No. Units: 5
Building Size: 2,825 SF
Price/Unit: $65,800
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
Additional Sub-types: Commercial/ Other (land)
Property Use Type: Investment
Distressed: Yes
Occupancy: 100%
No. Stories: 1
Year Built: 1956
Lot Size: 13,900 SF
Parking Ratio: 5 / 1,000 SF
Highlights
* Non Rent Control
* Multi Family Value Add Rehab Opportunity or
* Great Commercial Development Potential
* Zoned C4 - Highest Commercial Use
* 13,900 SF Lot
* Seller May Deliver Vacant
Description
100% Bank Owned!! Property is a one story bungalow style apartment building comprised of 5 1+1 side-byside units averaging 565 SF. Each unit has private fenced-in patios in rear of units. There is ample parking in front property for approx 8-10 parking spaces.
Located on a 13,900 SF lot, zoned C4 and allowing for most commercial uses, property has great commercial development potential, or value add opportunity for it's current multi family use. Seller is in the process of vacating units for rehab opportunity or future developer.
The property is located in the city of Pomona, approx 30 miles east of downtown LA. Subject has easy access and a few minutes from the 71 FWY and 10 FWY.
Unit Mix Information:
Description No. Units Avg. Mo. Rent Sq. Ft.
1 Bed + 1 Bath 5 $650 565
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