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812 S Towne Avenue, Pomona, CA 91766

Duplex · 2 recorded sales since 2012

812 S Towne Avenue, Pomona, CA 91766 Sold September 2023 CRMLS
$715,000Sold September 2023

Listing Agent: BENJAMIN PEREZ (DRE #01750571) · Listing Office: CENTURY 21 PRIMETIME REALTORS · Contact: 909-399-1172 · Bought with: Jorge Jara · Universal Property Brokers · MLS #IV23146797 · Source: CRMLS

12,991 sqft
Lot Size
1947
Year Built
Duplex
Type
1
Stories
2
Garage

About this duplex

Welcome to this incredible duplex property with endless potential for expansion and increased value! Situated on a spacious lot in the heart of Pomona, this property offers the unique opportunity to subdivide the land and build two additional units on each parcel, resulting in a total of four units. The existing duplex boasts two well-maintained and spacious units, featuring a Three Bedrooms, One Bathroom, and a Two Bedroom, One Bathroom. Both units have long time renters that would prefer to stay if possible. With the potential to build two additional units on each subdivided parcel, this property presents an exceptional investment opportunity. By expanding the property, you can significantly increase rental income and property value. Imagine the potential for substantial monthly cash flow and long-term appreciation! The expansive lot offers plenty of space for outdoor activities, gardening, or even the addition of amenities such as a communal patio or BBQ area. The property is conveniently located in a desirable neighborhood, close to schools, parks, shopping centers, and major transportation routes, ensuring easy access to all amenities. Investors and developers will appreciate the flexibility and potential this property offers. Whether you choose to subdivide and build additional units or simply enjoy the existing duplex, the upside in rents and property value is undeniable. Don't miss out on this incredible opportunity to own a duplex with the potential for expansion and increased returns. Schedule a showing today and explore the possibilities that await you in this remarkable property!

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$715,000
Sold September 2023 · listed $698,888, on market August 2023 · MLS #IV23146797 · Source: CRMLS
Listing Agent: BENJAMIN PEREZ · Listing Office: CENTURY 21 PRIMETIME REALTORS · Contact: 909-399-1172 · Bought with: Jorge Jara · Universal Property Brokers
$180,000
Sold November 2012 · on market August 2012 · MLS #F12101995 · Source: CRMLS
Listing Agent: Lilian Portillo · Listing Office: One Point Mortgage · Contact: 818-994-3441 · Bought with: Lilian Portillo · One Point Mortgage
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