309 N Gordon Street
Pomona, CA 91768
MLS #CV17244677

Income
  • 6units
  • 4,506sq ft
$925,000
Est. P&I payment: $3532.87/mo
309 N Gordon Street, Pomona, CA 91768
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Description for 309 N Gordon Street, Pomona, CA 91768
PRIME LOCATION - Located near Downtown Pomona, Western University of Health Sciences, Cal Poly Pomona, La Verne University, Mt. San Antonio Community College, Metro Link & Public Transportation. Ample off-street parking on W. Monterey Ave. and N. Gordon St. This is a well maintained, older income property that is listed for sale for the 1st time in over 40 years! Both buildings on the property were built between 1908-1923. The building on Gordon St. is a HUGE, 5-unit, 2 story structure located on the corner of Monterey Ave. & N. Gordon St. Central water heater is located in basement of main building and supplies all 5 units. There is an additional, detached building on the same property that faces Monterey Ave. and is a 1 bedroom 1 bath single family home w/ a fenced backyard and includes a shared, newly installed concrete driveway/parking area.
MLS #CV17244677
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My Notes for MLS #CV17244677

General Features

  • Number Of Buildings: 2
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Year Built: 1923
  • Zoning: POCIND*
  • Elevation Units: Feet
  • Number With Carpet: 6
  • Number With Drapes: 6

Exterior Features

  • Construction Materials: Wood Siding
  • Fence YN: 1
  • Roof: Composition
  • Stories Total: 2
  • Fencing: Chain Link
  • Lot Features: 0-1 Unit/Acre,​Corner Lot,​Landscaped,​Lawn,​Level with Street,​Lot Shape-Rectangular,​Lot-Level/Flat,​Near Public Transit,​Sprinkler System,​Sprinklers In Front,​Sprinklers On Side,​Sprinklers Timer,​Utilities - Overhead,​Yard
  • Lot Size SqFt: 8,205
  • Lot Size Units: Square Feet
  • View YN: 1
  • View: City Lights,​Neighborhood
  • Exterior Features: Lighting
  • Other Structures: Guest House Detached
  • Parking YN: 1
  • Parking Features: Driveway - Concrete,​Off Site
  • Parking Total: 3
  • Pool Features: None
  • Property Condition: Turnkey
  • Window Features: Blinds,​Double Pane Windows
  • Architectural Style: Craftsman
  • Common Walls: 2+ Common Walls
  • Property Attached YN: 1

Interior Features

  • Flooring: Carpet
  • Foundation Details: Raised
  • Levels: Two
  • Spa Features: None
  • Fireplace Features: None
  • Average 1Bed Area: 687
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area: 853
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area: 571
  • Average Studio Area Units: Square Feet

Utility Features

  • Cooling: None
  • Heating YN: 1
  • Heating: Wall Heater
  • Laundry Features: None
  • Security Features: Carbon Monoxide Detector(s),​Smoke Detector
  • Water Source: Public
  • Road Frontage Type: City Street
  • Appliances YN: 1
  • Appliances: Gas Stove
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Financial Features

  • Electric Expense: 517
  • Gross Scheduled Income: 74,760
  • Insurance Expense: 2,405
  • Net Operating Income: 71,022
  • Operating Expense: 4,737
  • Price Per SqFt: 205.28
  • Professional Management Expense: 7,476
  • Total Expenses: 34,990
  • Trash Expense: 1,311
  • Vacancy Allowance: 3,738
  • Vacancy Allowance Rate: 5
  • Water Sewer Expense: 1,763
  • Tax Lot: 38
  • Fuel Expense: 627
  • Gross Income: 74,760
  • Gross Operating Income: 71,022
  • Licenses Expense: 224
  • Maintenance Percent: 8
  • New Taxes Expense: 18,000
  • Tenant Pays: Electricity,​Gas
  • Total Actual Rent: 6,230

Community Features

  • Community Features: Street Lighting

Miscellaneous Features

  • Building Area Total: 4,506
  • Building Area Units: Square Feet
  • Days On Market: 40
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 40
  • Tax Census Tract: 4,088
  • Tax Tract Number: 156

Location

 
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Directions to 309 N Gordon Street, Pomona, CA 91768
NW corner of W. Monterey Ave. & N. Gordon St.
Listing information for 309 N Gordon Street, Pomona, CA 91768 was graciously provided by our friends at the listing brokerage, DANIEL JOHN PONTING, BROKER and by listing agent PONTING DANIEL DRE# 01755184

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Curtis Real Estate's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Curtis Real Estate, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/23/2018 at 1:48am
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