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Listed by HANG TAO, DRE #02052821 • Pacific Sterling Realty/San Gabriel
$ 1,120,000
Est. payment /mo
New
320 E Pearl Pomona, CA 91767
7,591 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS26207298
Year Built 1981
Lot Size 7,591 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Excellent four-unit residential income property in Pomona with strong current rental income. The property is currently generating approximately $7,730 in total monthly rental income, or approximately $92,760 annually, providing four separate income streams. The two-story quadruplex offers approximately 3,500 square feet of total building area on a generous 7,591 square foot lot. All four units have been progressively updated and remodeled within the past five years, including newer flooring and kitchen cabinetry. The building's roof was replaced within the past five years, and the entire exterior of the building was also repainted within the past five years. These recent improvements provide added value and reduce near-term capital improvement concerns. Each unit is assigned one covered parking space and one additional uncovered parking space, providing two parking spaces per unit. The property also features a convenient on-site laundry facility with coin-operated washers and dryers under a third-party laundry service arrangement. This well-maintained quadruplex offers strong existing rental income, four separate income streams, ample parking, and potential for future income growth. Conveniently located near shopping, restaurants, schools, transportation, and major freeways
Location
State CA
County Los Angeles
Area 687 - Pomona
Rooms
Kitchen Other
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool 31, None
Building
Water Hot Water, District - Public
Others
Tax ID 8337013023
Special Listing Condition Not Applicable
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