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! Offer subject to interior inspections. Buyer to cooperate with Seller’s 1031 exchange.
DAYS ON MARKET
|
97
|
LAST UPDATED
|
5/16/2018
|
YEAR BUILT
|
1910
|
COMMUNITY
|
Not Defined
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
TOTAL PARKING
|
4
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
ResidentialIncome
|
|
|
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 |
PREVIOUSSTANDARDSTATUS |
Pending |
PRICEPERSQUAREFOOT |
202.94 |
PROPERTYTYPE |
Residential Income |
SPECIALLISTINGCONDITIONS |
Standard |
WATERSOURCE |
Public |
ZESTIMATE
$520933
1440 N Gordon Street, Pomona, CA
73
Very Walkable
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Listing provided by : Tony Lam License # 01944496, Coldwell Banker Alliance
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Based on information from California Regional Multiple Listing Service, Inc. as of 2/20/19 4:17 PM 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