Property Detail

Description

4 Units on a Huge Lot! An excellent investment opportunity with strong returns. This property offers three 2BR/1BA units and one 3BR/2BA unit, all single story. Features include 3 single-car garages plus 8 additional on-site parking spaces. The building offers an ideal unit mix: Unit 871 (Front): 2 bedrooms, 1 bath. Unit 875 (Front): 3 bedrooms, 2 baths. Unit 873 (Back): 2 bedrooms, 1 bath, Built in 1956. Unit 877 (Back): 2 bedrooms, 1 bath, Built in 1956. Each unit is equipped with in-unit washer and dryer hookups and its own private yard, boosting tenant appeal and long-term rental stability. All four units were fully remodeled inside and out in 2022, offering modern finishes, high rental rates, and low operating expensescurrently delivering a 7%+ cap rate. Located in a quiet residential neighborhood with easy access to the 10 Freeway, LA County Fairgrounds, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College. A turnkey, income-producing asset in a prime location!