We are pleased to exclusively offer for sale this 6 unit multi-family investment located in the city of Pomona. The subject property is comprised of 5 detached structures, 4 individual single-story cottage style units, and one duplex style structure, with a unit mix of 1(2bed/1bath), and 5 (1bed/1Bath)s. There is an additional storage unit at rear of garages rented at the rate of $475 per month. The units are situated on a LARGE 13,720 sqft lot and offer ample onsite parking. Buyer and Buyers agent to satisfy themselves as to the legal number of units and legal square footage. Priced currently at a 12.81 GRM and a 5.14% CAP Rate, at entry the subject property offers a lucrative cash return with room for growth at a significant 30+% upside in rental income.
Off market
$1,028,311
3844 E 9th Ave #1-4, Pomona, CA 91766
7beds
0baths
3,000sqft
MultiFamily
Built in 1944
-- sqft lot
$-- Zestimate®
$343/sqft
$2,862 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 0
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 9
Lot
- Size: 0.31 Acres
- Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
Details
- Parcel number: 1012211180000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1944
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Pomona
Other
Other facts
- CommunityFeatures: Curbs, Street Lights
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- PreviousStandardStatus: Active
- CommonWalls: No Common Walls
- MLSAreaMajor: 687 - Pomona
- LotFeatures: 6-10 Units/Acre, Lot 10000-19999 Sqft
- CommunityFeatures: Gutters
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- Sewer: Public Sewer
- TaxTractNumber: 18
- StandardStatus: Pending
- SeniorCommunityYN: 0
- ParcelNumber: 1012211180000