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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

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11 Units in Pomona

1140 W Grand Ave, Pomona, CA 91766, USA
Sold for$2,200,000$200,000/Per Unit

Description

Property Description

  • 8.8%+ PROFORMA CASH-ON-CASH!
  • 11 Units
  • All Single-Story Individual Cottage-Style Units
  • First Time For Sale Since Initial Construction!
  • 12.54 Current GRM; 5.65% Current Cap Rate
  • Units Situated on 2 Separate Lots
    • Total of 37,000+ Sq. Ft. (Can Be Sold Individually)
  • Separately Metered for Electric, Gas, & Water (Most Units)
  • Upgraded Copper Plumbing & Electrical Throughout
  • Unit Interiors in Good Condition
  • Proforma GRM: 10.73
  • Each Unit Has Garage & Laundry Hookups & Individual Backyards
  • Address: 1140 & 1148 W Grand Ave
  • City: Pomona
  • State/county: California
  • Zip/Postal Code: 91766
  • Country: United States

Detail

Updated on February 13, 2020 at 2:50 pm

  • Price: Sold for $2,200,000
  • Property Size: 6750 SqFt
  • Land Area: 37419 SqFt
  • Year Built: 1968
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 11
  • Unit Mix: 1 (3+2), 2 (3+1), 3 (2+1) 4 (1+1), 1 (Studio NC)
  • Zoning: POR2*
  • We Represented: Seller
  • Close of Escrow: 02/10/2020

Video

WalkScore

walkscore45 / Car-Dependent 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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