601 Wisconsin Street, Pomona, CA 91768
Property · 2 recorded sales since 2019
Sold April 2024
Listing Agent: Kristopher German (DRE #01800021) · Listing Office: RE/MAX 2000 REALTY · Contact: 909-645-0443 · Bought with: Kristopher German · RE/MAX 2000 REALTY · MLS #CV23221841 · Source: CRMLS
About this property
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.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history
