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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$798,000

Est. payment - /mo

4 Beds

3 Baths

5,822 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26172659

Bedrooms 4

Lot Size 5,822 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Recently renovated, low-maintenance triplex offering stabilized income and substantial rental upside in Pomona. Situated on an approximately 5,796-square-foot fenced lot, this 2,016-square-foot multifamily property generates over $60,000 in gross annual income from stable long-term tenants. The current cap rate is approximately 6%, with a projected pro forma cap rate exceeding 7% and more than 20% potential rental upside. All three units have been updated with newer faux-wood flooring, updated windows, bright open floor plans, spacious living areas, modern bathrooms, and refreshed kitchens featuring shaker-style cabinetry, solid-surface countertops, stainless-steel sinks, and newer ranges. Additional interior highlights include generously sized bedrooms, dedicated closets, mini-split heating and air conditioning, distinctive spiral staircases, and vaulted bedroom ceilings. Each unit is separately metered for electricity and gas and has its own independent water heater, helping simplify utility management. Recent property improvements completed within the last three years include a newer roof, newer windows, newer water heaters, and newer exterior wood siding. The property also features gated grounds, a small lawn, an outdoor storage shed, four-car covered carport parking, additional open parking, and a laundry room offering potential supplemental income. The spacious lot may provide future ADU potential; buyer to independently verify feasibility, zoning, permits, and development requirements with the City of Pomona. Conveniently located near Western University of Health Sci

Location

State CA

County Los Angeles

Zoning Assessor

Direction On S Park Ave, between Cross Street of W 11th St & W 12th St

Interior

Cooling Heat Pump(s)

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 8341022039

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Stephen Eng, DRE#01946974 Universal Elite Realty

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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1133 S Park Avenue Pomona, CA 91766

Patricia Beattie

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information