$725,000
324 N Palomares Street Pomona, CA 91767
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$725,000
Est. payment /mo
5 BD
1,734 SqFt
Active
324 N Palomares Street Pomona, CA 91767
UPDATED:
08/27/2024 02:34 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,734 sqft
Price per Sqft $418
MLS Listing ID CRCV24176920
Bedrooms 5
HOA Y/N No
Year Built 1895
Lot Size 6,020 Sqft
Acres 0.14
Property Description
We are pleased to exclusively offer for sale this 2 unit multi-family investment property in the city of Pomona. This single-story multifamily investment property offers an ideal blend of comfort and convenience in a prime rental location. The property features two well-maintained units: a spacious 3-bed/2-bath unit and a 2-bed/1-bath unit, together totaling 1,732 square feet of rentable living space on a 6,020 square foot lot. Situated in a predominantly single-family residential neighborhood, this property benefits from a stable rental market. Tenants will appreciate the onsite parking and a shared private backyard, perfect for outdoor relaxation. Each unit is separately metered for electricity and gas, providing efficiency and ease of management. Additionally, laundry hookups are available for both units, further enhancing the appeal of this investment opportunity. The city's historical vacancy rate for apartments remains low, reflecting strong demand and a stable rental market. Tenants are drawn to Pomona's rich cultural heritage, vibrant downtown area, and easy access to major freeways and public transportation, offering both convenience and a sense of community.
Location
State CA
County Los Angeles
Area Listing
Zoning POCI
Interior
Fireplace No
Laundry Other
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 8337027016
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Listed by Kristopher German • RE/MAX 2000 REALTY
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