PRIVATE SELLER FINANCING WITH 25% DOWN!!! We are pleased to exclusively for sale this 6 Unit multi-family residential property in the city of Pomona. Comprising six units with a mix of: two 2Bedroom/1Bathroom cottages, and four 1bedroom/1Bathroom units, this property is ideal for investors seeking a value-add project. Each unit is separately metered for gas and electricity, enhancing ease of management. The 5 on-site garage parking spaces offer additional potential for income through ADU conversions (buyer to confirm with the proper city authorities.) The financials are compelling with a current GRM of 13.19 and a cap rate of 5.19% with an additional 50% upside in Rental Income, indicating a solid investment with room for increased cash-flow and appreciation. The seller's financing terms are attractive: 25% down payment, interest-only payments at 7% rate, with the loan due and PAYABLE in 5 years. This is an excellent opportunity for investors looking to expand their portfolio with a property that offers significant upside potential in a desirable location.
Sold for $1,200,000 on 12/07/23
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
$1,200,000
252 San Francisco Ave, Pomona, CA 91767
--beds
--baths
3,377sqft
Multi Family
Built in 1937
-- sqft lot
$-- Zestimate®
$355/sqft
$2,563 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: December 07, 2023 at 03:06pm
Listing Provided by:
Kristopher German DRE #01800021 909-645-0443,
RE/MAX 2000 REALTY
Bought with:
Kristopher German, DRE #01800021
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV23214289
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: In Kitchen
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,377
- Total interior livable area: 3,377 sqft
Property
Parking
- Total spaces: 7
- Parking features: Garage
- Garage spaces: 5
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 7,864 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 8336003019
- Zoning: POR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Sidewalks
Location
- Region: Pomona
HOA & financial
Other financial information
- Total actual rent: 7110
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Owner May Carry