Sold
Closed
601 Wisconsin Street
Pomona CA, 91768
$4,100,000
$317.46 per sqft
Sold
Closed
12,915 sqft
Condos
Built in 1963
Listed by Kristopher German with RE/MAX 2000 REALTY 909-645-0443
6.15% CAP Rate!...11.73 GRM!...Turn-Key Asset!...Need we say more? We are pleased to exclusively offer for sale this 15 unit multi-family asset in the city of Pomona. Recent property improvements include: 12 of the 15 rental units have been totally remodeled consisting of recessed lighting throughout, lavish kitchens with natural stone counters & shaker style cabinetry, new range ovens, new wood laminate flooring throughout, fully remodeled restrooms with modern vanity and fiberglass shower surround, new mirrored wardrobe closets, and new wall A/C & heater installed. ALL rental units received new entry doors, new dual pane windows, and copper plumbing throughout. The unit mix consists of 1(2Bed+Den/1.5Bths), 7(2Bed/1.5Bths), and 7(1Bed/1Baths). Tenants enjoy onsite car-port parking, private gated entry with remote, and an onsite laundry facility which is technologically equipped and App-Enabled. Priced at a current 6.15% CAP Rate and 11.73 GRM (based on current rental income) this property offers a new investor not only a significant cash return on Day 1, but an investment property that has been meticulously maintained with little future maintenance required.
CV23221841
MLSⓇ ID
December 6, 2023
Listed
November 22, 2024
Updated
Interior Features
Total Stories
2
Laundry Description
Common Area, Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.46 Acres
Lot Features
11-15 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
687 - Pomona
Days on Market
20
Garage
No
Parking Total
15
View
No
County
Los Angeles
Water Source
Public
Pool Features
None
Zoning
POT3VV
Listing History
Date | Event | Price |
|---|---|---|
4/5/2024 | Sold | $4,100,000 |
2/8/2024 | Pending | — |
1/17/2024 | Active | — |
12/20/2023 | Pending | — |
Listing Contact: 626-956-0188
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 6:04 PM UTC