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$ 988,000
Est. payment | /mo
$ 988,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR25263042
HOA Y/N No
Year Built 1964
Property Sub-Type Quadruplex
Property Description
Rare opportunity to own this well-maintained four-unit multifamily investment opportunity located in the City of Pomona. The property features an excellent and desirable unit mix consisting of one 3 bedroom / 1.5 bathroom unit, two 2 bedroom / 1.5 bathroom units, and one 1 bedroom / 1 bathroom unit. Each unit is separately metered for electricity and gas, while the landlord pays for water and trash service. Tenants enjoy on-site garage parking as well as a dedicated community laundry room, adding convenience and long-term appeal. The exterior of the building has been recently painted and renovated, providing strong curb appeal and reduced maintenance for the next owner.
The property is currently fully leased, generating $6,090 in total monthly rental income, with rents positioned below market and offering meaningful upside potential for investors. Utility configuration includes four electric meters, four gas meters, and one shared water meter. This stable, well-located asset presents an exceptional opportunity for buyers seeking a turnkey multifamily investment with solid cash flow and long-term growth potential in a high-demand rental market.
The property is currently fully leased, generating $6,090 in total monthly rental income, with rents positioned below market and offering meaningful upside potential for investors. Utility configuration includes four electric meters, four gas meters, and one shared water meter. This stable, well-located asset presents an exceptional opportunity for buyers seeking a turnkey multifamily investment with solid cash flow and long-term growth potential in a high-demand rental market.
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Flag Lot, Lawn, Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8331023037
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Ricky Lee Ricky&Jessie Realty 9093483956
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Jordan & Kayleigh Bennett
REALTORS®, BROKER-OWNERS | Lic# 01850869 | 01929023