These 4 townhouse-style units are located in a great area of Pomona near Washington Park. The units were built in 1981 and total 4,472 square feet. The lot size is 16,806 square feet. The property consists of two buildings with two townhouses each. The units are virtually identical in configuration with some variations in finishes. Each townhouse has its own attached 2-car garage and a large and private enclosed yard. The interior offers an open floor plan downstairs with an entry, living room, dining area, kitchen and 1/2 bath. The upstairs has two bedrooms and one bath including a master suite with a huge walk-in closet.Additional features include central air and heating, inside laundry, ceiling fans and tile floors in most units.This property offers a huge upside in rents with the proforma cap rate at $2500 rent per unit being 6.9%. An interested buyer may also explore if there is a condo conversion opportunity. This property is a great addition to any investors portfolio! It would also be ideal for an owner occupant!
Listing courtesy of Listing Agent: Matthew Bryant (mvnbryant@aol.com) from Listing Office: M&M Bryant Real Estate Inc.
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