582 W 3rd Street
Pomona, CA 91766
- – beds
- – baths
- – sqft
- 8,675 sqft lot
- 1911 build
- – on site
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We are pleased to exclusively offer for sale this excellent "fix and flip" opportunity located in the city of Pomona. The asset consists of (1) 2 Bedroom/1Bathroom, (4) 1 Bedroom/1 Bathroom, & (1) Studio apartment spread across 2 separate structures. The property is located in the Downtown Pomona District in proximity to the metro station, Western University, and restaurants/entertainment. This area of Pomona has seen a tremendous amount of increase in the rental market with respect to demand and rental rates. In its current condition, an investor can take advantage of an attractive $132K Price Per Unit with huge upside potential. The property is separately metered for gas and electricity which is rare to find in vintage assets of the like. Two of the six units will be delivered vacant upon the close of escrow allowing an investor to start renovation immediately. The subject property is in need of extensive rehab and repair which may consist of foundation work as well (buyer and buyer's agent to do their own due diligence).
Listed By CRMLS_CA / KRISTOPHER GERMAN / RE/MAX 2000 REALTY
Last checked:
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Last updated Feb 27, 2023
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MLS# CV21210238 —
The Building
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Year Built:1911
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Year Built Source:Assessor
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New Construction:No
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Common Walls:2+ Common Walls
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Building Area Total:3999.00
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Building Area Units:Square Feet
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# of Buildings:2
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Total Number Of Units:6
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Stories Total:2
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Levels:Two
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Laundry:Inside, See Remarks
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Laundry:1
Location
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Directions:South of I-10, East of CA-71; Near Intersection of S Parcels St & W 3rd St
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Latitude:34.05653400
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Longitude:-117.75532100
The Property
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Property Type:Residential Income
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Zoning:POC3*
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Lot Features:6-10 Units/Acre, Lot 6500-9999
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Lot Size Area:8675.0000
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Lot Size Acres:0.1992
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Lot Size SqFt:8675.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:59
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Tax Census Tract:4088.00
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Tax Tract:005
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Tax Lot:4
The Listing
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Special Listing Conditions:Standard
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Parcel Number:8341006005
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Curbs, Gutters, Sidewalks
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Pool:None
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Private Pool:No
Parking
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Parking Spaces:2.00
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Uncovered Spaces:1.00
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Carport Spaces:1.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/25/21
Oct 25, 2021
|
Sold | CRMLS_CA | $750,000 | -5.7% |
10/15/21
Oct 15, 2021
|
Pending | CRMLS_CA | $795,000 | |
9/23/21
Sep 23, 2021
|
Listed / Active | CRMLS_CA | $795,000 |