SoldJan 11, 2019

Listed by Jing Li

190 E Grand Ave, Pomona, CA, 91766

$568,000

1874 sq. ft.
7413 sq. ft.

MultiFam

•

Sold: Jan 11, 2019

What's around 190 E Grand Ave

About this property

Newly finished 2 units in Central Pomona, front unit 190 E Grand ave is 720 sqft 2bed/1bath with newly legalized ADU back unit 194 E Grand Ave is 1153 sqft 3bed/2bath. Conveniently located to shops & restaurants, schools, freeways. Easy to rent, with high cap rate around 6% (cap rate and operating expenses are calculated based on pro forma and asking price). New separate gas and electric meters for each unit, same water meter. Front unit features central AC, new exterior washer and dryer shed. Back unit has mini split heating and cooling, wall heater, separate washer and dryer hook up, extra large master bedroom with full bath, and newly added 2nd full bath. The exterior features driveway and uncovered parking for up to 4 cars, front lawn with auto water sprinklers, dual pane windows through all units, newer roof for back unit, wood fence, and a large back yard with new storm drain. Street parking is free and always available. Purchase include all appliances, ready to move-in or be rented out, bring your investors and large families! Purchases comes with all approved plans and permits. Owner pays water, trash, gardener is highly suggested.

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