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$ 1,275,000
Est. payment | /mo
9 Beds
0.3 Acres Lot
$ 1,275,000
Est. payment | /mo
9 Beds
0.3 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID OC25228345
Bedrooms 9
Lot Size 0.300 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
4 Units on a Huge Lot! An excellent investment opportunity with strong returns. This property offers three 2BR/1BA units and one 3BR/2BA unit, all single story. Features include 3 single-car garages plus 8 additional on-site parking spaces. The building offers an ideal unit mix: Unit 871 (Front): 2 bedrooms, 1 bath. Unit 875 (Front): 3 bedrooms, 2 baths. Unit 873 (Back): 2 bedrooms, 1 bath, Built in 1956. Unit 877 (Back): 2 bedrooms, 1 bath, Built in 1956. Each unit is equipped with in-unit washer and dryer hookups and its own private yard, boosting tenant appeal and long-term rental stability. All four units were fully remodeled inside and out in 2022, offering modern finishes, high rental rates, and low operating expensescurrently delivering a 7%+ cap rate. Located in a quiet residential neighborhood with easy access to the 10 Freeway, LA County Fairgrounds, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College. A turnkey, income-producing asset in a prime location!
Location
State CA
County Los Angeles
Zoning Assessor
Direction SOUTH OF THE 10 FREEWAY AND WHITE AVE EXIT
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8357008029
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Lance Dang eXp Realty of California Inc
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Krystal Lane
Partner | Lic# 1918284