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1051 E Pasadena Street, Pomona, California

$499,000Active

1051 E Pasadena Street, Pomona, California 91767
Robert Ip~Legacy Realty & Invest. Co. - MLS® ID: AR17111912

Property Details

1051 E Pasadena Street, Pomona, California 91767 - This three unit residential income property sits on a sizable lot. All the tenants are on month-to-month leases but have been living there for many years. Tax Assessor shows 1794 sf but the actual sf is higher (approximately 2800). Rents are currently $3000 per month on a monthly basis but will move up to $3200 in July 2017. All units have washer/dryer hook-ups. Plumbing was upgraded to PEX and copper last year. Unit composition is two 1/1, and one 3/1. The 3/1 is a non-conforming unit where the garages were converted to two extra bedrooms by a previous owner. Conveniently located to many retail amenities on Holt Ave. With the current in-place income and listed price, capitalization rate is over 6%.

Amenities

  • Zip91767
  • CountyLos Angeles
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typePOR3YY
  • Year built1955
  • HeatingWall Heater
  • ParkingAssigned
  • Office ID30475
  • Agent IDA38874
  • Agent nameRobert Ip
  • MLS® IDAR17111912

Broker: Robert Ip~Legacy Realty & Invest. Co.

Listing Courtesy of Robert Ip~Legacy Realty & Invest. Co.

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