UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26195067
HOA Y/N No
Year Built 1958
Lot Size 6,608 Sqft
Property Sub-Type Quadruplex
Property Description
Rare opportunity to acquire a four-unit multifamily property in Pomona, California, being offered for sale for the first time. The property features four income-producing units currently generating $1,850 per unit, or $7,400 per month in scheduled rental income. The property has benefited from numerous recent improvements, including updated interiors, electrical infrastructure, windows, doors, and other capital improvements.
PROPERTY HIGHLIGHTS
• Four-unit multifamily investment property
• Current rents: $1,850 per unit
• Current gross rental income: $7,400/month
• Current annual gross rental income: $88,800
• All units freshly painted and professionally cleaned
• Brand-new blinds throughout
• Refrigerators provided in all units
• New toilets installed in most units
• New vanities in Units 745, 749 & 751
• Newer garage doors throughout
• Recent electrical infrastructure upgrades
• Units: 200-amp main panel and 5-meter bank upgrade completed in 2024
• Unit 745 water heater replaced in 2017
• Window and door improvements completed in 2020
A rare first-time offering for investors seeking a four-unit multifamily asset in Pomona with established rental income, recent improvements, and long-term investment potential.
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Interior Features Tile Counters, Unfurnished
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl, Wood
Fireplaces Type None
Inclusions Refrigerator, window A/C units, Stove
Equipment Satellite Dish
Fireplace No
Appliance Electric Oven, Refrigerator, Water Heater
Laundry None
Exterior
Exterior Feature Lighting
Parking Features Door-Single, Driveway, Garage, Garage Faces Rear, Unassigned
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link
Pool None
Community Features Curbs, Street Lights
View Y/N Yes
View Mountain(s)
Roof Type Asbestos Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre, Sprinkler System
Story 2
Entry Level One,Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 8357005049
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Nearby Locations
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