1371 S Reservoir Street, Pomona, CA 91766
Property · 2 recorded sales since 2016
Sold December 2022
Listing Agent: Kunal S. Sethi (DRE #01351160) · Listing Office: Sync Brokerage, Inc. · Contact: 818-770-3660 · Bought with: Vic Arutyunyan · Sync Brokerage Inc. · MLS #SR22203202 · Source: CRMLS
About this property
Bread and Butter 6 unit Apartment building located in central Pomona. The building consists of (6) two bed and one bath units. All units approximately 750 square feet and have a small side or rear yard. This single story building is located on a large 17,315 square foot R-4 zoned lot which provides the Buyer with an opportunity to develop additional units or redevelop the property in the future. There is also adequate parking on site. Current rents are well below market which provides and astute investor the opportunity to raise rents to achieve a high rate of return. All units are separately metered for gas and electric and the water is billed back to the tenants bi-monthly. All tenants are long term tenants and have paid through covid and pay on time. Drive by only, interior inspection with accepted offer only.
Listing description from the December 2022 sale, as reported to CRMLS.
Sale history
