Pomona 5 Unit Apartment Building
Type: Multi Family
Agent: Cyndy Sujarit
Company: Prudential CA Realty
1368 E. Kingsley Ave.
City: Pomona
State: CA
Postcode: 91767
Price:USD $ 649,000
Featured: Yes
Full Text:

Property Description: Motivated Seller - Great Condition - Pomona - 5 Unit Apartment Building - Long Term Tenants. All master bedrooms with closet. Garage / Carport. Common area for tenants to use for parties. Coin - Op Laundry split revenues. Sellers are motivated. Please call for more information. Must Sell - ASAP Make Offers - Great Cash flow opportunity - 100% occupied, - Located in Pomona - Great 5-unit apartment. Do not disturb tenants!!! Please call for more information. Great Upside potential. Rents not raised in 5 years.

Location Description: Pomona is a city in Los Angeles County, California, at the western edge of the Pomona Valley branch of the Inland Empire region since nearly the entire city is physically located east of the San Jose/Puente Hills. It may also be considered part of the San Gabriel Valley since it is at the eastern edge of Los Angeles County, whenever the Los Angeles/San Bernardino County border is used as the dividing line between the San Gabriel Valley and the Inland Empire. As of the 2000 census, the city population was 149,473. In 2005, its population was estimated as 160,815 [1]. Pomona is the 5th largest city in Los Angeles County (after Los Angeles, Long Beach, Glendale, and Santa Clarita). Pomona is well known as the location of California State Polytechnic University, Pomona (Cal Poly Pomona). This university was established on the site of breakfast cereal magnate W.K. Kellogg's massive ranch located on the city's west side. It is also the home of the Los Angeles County fairgrounds. While a fair in the nation's most populous county might seem quaint, Cal Poly is one of several major agricultural research facilities in the state, and the fair's livestock exhibits are a noted attraction.

Financing Options: Owner Financing Available
Building Features: Cooling System (Central Air Conditioning) Heating System (Forced Air Heat) Roof (Composition Roof) Cable TV
Income: Unit Mix Information 2 Bed 1 1/2 Bath - Section 8 No. Units: 1 Avg. Mo. Rent: $1,000 2 Bed 1 1/2 Bath - Section 8 No. Units: 1 Avg. Mo. Rent: $1,000 2 Bed 1 1/2 Bath - Section 8 No. Units: 1 Avg. Mo. Rent: $1,000 1 Bed 1 Bath - Section 8 No. Units: 1 Avg. Mo. Rent: $800 1 Bed 1 Bath No. Units: 1 Avg. Mo. Rent: $800
Commission: 3%