601 Wisconsin Street
Pomona, CA 91768
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1963 build
- – on site
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6.15% CAP Rate!...11.73 GRM!...Turn-Key Asset!...Need we say more? We are pleased to exclusively offer for sale this 15 unit multi-family asset in the city of Pomona. Recent property improvements include: 12 of the 15 rental units have been totally remodeled consisting of recessed lighting throughout, lavish kitchens with natural stone counters & shaker style cabinetry, new range ovens, new wood laminate flooring throughout, fully remodeled restrooms with modern vanity and fiberglass shower surround, new mirrored wardrobe closets, and new wall A/C & heater installed. ALL rental units received new entry doors, new dual pane windows, and copper plumbing throughout. The unit mix consists of 1(2Bed+Den/1.5Bths), 7(2Bed/1.5Bths), and 7(1Bed/1Baths). Tenants enjoy onsite car-port parking, private gated entry with remote, and an onsite laundry facility which is technologically equipped and App-Enabled. Priced at a current 6.15% CAP Rate and 11.73 GRM (based on current rental income) this property offers a new investor not only a significant cash return on Day 1, but an investment property that has been meticulously maintained with little future maintenance required.
Listed By CRMLS_CA / Kristopher German / RE/MAX 2000 REALTY / 909-645-0443
Last checked:
Checking…
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Last updated Jun 25, 2024
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MLS# CV23221841 —
The Building
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Year Built:1963
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:12915.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:15
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Stories Total:2
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# of Separate Gas Meters:15
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# of Separate Water Meters:1
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# of Separate Electric Meters:15
Interior
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Entry Location:1
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Laundry:Community, Inside
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Laundry:1
Location
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Directions:South of I-10; East of CA-57; Near Intersection of W Holt Ave & Wisconsin St
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Latitude:34.06335800
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Longitude:-117.75667000
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:POT3VV
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Lot Features:11-15 Units/Acre, Lot 10000-19999 Sqft
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Lot Size Area:19981.0000
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Lot Size Acres:0.4587
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Lot Size SqFt:19981.00
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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:181
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Tax Census Tract:4023.03
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Tax Tract:019
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Tax Lot:7
The Listing
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Special Listing Conditions:Standard
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Parcel Number:8340018019
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:15.00
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Carport Spaces:15.00
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/5/24
Apr 5, 2024
|
Sold | CRMLS_CA | $4,100,000 | |
2/8/24
Feb 8, 2024
|
Pending | CRMLS_CA | $4,100,000 | |
1/17/24
Jan 17, 2024
|
Relisted | CRMLS_CA | $4,100,000 |