1578 S Garey Avenue

    Pomona, CA 91766
    • $868,000
    • STATUS: Active
    • ON SITE: 169 days
    • ID#: SB19277588
    UPDATED: 72 min ago
    $868,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,612
      SQFT
    • $240
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    4 Unit Multi-family Quadruplex Investment Sale - The Oasis Apartments (4) 2 Bedroom/1 Bath units in the city of Pomona, Ca. This 1963 apartment building has 3,612 sqft and sits on a large 10,568 sqft R3 zoned lot. This property comes with (4) Detached Garages - 1 per unit. New Laundry Room, Large Patios. Pomona, Ca has become very desirable for investors, as they continue to look for investments with higher yields outside the city of Los Angeles but still in Los Angeles county. Investor motivation is capturing strong cash flow while still banking on Los Angeles county multi-family property appreciation.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T10:24:44.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

    www.playavistaliving.com/homes/101557212

    1578 S Garey Avenue Pomona, CA 91766

    • Price: $868,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: SB19277588
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    3,612
    SQFT
    $240
    $/SQFT
    1963
    Built
    Neighborhood:
    687 - Pomona
    County:
    Los Angeles
    Area:
    687 - Pomona
    Property Description
    4 Unit Multi-family Quadruplex Investment Sale - The Oasis Apartments (4) 2 Bedroom/1 Bath units in the city of Pomona, Ca. This 1963 apartment building has 3,612 sqft and sits on a large 10,568 sqft R3 zoned lot. This property comes with (4) Detached Garages - 1 per unit. New Laundry Room, Large Patios. Pomona, Ca has become very desirable for investors, as they continue to look for investments with higher yields outside the city of Los Angeles but still in Los Angeles county. Investor motivation is capturing strong cash flow while still banking on Los Angeles county multi-family property appreciation.
    Exterior Features

    Garage Spaces 4.00 Lot Features 2-5 Units/AcreLandscapedLevel With StreetLot 10000-19999 SqftWalkstreetYard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 850 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common AreaCommunity Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.30 Community Features CurbsStreet LightsSuburban Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 62160.00 Gross Multiplier 14.40 Gross Scheduled Income 62160.00 Insurance Expense 2350.00 Land Lease YN No Laundry YN Yes Net Operating Income 48060.00 New Construction YN No New Taxes Expense 9000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number With Patio 4 Operating Expense 14100.00 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays Cable TvElectricity Total Actual Rent 5180.00 Total Expenses 14100.00 Trash Expense 1250.00 Water Sewer Expense 1500.00 Water Source Private Year Built Source Assessor Zoning Por31500*

    Listing provided courtesy of Babak Tabarsi of Keller Williams Palos Verdes


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T10:24:44.04. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.

     
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