WELCOME HOME!
Laurie Gabbert
626-986-3508626-986-3508

1440 N Gordon Street, Pomona, CA 91768 (MLS # PW18029980)

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PRICE $429,000
BEDS n/a
BATHS 0 baths
HOME SIZE 1,971 sq ft
LOT SIZE 7,667 sqft

A duplex in a large single family house at a Cul-De-Sac! 6BR/3BA. Great seasoned tenants, two separate entrances, two kitchens with granite counter tops, 2-car detached garage on a good size 7,667sf lot. Large back yard & plenty of parking in the rear. Large covered front patio with a large tree to provide additional shades. ALL utilities – water, trash, electric, gas and even gardening are paid by tenants. A rental rarity indeed! Total rent $2,900/mo. is below FMV, no rent control but with immediate upside potentials. Conveniently located, near FWY 10, 57, 71 & 60. Walking distance to Ganesha Park & Ganesha Community Center which offers swimming pool, water slide, kids playground, tenant courts, outdoor amphitheater, picnics & BBQ areas. Stater Bros, Starbucks and school are one to two short walking blocks. Smart & Final, CVS, other shopping and restaurants are a few blocks away. Nearby Pomona Fairplex & Puddingstone Reservoir offers additional fun and recreation options. 12.3 GRM, 8.1% cap! Great income/price ratio, immediate upside income potentials, tenants pay all utilities, historic low interest rate provides a once-in-a-lifetime leveraging opportunity. A 5% down payment on a 30-year fix mortgage at 4.5% would result in immediate positive cash flow from year zero! What an opportunity! CALL TODAY! Property is tenants occupied. Drive by only. Please do not disturb tenants. Offer subject to interior inspections. Buyer to cooperate with Seller’s 1031 exchange.

DAYS ON MARKET 15 LAST UPDATED 2/10/2018
YEAR BUILT 1910 COMMUNITY Not Defined
GARAGE SPACES 2.0 COUNTY Los Angeles
TOTAL PARKING 4 STATUS Active
PROPERTY TYPE(S) ResidentialIncome


ADDITIONAL DETAILS
BUILDINGAREAUNITS Square Feet
COMMONWALLS No Common Walls
COMMUNITYFEATURES Curbs
ELEVATIONUNITS Feet
GARAGESPACES 2.00
LANDLEASEYN 0
LAUNDRYFEATURES Inside
LISTAGENTSTATELICENSE 01944496
LOTFEATURES Cul-De-Sac
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 699 - Not Defined
PARKINGFEATURES Covered Parking, Direct Garage Access, Driveway, Driveway - Combination, Driveway - Concrete
POOLFEATURES None
PRICEPERSQUAREFOOT 217.66
PROPERTYTYPE Residential Income
SPECIALLISTINGCONDITIONS Standard
WATERSOURCE Public

ZESTIMATE
$464,877  1440 N Gordon Street, Pomona, CA

RENT ZESTIMATE
$2300 / mo.  1440 N Gordon Street, Pomona, CA

73 Very Walkable

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Listing provided by : Tony Lam License # 01944496, Coldwell Banker Alliance

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/18 2:35 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information