$988,000
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.
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Listed by Ricky Lee with Ricky&Jessie Realty (714) 900-2472
Property Type
Quadruplex
Status
Active
MLS Number
TR25263042
Year Built
1964
Lot Size
7,192 sq ft