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Sold for $715,000 on 09/28/23
  • Listing Provided by: 

    BENJAMIN PEREZ DRE #01750571 951-741-6421,

    CENTURY 21 PRIMETIME REALTORS

    Bought with: Universal Property Brokers
    $715,000

    812 S Towne Ave, Pomona, CA 91766

    5beds
    2baths
    1,836sqft
    Duplex
    Built in 1947
    -- sqft lot
    $778,300 Zestimate®
    $389/sqft
    $2,744 Estimated rent

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    $2,744/mo

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    $2,744/mo

    Rent Zestimate®

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    $4,355/mo

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    $4,355/mo

    Est. payment

    What's special

    Welcome to this incredible duplex property with endless potential for expansion and increased value! Situated on a spacious lot in the heart of Pomona, this property offers the unique opportunity to subdivide the land and build two additional units on each parcel, resulting in a total of four units. The existing duplex boasts two well-maintained and spacious units, featuring a Three Bedrooms, One Bathroom, and a Two Bedroom, One Bathroom. Both units have long time renters that would prefer to stay if possible. With the potential to build two additional units on each subdivided parcel, this property presents an exceptional investment opportunity. By expanding the property, you can significantly increase rental income and property value. Imagine the potential for substantial monthly cash flow and long-term appreciation! The expansive lot offers plenty of space for outdoor activities, gardening, or even the addition of amenities such as a communal patio or BBQ area. The property is conveniently located in a desirable neighborhood, close to schools, parks, shopping centers, and major transportation routes, ensuring easy access to all amenities. Investors and developers will appreciate the flexibility and potential this property offers. Whether you choose to subdivide and build additional units or simply enjoy the existing duplex, the upside in rents and property value is undeniable. Don't miss out on this incredible opportunity to own a duplex with the potential for expansion and increased returns. Schedule a showing today and explore the possibilities that await you in this remarkable property!

    Zillow last checked: 8 hours ago

    Listing updated: September 28, 2023 at 04:45pm

    Listing Provided by:

    BENJAMIN PEREZ DRE #01750571 951-741-6421,

    CENTURY 21 PRIMETIME REALTORS

    Bought with:

    Jorge Jara, DRE #01204137

    Universal Property Brokers

    Source: CRMLS,MLS#: IV23146797MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Appliances
    • Laundry: See Remarks
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,836
    • Total interior livable area: 1,836 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 0.30 Acres
    Details
    • Parcel number: 8333003030
    • Zoning: POR31000*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Pomona

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
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    Estimated market value
    $778,300