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ResidentialIncome — 1242 W Orange Grove, Pomona, CA

$799,900

1242 W Orange Grove, Pomona, CA

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About this property

Great Lot with many possibilities - two on a lot - Pomona rezoned in July 2024 This is called the Neighborhood Edge District 3 zoning district. You can put up to 9 units on this lot with out public hearing per city planning dept. - (Buyer to check with city) - This has been a long term rental with great tenants for many years - Tenants are month to month - These units have been well kept with big front and back yards - Roofs were replaced in 2018 - also owners just had tree's trimmed and roof maintenance done - Inside the flooring is laminate and tile - wall furnaces - all appliances belong to tenants - Each unit has 1 car garage plus a lot of room for extra parking - close to freeways, public transportation, parks and schools. 1240 is the front house and 1242 is the back house. They are on seperate electric and gas meters. Rent increases of 5% for 2026 have not been applied yet.

Property details

Year built
1957
Property type
ResidentialIncome

Location

1242 W Orange Grove • Pomona, CA 91768

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Listed by

Kimberley Curley · COMPASS