks offer residents more than 80 acres of recreational facilities. Mt. San Antonio College and California Polytechnic University, Pomona are located at the north edge of town, while California State University, Fullerton is just ten minutes to the south.

Diamond Bar, CA

Top 100 rank: N/A^C
Population: 59,700

Financial
	City stats	Best places avg.
Median family income (per year)	$84,173	$90,316
Family purchasing power (annual, cost-of-living adjusted)	$69,051	$82,867
Sales tax	8.30%	6.74%
State income tax rate (highest bracket)	9.30%^I	6.38%
State income tax rate (lowest bracket)	1.00%^I	2.74%
Auto insurance premiums (Average for the state)	$2,076	$2,121
Job growth % (2000-2006)	9.57%	13.41%
Housing
	City stats	Best places average
Median home price	$583,825	$359,352
Average property taxes (2006)	$3,730	$3,585


Education
	City stats	Best places average
Colleges, universities and professional schools (within 30 miles)	49	29
Junior colleges and technical institutes (within 30 miles)	55	18
Test scores reading (% above/below state average)	66.7%	20.1%
Test scores math (% above/below average)	52.0%	24.8%
% students attending public/private schools (located within town limits)	97.0/3.0	91.1/8.9
Quality of life
	City stats	Best places average
Air quality index* (% of days AQI ranked as good)	32.1%	77.3%
Personal crime incidents (per 1,000)	2	13
Property crime incidents (per 1,000)	15	206
Median commute time (in minutes)	30.7	23.1
% population with commute 45 mins. or longer	31.9%	15.6%
% population walk or bike to work	0.8%	2.7%

Health*
	City stats	Best places average
Has health plan (% of residents)	83.2%	90.5%
Body mass index (avg. for residents)	27	27
Diabetes rates (% of residents diagnosed)	7.3%	9.3%
Hypertension rates (% of residents diagnosed)	28.4%	30.6%
Elder-care facilities^**	263	107
Meet the neighbors
	City stats	Best places average
Median age	37.0	36.8
Completed at least some college (% of residents)	72.9%	72.4%
Married	58.6%	60.8%
Divorced	6.7%	8.0%
Racial diversity index (100 is national average; higher numbers indicate greater diversity)	428.6	59.2
Amount spent on vacations (domestic and foreign, household avg. per year)	$9,056	$8,250

*County data
**Elder-care services refer to skilled nursing and assisted living facilities. Data from Total Living Choices.
(C) Cities with populations greater than 50,000 were not eligible for this year's Best Places to Live list.

(I) Income tax notes:
17 states have statutory provision for automatic adjustment of tax brackets, personal exemption or standard deductions to the rate of inflation. Massachusetts, Michigan, Nebraska and Ohio indexes the personal exemption amounts only.
For joint returns, the taxes are twice the tax imposed on half the income.
Tax credits.
An additional 1% tax is imposed on taxable income over $1 million

Estimated median household income in 2005: $78,800 (it was $68,871 in 2000)

Diamond Bar	$78,800
California:	$53,629

Estimated median house/condo value in 2005: $564,100 (it was $245,800 in 2000)

Diamond Bar	$564,100
California:	$477,700

Diamond Bar Real Estate