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790 Ferrari Ln

Ontario, CA 91764

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6 Units in Pomona

1324 W 2nd St, Pomona, CA 91766, USA
Sold For$640,000$106,666/Per Unit

Description

Not Every Deal is Overpriced, Call Us for More Value-Add Opportunities.

 

Property Description

  • Comprised of Single-Story 1-Bed/1-Bath & Studio Units
  • Excellent Value-Add Project with Upside in Rent
  • Desirable Single-Story Construction
  • 5.72% Cap Rate; 12.40 GRM
  • Extension of Escrow Negotiated on Seller’s behalf to Allow for Additional Time to Find Their 1031-Exchange Purchase
  • Address: 1324 W 2nd St
  • City: Pomona
  • State/county: California
  • Zip/Postal Code: 91766
  • Country: United States

Detail

Updated on October 9, 2018 at 12:29 pm

  • Price: Sold For $640,000
  • Property Size: 2592 SqFt
  • Land Area: 6418 SqFt
  • Year Built: 1928
  • Property Type: Multi Family
  • Property Status: Just Sold

Additional details

  • # of Units: 6
  • Unit Mix: 3 (1+1), 3 (Studio)
  • Zoning: POM1*
  • Cap Rate: 5.72%
  • GRM: 12.40
  • We Represented: Seller & Buyer
  • Close of Escrow: 08/29/2018

Features

WalkScore

walkscore59 / Somewhat Walkable more details here

Contact info

Deepen Shah
Deepen Shah
(909) 294-2603(909) 568-5200
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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