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324 N Palomares St
For Sale $725,000
$725,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,020 Sq Ft
Description
We are pleased to exclusively offer for sale this 2 unit multi-family investment property in the city of Pomona. This single-story multifamily investment property offers an ideal blend of comfort and convenience in a prime rental location. The property features two well-maintained units: a spacious 3-bed/2-bath unit and a 2-bed/1-bath unit, together totaling 1,732 square feet of rentable living space on a 6,020 square foot lot. Situated in a predominantly single-family residential neighborhood, this property benefits from a stable rental market. Tenants will appreciate the onsite parking and a shared private backyard, perfect for outdoor relaxation. Each unit is separately metered for electricity and gas, providing efficiency and ease of management. Additionally, laundry hookups are available for both units, further enhancing the appeal of this investment opportunity. The city's historical vacancy rate for apartments remains low, reflecting strong demand and a stable rental market. Tenants are drawn to Pomona's rich cultural heritage, vibrant downtown area, and easy access to major freeways and public transportation, offering both convenience and a sense of community.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $725,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1895 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 8337027016 |
| MLS # | CV24176920 |
| Property ID | 291743643 |
| Lot Sqft | 6,020 |
| Zoning | POCIND* |
| Total Units | 2 |
| Days on Market | 88 |
| Original List Price | $725,000 |
| Date Updated | September 30, 2024 |
| Date Created | August 26, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $3,850 | $0 |
| Net Income (Yr) | $ 30,931 |
Listing Provided By
Kristopher German an agent of . Lic #01800021
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 30, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT