Triplex
Listing Agent: Tsungchih Lin (DRE #01971341) · Listing Office: First Team Real Estate · Contact: 949-988-3000 · Bought with: MIKE VIRAMONTES · Excellence RE Real Estate · MLS #TR24041595 · Source: CRMLS
Value-add, fully-occupied, month-to-month lease with current cap rate over 4%, this triplex in Pomona is an investor’s dream. One 2-bedroom and two 1-bedroom units each with their own electric and gas meters, laundry hook-ups, and detached one-car garage make up a perfect unit mix. Below-market $3,952 total monthly rent and low maintenance cost offer great upside potential. Re-piped in all units with 10-year warranty, fresh exterior paint, brand new electrical sub-panels in all units, a new sewer line, and Section one termite clearance provide worry-free solution to the new owner.
Listing description from the May 2024 sale, as reported to CRMLS.