804 E 9th Street
Pomona, CA 91766
MLS #TR18008333

Income
  • 5units
  • 3,240sq ft
$1,197,900
Est. P&I payment: $4575.17/mo
804 E 9th Street, Pomona, CA 91766
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Description for 804 E 9th Street, Pomona, CA 91766
Tremendous income opportunity with this remodeled 5 unit complex in Pomona. Each unit has 2 bedrooms and 1 bathroom. Each unit has a single car garage. Fully fenced yard corner lot with great visibility. A units are single story. This is a pride of ownership property. The property and units are professionally maintained. Tenants move out , stick a sign on the fence and you will receive multiple applications with qualified renters within 24 to 48 hours based on the sellers experience. Current rent for the units is 1600 per month vacancy is rare, but no problem replacing a tenant and the increase in rent does make it worth it. Laundry hook ups for each unit in each garage. All units have automatic garage openers. This makes these units highly desirable. Tenants love them. Buyer must cooperate with seller on a 1031
MLS #TR18008333
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My Notes for MLS #TR18008333

General Features

  • Number Of Buildings: 3
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Year Built: 1961
  • Year Built Source: Assessor
  • Elevation Units: Feet
  • Number With Carpet: 4
  • Number With Disposal: 5
  • Number With Patio: 5
  • Number With Range: 5
  • Number With Refrigerator: 1

Exterior Features

  • Construction Materials: Drywall Walls
  • Fence YN: 1
  • Roof: Asphalt
  • Stories Total: 1
  • Uncovered Spaces: 6
  • Fencing: Chain Link
  • Lot Features: 2-5 Units/Acre,​Corner Lot,​Front Yard,​Landscaped,​Lawn,​Level with Street,​Lot 10000-19999 Sqft,​Near Public Transit,​Park Nearby,​Sprinkler System,​Sprinklers In Front,​Sprinklers In Rear,​Sprinklers On Side,​Yard
  • Lot Size SqFt: 14,163
  • Lot Size Units: Square Feet
  • Garage Spaces: 5
  • Parking YN: 1
  • Parking Features: Direct Garage Access,​Driveway,​Driveway - Concrete,​Driveway Up Slope From Street,​Garage,​Garage - Front Entry,​Garage - Single Door,​On Site
  • Parking Total: 11
  • Pool Features: None
  • Common Walls: 2+ Common Walls
  • Property Attached YN: 1

Interior Features

  • Levels: One
  • Fireplace Features: None
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Cooling YN: 1
  • Cooling: Wall Window
  • Heating YN: 1
  • Heating: Wall Heater
  • Laundry YN: 1
  • Laundry Features: In Garage
  • Utilities: Cable Available,​Natural Gas Available,​Phone Available,​Sewer Connected,​Water Connected
  • Water Source: Public
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 7

Financial Features

  • CapRate: 8
  • Gross Scheduled Income: 82,800
  • Insurance Expense: 2,000
  • Net Operating Income: 68,635
  • Operating Expense: 14,165
  • Other Expense: 843
  • Price Per SqFt: 369.72
  • Professional Management Expense: 750
  • Total Expenses: 13,105
  • Trash Expense: 5,941
  • Vacancy Allowance: 3
  • Water Sewer Expense: 2,398
  • Tax Block: 173
  • Tax Lot: 2
  • Licenses Expense: 191
  • New Taxes Expense: 14,000
  • Pest Control Expense: 572
  • Tenant Pays: Electricity,​Gas,​Telephone
  • Total Actual Rent: 6,900

Community Features

  • Community Features: Curbs,​Gutters,​Sidewalks,​Storm Drains,​Street Lighting,​Suburban

Miscellaneous Features

  • Building Area Total: 3,240
  • Building Area Units: Square Feet
  • Days On Market: 14
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 14
  • Lot Dimensions Source: Assessor
  • Tax Tract Number: 4,028

Location

 
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Directions to 804 E 9th Street, Pomona, CA 91766
Cross Streets: Town Ave and 9 th street
Listing information for 804 E 9th Street, Pomona, CA 91766 was graciously provided by our friends at the listing brokerage, Brian Barr and by listing agent Barr Brian DRE# 00942605

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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 7:42am
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