324 N Palomares Street
Pomona, CA 91767
0.14 acres | #CV24176920
Description
We are pleased to exclusively offer for sale this 2 unit multi-family investment property in the city of Pomona. This single-story multifamily investment property offers an ideal blend of comfort and convenience in a prime rental location. The property features two well-maintained units: a spacious 3-bed/2-bath unit and a 2-bed/1-bath unit, together totaling 1,732 square feet of rentable living space on a 6,020 square foot lot. Situated in a predominantly single-family residential neighborhood, this property benefits from a stable rental market. Tenants will appreciate the onsite parking and a shared private backyard, perfect for outdoor relaxation. Each unit is separately metered for electricity and gas, providing efficiency and ease of management. Additionally, laundry hookups are available for both units, further enhancing the appeal of this investment opportunity. The city's historical vacancy rate for apartments remains low, reflecting strong demand and a stable rental market. Tenants are drawn to Pomona's rich cultural heritage, vibrant downtown area, and easy access to major freeways and public transportation, offering both convenience and a sense of community.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Stories1
Measurements
- Acres0.1382
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1895
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$725,000
Other
- MLS #CV24176920
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Kristopher German (#CV33418)
Listing Office: RE/MAX 2000 REALTY (#51247)
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