601 Wisconsin Street, Pomona, California 91768
  • $4,100,000

Overview

Property ID: CV23221841
  • Apartment, Residential Income
  • Property Type
  • 12915 Sqft
  • Area Size
  • 1963
  • Year Built

Description

6.15% CAP Rate!…11.73 GRM!…Turn-Key Asset!…Need we say more? We are pleased to exclusively offer for sale this 15 unit multi-family asset in the city of Pomona. Recent property improvements include: 12 of the 15 rental units have been totally remodeled consisting of recessed lighting throughout, lavish kitchens with natural stone counters & shaker style cabinetry, new range ovens, new wood laminate flooring throughout, fully remodeled restrooms with modern vanity and fiberglass shower surround, new mirrored wardrobe closets, and new wall A/C & heater installed. ALL rental units received new entry doors, new dual pane windows, and copper plumbing throughout. The unit mix consists of 1(2Bed+Den/1.5Bths), 7(2Bed/1.5Bths), and 7(1Bed/1Baths). Tenants enjoy onsite car-port parking, private gated entry with remote, and an onsite laundry facility which is technologically equipped and App-Enabled. Priced at a current 6.15% CAP Rate and 11.73 GRM (based on current rental income) this property offers a new investor not only a significant cash return on Day 1, but an investment property that has been meticulously maintained with little future maintenance required.

  • Address: 601 Wisconsin Street
  • City: Pomona
  • State/county: CA
  • Zip/Postal Code: 91768
  • Country: US

Details

Updated on April 5, 2024 at 7:07 pm
  • Property ID CV23221841
  • Price $4,100,000
  • Property Size 12915 Sqft
  • Land Area 0.4587 Acres
  • Year Built 1963
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs, Gutter(s), Sidewalks

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