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Listed by: Oscar Diaz (213) 943-1884 DRE #02022902 | Marcus & Millichap (310) 909-5500
$1,050,000
7 Beds
- 6 Baths
2,699sqft
920 W 3Rd St, Pomona, CA 91766
$1,050,000
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Multi Family
Built in 1938
$-- HOA
6,786 sqft lot
$389/sq.ft
Description
920 W 3rd Street is a fully renovated charming 4-plex with approved plans for a 2-bed/1-bath ADU, delivered mostly vacant in one of Pomona's fastest-growing neighborhoods. 3 of 4 bungalows will be delivered vacant and fully upgraded, featuring new bathrooms, updated kitchens, modern appliances, fresh paint, new flooring, contemporary finishes, storage room, + private yards. The property will include approved ADU plans, allowing an investor to begin construction immediately and add significant value. Once leased, the property will operate at an impressive 6.42% cap rate before even factoring in the ADU. After construction, it projects a 7.08% cap rate and a 10.53 GRM (incl...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1938
HOA Fees
-
Finished Area
2,699 sqft
Lot Size
6,786 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25622381
MLS Status
Active
Days on Market
10
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