1324 West 2nd Street, Pomona, CA 91766

$599,000 Approx. USD 0 beds, 0 baths
2,592 sqft

Agent Remarks

We are pleased to offer for sale this 6 unit investment property located in the highly sought after rental community of the city of Pomona. The subject property is comprised all single story units with a unit mix of 3(1Bed/1Bath) units and 3(Studio) units. All tenants pay for their own electricity and gas usage while the owner pays for water and trash. Most units have been upgraded with copper plumbing as well as updated electrical with circuit breakers. The rental rates in place are well below market as the current tenants have lived onsite for a number of years. A new investor can take advantage of repositioning the rental rates which would yield a potential 8+% cash return. Tenants enjoy onsite parking and gated privacy.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# CV16187045
List price is $599,000 Reduced by $26,000 on 10/5/2016
Beds: 0
Baths: 0
Built in 1928
2,592 sqft
0.14 acres
Lot size: 6418.000
County: Los Angeles
Zoning: POM1*
MLS area: 687 - Pomona

Last Updated: 10/14/2016

 Find more Pomona homes and real estate

 Find more homes in 91766 zip code

This listing belongs to the 687 - Pomona MLS area

The listing is zoned POM1.
View more listings zoned POM1

Lat/Long: 34.057117, -117.768272.
Find nearby listings

Broker: Courtesy of RE/MAX 2000

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings