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    648 Abbey Lane

    Pomona, CA 91767
    • $1,174,000
    • STATUS: Active
    • ON SITE: 100 days
    • ID#: PW21004137
    UPDATED: 48 min ago
    $1,174,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,370
      SQFT
    • $269
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    Excellent 5 unit apartment building. Four of the units have been renovated with new Kitchens, Bathrooms, AC, Lighting, Flooring, and Copper Plumbing. We only increase the rent when we a new tenant moves in, so the rents are low. All tenants have always paid their rent to date with no exclusion, all tenants are current. There is a Laundry Room and we own the equipment which provides additional income. We prefer to sell this as a package deal along with 602 Karesh, Pomona just around the corner.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/113091804
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    648 Abbey Lane Pomona, CA 91767

    • Price: $1,174,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: PW21004137
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,370
    SQFT
    $269
    $/SQFT
    1964
    Built
    Neighborhood:
    687 - Pomona
    County:
    Los Angeles
    Area:
    687 - Pomona
    Property Description
    Excellent 5 unit apartment building. Four of the units have been renovated with new Kitchens, Bathrooms, AC, Lighting, Flooring, and Copper Plumbing. We only increase the rent when we a new tenant moves in, so the rents are low. All tenants have always paid their rent to date with no exclusion, all tenants are current. There is a Laundry Room and we own the equipment which provides additional income. We prefer to sell this as a package deal along with 602 Karesh, Pomona just around the corner.
    Exterior Features

    Carport Spaces 0 Lot Features Front YardLawnStreet Level Number Of Separate Electric Meters 6 Open Parking Spaces 0 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common WallEnd Unit Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5 Common Interest Community Apartment Community Features Sidewalks Contingency Subject To 1031 Exchangemust Sell As A Package With 602 KareshPomona Electric Electricity - On Property Electric Expense 300 Fuel Expense 650 Garage YN Yes Gross Income 86400 Gross Scheduled Income 84000 Insurance Expense 1200 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 62445 New Construction YN No New Taxes Expense 14375 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 22275 Pest Control Expense 600 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 7000 Trash Expense 2500 Utilities Natural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 1680 Water Sewer Expense 1800 Water Source Public Zoning Por301

    Listing provided courtesy of Steven Martinson of Certified Home Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Temecula CA, 92592