324 N Palomares Street

Pomona, CA 91767
$725,000
0.14 acres | #CV24176920
Courtesy of RE/MAX 2000 REALTY

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
      • Stories:1
      • Lot description:TwoToFiveUnitsAcre
      • Acres:0.1382
      • Property type:Multi-Family
      • Year built:1895
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$725, 000
      • MLS #:CV24176920
      • Cost:725000
      • Property subtype:Duplex
      • MLS #:CV24176920

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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