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JABEZ REALTY
1133 S Park AVE, Pomona, CA 91766
- $798,000
Listed by Stephen Eng, from Universal Elite Realty
(If provided) CoList: from
- List Price
- $798,000
- MLS#
- CRAR26172659
- Status
- ACTIVE
- Lot Size
- 5,822
- Listing Area
- 687 - Pomona
Property Description
Recently renovated, low-maintenance triplex offering stabilized income and substantial rental upside in Pomona. Situated on an approximately 5,796-square-foot fenced lot, this 2,016-square-foot multifamily property generates over $60,000 in gross annual income from stable long-term tenants. The current cap rate is approximately 6%, with a projected pro forma cap rate exceeding 7% and more than 20% potential rental upside. All three units have been updated with newer faux-wood flooring, updated windows, bright open floor plans, spacious living areas, modern bathrooms, and refreshed kitchens featuring shaker-style cabinetry, solid-surface countertops, stainless-steel sinks, and newer ranges. Additional interior highlights include generously sized bedrooms, dedicated closets, mini-split heating and air conditioning, distinctive spiral staircases, and vaulted bedroom ceilings. Each unit is separately metered for electricity and gas and has its own independent water heater, helping simplify utility management. Recent property improvements completed within the last three years include a newer roof, newer windows, newer water heaters, and newer exterior wood siding. The property also features gated grounds, a small lawn, an outdoor storage shed, four-car covered carport parking, addit
Additional Information
- Amenities
- Other
- Cooling System
- Heat Pump, Other
- Heating System
- Heat Pump
- Laundry Facilities
- Laundry Area, Community Facility
- Lot Description
- Grade - Level
- Lot Size
- 5,822
- Neighborhood
- 687 - Pomona
- Numberof Units
- 3
- Pool Description
- None
- Unincorporated Yn
- Yes
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