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Listed by Stephen Eng, DRE #01946974 • Universal Elite Realty
$ 798,000
Est. payment /mo
New
1133 S Park AVE Pomona, CA 91766
5,822 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR26172659
Year Built 1987
Lot Size 5,822 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Recently renovated, low-maintenance triplex offering stabilized income and substantial rental upside in Pomona. Situated on an approximately 5,796-square-foot fenced lot, this 2,016-square-foot multifamily property generates over $60,000 in gross annual income from stable long-term tenants. The current cap rate is approximately 6%, with a projected pro forma cap rate exceeding 7% and more than 20% potential rental upside. All three units have been updated with newer faux-wood flooring, updated windows, bright open floor plans, spacious living areas, modern bathrooms, and refreshed kitchens featuring shaker-style cabinetry, solid-surface countertops, stainless-steel sinks, and newer ranges. Additional interior highlights include generously sized bedrooms, dedicated closets, mini-split heating and air conditioning, distinctive spiral staircases, and vaulted bedroom ceilings. Each unit is separately metered for electricity and gas and has its own independent water heater, helping simplify utility management. Recent property improvements completed within the last three years include a newer roof, newer windows, newer water heaters, and newer exterior wood siding. The property also features gated grounds, a small lawn, an outdoor storage shed, four-car covered carport parking, addit
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Heating Heat Pump
Cooling Heat Pump, Other
Laundry Laundry Area, Community Facility
Exterior
Garage Spaces 6.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 8341022039
Special Listing Condition Not Applicable
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