Wonderful Investment Opportunity with Main House and Four Plex with off street parking. Possibly opportunity to convert garage to additional 6th unit.
Front house is single-story residence with 2 Bedroom, 1-Bath with 1,040 SF (Approx) of living space and detached two car garage with plenty of parking. Front house features a charming front porch, spacious living room, bright kitchen with updated cabinetry and granite counters, stainless appliances, dining area, and inside laundry room with washer and dryer. Enjoy the well-maintained yard and outdoor area, perfect for relaxation or entertainment.
Additionally, the 2-story, 4-unit apartment building features four - 2 bedrooms and 1 bath units with 900 SF (Approx)per unit. Each unit consists of a spacious living room, open kitchen, two bedrooms, and updated hallway bathroom with shower. Complete with a covered carport, storage, and onsite laundry room, this property provides excellent rental potential. The units feature practical layouts and access to shared outdoor space, making it a solid addition to any portfolio. Investment Highlights: Great value-added investment with significant upside potential. Opportunities include ADU conversion of the two-car garage, added coin-operated laundry, and rent from an additional storage and parking. Close to shopping, schools, local parks, and freeway access.
Home Style:
Traditional
Property Sub Type:
Apartment
Property Attached:
No
Lot Area:
11,315 sq. ft.1,051 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1940
(Age: 85)
General Listing Location:
Pomona, 687 - Pomona
County Or Parish:
Los Angeles
Tenant Pays:
Cable TV, Electricity, Gas, Telephone
Common Interest:
Community Apartment
Gross Income:
$0
Gross Scheduled Income:
$135,600
Net Operating Income:
$88,140
Rent Control:
Yes
Total Actual Rent:
$550
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$0
Operating Expense:
$47,460
Professional Management Expense:
$0
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
8,9
S/Orange Grove W/White
Floor
Type
Size
Other
-
Kitchen
Measurements not available
-
-
Primary Bedroom
Measurements not available
Main Level Primary
-
Laundry
Measurements not available
-
-
Bedroom
Measurements not available
Bedroom on Main Level
-
Entry/Foyer
Measurements not available
-
-
Living Room
Measurements not available
-
View:
Neighborhood
Inclusions:
Washer, Dryer and Refrigerator on SFR
Appliances:
Electric Range, Disposal, Gas Range
Number of Buildings:
2
# of Electric Meters:
6
# of Gas Meters:
5
# of Water Meters:
1
# Units Leased:
1
Community Features:
Street Lights, Suburban
Senior Community:
No
Interior Features:
Unfurnished, Bedroom on Main Level, Main Level Primary