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Key Details
Sold Price $1,440,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR22203202
Sold Date 12/30/22
HOA Y/N No
Year Built 1961
Lot Size 0.399 Acres
Property Sub-Type Mixed Use
Property Description
Bread and Butter 6 unit Apartment building located in central Pomona. The building consists of (6) two bed and one bath units. All units approximately 750 square feet and have a small side or rear yard. This single story building is located on a large 17,315 square foot R-4 zoned lot which provides the Buyer with an opportunity to develop additional units or redevelop the property in the future. There is also adequate parking on site. Current rents are well below market which provides and astute investor the opportunity to raise rents to achieve a high rate of return. All units are separately metered for gas and electric and the water is billed back to the tenants bi-monthly. All tenants are long term tenants and have paid through covid and pay on time. Drive by only, interior inspection with accepted offer only.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POR4*
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Carport Spaces 3
Pool None
Community Features Suburban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Total Parking Spaces 12
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8327004017
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Vic Arutyunyan Sync Brokerage Inc.
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891