601 Wisconsin Street, Pomona, California 91768
- $4,100,000
- $4,100,000
Overview
- Apartment, Residential Income
- 12915 Sqft
- 1963
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
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Address: 601 Wisconsin Street
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City: Pomona
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State/county: CA
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Zip/Postal Code: 91768
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Country: US
Details
Updated on April 5, 2024 at 7:07 pm-
Property ID CV23221841
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Price $4,100,000
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Property Size 12915 Sqft
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Land Area 0.4587 Acres
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Year Built 1963
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Cash to New Loan
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Curbs, Gutter(s), Sidewalks
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