Fourplex
Listing Agent: Pamela Briggs (DRE #01920977) · Listing Office: Coldwell Banker Tri-Counties R · Contact: 909-861-9835 · Bought with: Maria Palencia · Berkshire Hathaway HomeServices California Properties · MLS #TR23066117 · Source: CRMLS
Presenting an incredible investment opportunity in Pomona! This four-plex property showcases long-term tenants who are currently on month-to-month leases, ensuring stability and flexibility. The property offers turnkey convenience with each unit featuring its own one-car garage for tenants' parking needs. Privacy and security are enhanced by the fenced frontage. Situated near various amenities such as shopping centers, restaurants, and entertainment options, the property's location is highly appealing to potential renters. Easy access to major transportation routes further adds to its desirability. Offers are welcome and subject to inspection. Don't miss out on this exceptional investment opportunity, offering a current cap rate of 3% and boasting a remarkable 50% rent upside potential.
Listing description from the August 2023 sale, as reported to CRMLS.