320 E Pearl, Pomona, CA 91767
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320 E Pearl, Pomona, CA 91767
320 E Pearl, Pomona, CA 91767
320 E Pearl, Pomona, CA 91767
320 E Pearl, Pomona, CA 91767
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320 E Pearl Pomona, CA 91767

7,592 Sqft Lot


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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26207298

HOA Y/N No

Year Built 1981

Annual Tax Amount $12,425

Lot Size 7,592 Sqft

Property Sub-Type Quadruplex

Property Description

Excellent four-unit residential income property in Pomona with strong current rental income. The property is currently generating approximately $7,730 in total monthly rental income, or approximately $92,760 annually, providing four separate income streams. The two-story quadruplex offers approximately 3,500 square feet of total building area on a generous 7,591 square foot lot.

All four units have been progressively updated and remodeled within the past five years, including newer flooring and kitchen cabinetry. The building's roof was replaced within the past five years, and the entire exterior of the building was also repainted within the past five years. These recent improvements provide added value and reduce near-term capital improvement concerns.

Each unit is assigned one covered parking space and one additional uncovered parking space, providing two parking spaces per unit. The property also features a convenient on-site laundry facility with coin-operated washers and dryers under a third-party laundry service arrangement. This well-maintained quadruplex offers strong existing rental income, four separate income streams, ample parking, and potential for future income growth. Conveniently located near shopping, restaurants, schools, transportation, and major freeways.

Buyer to independently verify all property information, including square footage, unit configuration, permits, zoning, rental information, and other property details.

The property is fully tenant occupied; interior showings are available only after acceptance of an offer and by appointment with advance notice to coordinate with all tenants.

Location

State CA

County Los Angeles

Area 687 - Pomona

Zoning por4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Gas Water Heater, Water Heater

Laundry Common Area

Exterior

Parking Features Assigned

Carport Spaces 4

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8337013023

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by HANG TAO Pacific Sterling Realty/San Gabriel 626-321-0321, DRE #02052821
Noheli Jimenez

Noheli Jimenez

Agent License ID: 02190147

+1(323) 501-5260

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320 E Pearl