Description
Excellent four-unit residential income property in Pomona with strong current rental income. The property is currently generating approximately $7,730 in total monthly rental income, or approximately $92,760 annually, providing four separate income streams. The two-story quadruplex offers approximately 3,500 square feet of total building area on a generous 7,591 square foot lot. All four units have been progressively updated and remodeled within the past five years, including newer flooring and kitchen cabinetry. The building's roof was replaced within the past five years, and the entire exterior of the building was also repainted within the past five years. These recent improvements provide added value and reduce near-term capital improvement concerns. Each unit is assigned one covered parking space and one additional uncovered parking space, providing two parking spaces per unit. The property also features a convenient on-site laundry facility with coin-operated washers and dryers under a third-party laundry service arrangement. This well-maintained quadruplex offers strong existing rental income, four separate income streams, ample parking, and potential for future income growth. Conveniently located near shopping, restaurants, schools, transportation, and major freeways. Buyer to independently verify all property information, including square footage, unit configuration, permits, zoning, rental information, and other property details. The property is fully tenant occupied; interior showings are available only after acceptance of an offer and by appointment with advance notice to coordinate with all tenants.
Details
| MLS # | WS26207298 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1981 |
| Days On Site | 36 |
| Listing Provided By | Pacific Sterling Realty/San Gabriel | HANG TAO |
Features
| SQ Feet | 3,500 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | por4 |
| Acreage | 0.17 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Water Heater, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Street Lights, Sidewalks, Urban |
|---|
Taxes
| Property | 12425 |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pomona |
| Zip Code | 91767 |
| Area | 687 Pomona |
| Listing VS Median (in 91767) | |
Price: $1,120,000 low | high Med: $675,000 sqft: 3,500 low | high Med: 1,721 $ / sqft: $320 low | high Med: $395 On site: 36 low | high Med: 143 | |
Market Activity 91767
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Pomona |
| Zip Code | 91767 |
| Area | 687 Pomona |
| Listing VS Median (in 91767) | |
Price: $1,120,000 low | high Med: $675,000 sqft: 3,500 low | high Med: 1,721 $ / sqft: $320 low | high Med: $395 On site: 36 low | high Med: 143 | |
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