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$ 1,120,000
Est. payment | /mo
8 Beds
4 Baths
7,591 Sqft Lot
$ 1,120,000
Est. payment | /mo
8 Beds
4 Baths
7,591 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26207298
Bedrooms 8
Lot Size 7,591 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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 buildings 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 n
Location
State CA
County Los Angeles
Zoning Assessor
Direction On E Pearl St, just east of N Palomares St
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8337013023
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by HANG TAO, DRE#02052821 Pacific Sterling Realty/San Gabriel
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