Pomona’s 2nd Highest Price Per Unit Sale Last 5 Years!
(Kris German also sold the highest sale last year 😁)

SELLER’S STORY

After being a landlord since the 1970’s, the seller made the decision to slowly exit real estate. Why? Given the politics of the state and recent changes to Rent Control, rather than deal with the complexities of multi-family properties, he will now complete a 1031-Exchange to a DST investment which is more passive in nature.

PROPERTY HIGHLIGHTS

• Kris German represented the Seller and Buyer
• Full Price Sale!
• 4,400 – Direct Mailers Sent to Internal Investor Database
• 6,400 – Emails Directly Sent to Exclusive Buyer List
• 7,100 – Facebook and Instagram Views
• 54,400 – Views on Listing Search Sites

PROPERTY HIGHLIGHTS

Recently Remodeled & Market Rents in Place!

• 12 of the 15 Units 100% Remodeled, Including:
  • New Recessed Lighting
  • New Flooring
  • New Kitchen with Appliances
  • New Bathroom & Fixtures
  • Mirrored Wardrobe Closets
  • A/C Units Installed
• Building Improvements:
  • 100% Copper Plumbing
  • All New Windows & Entry Doors
  • New Exterior Paint
  • Healthy Roof
  • New Subpanels
  • Artificial Turf Landscaping
  • Remote-Controlled Private Gate Access
• Unit Mix:
  • (1) 2-Bed/1.5-Bath “Owner’s Unit” with Den & Fireplace
  • (7) 2-Bed/1.5-Bath Units
  • (7) 1-Bed/1-Bath Units
• 12,915 Rental Sq. Ft. | 19,981 Sq. Ft. Lot
• Separately Metered for Electricity & Gas
• Onsite Carport Parking
• App-Enabled Laundry Facility