UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25228345
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1900
Lot Size 0.300 Acres
Property Sub-Type Quadruplex
Property Description
An excellent investment opportunity with strong returns. This property offers three 2BR/1BA units and one 3BR/2BA unit, all single story. Features include 3 single-car garages plus 8 additional on-site parking spaces.
The building offers an ideal unit mix:
Unit 871 (Front): 2 bedrooms, 1 bath.
Unit 875 (Front): 3 bedrooms, 2 baths.
Unit 873 (Back): 2 bedrooms, 1 bath, Built in 1956.
Unit 877 (Back): 2 bedrooms, 1 bath, Built in 1956.
Each unit is equipped with in-unit washer and dryer hookups and its own private yard, boosting tenant appeal and long-term rental stability.
All four units were fully remodeled inside and out in 2022, offering modern finishes, high rental rates, and low operating expenses—currently delivering a 7%+ cap rate.
Located in a quiet residential neighborhood with easy access to the 10 Freeway, LA County Fairgrounds, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College.
A turnkey, income-producing asset in a prime location!
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Interior Features Quartz Counters, Recessed Lighting, All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Appliance Gas Range, Gas Water Heater, Range Hood, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Inside
Exterior
Parking Features Assigned, Garage, On Site, One Space
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs
Roof Type Shingle
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Landscaped, Sprinkler System
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 8357008029
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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