We are pleased to offer for sale this 6 unit investment property located in the highly sought after rental community of the city of Pomona. The subject property is comprised all single story units with a unit mix of 3(1Bed/1Bath) units and 3(Studio) units. All tenants pay for their own electricity and gas usage while the owner pays for water and trash. Most units have been upgraded with copper plumbing as well as updated electrical with circuit breakers. The rental rates in place are well below market as the current tenants have lived onsite for a number of years. A new investor can take advantage of repositioning the rental rates which would yield a potential 8+% cash return. Tenants enjoy onsite parking and gated privacy.
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1324 W 2nd Street, Pomona, CA 91766 is a property for sale.
This Pomona, CA Multi-Family home
has a lot size of 6,418 Sq. Ft. and
has been on ZipRealty.com for 16 days.
1324 W 2nd Street
was built in 1928 and
is currently listed for $599,000.
The 1324 W 2nd Street Pomona, CA 91766 listing is provided courtesy of RE/MAX 2000.
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Local real estate services provided by:
Coldwell Banker Residential Brokerage
5161 California Ave, Ste 250
Irvine, CA 92617
Website provided and owned by Coldwell Banker Residential Brokerage.
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Data last updated: Tuesday, January 17, 2017 at 10:29 PM. Properties in listings may have been sold or may no longer be available.