780 E 9th St, Pomona, CA 91766

780 E 9th St, Pomona, CA 91766

Pomona, CA

Property Description

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<div class=”col-sm-12″>Lyon Stahl Investment Real Estate as the exclusive listing broker is pleased to present an opportunity to acquire a 4-Unit building that is situated on a 9,754 square foot lot located at 780 East 9th Street, Pomona, CA.</div>
<div>The subject property is composed of (2) 2-bedroom/1-bath units and (2) 1-bedroom/1-bathroom units.</div>
<div>New roof.</div>
<div>New electrical boxes.</div>
<div>New mainline plumbing.</div>
<div>There is a 2 car garage available in the back of the building with plenty of other onsite parking. Gas &amp; electric are individually metered and the tenants pay for all the utilities. There is also a washer and dryer on the property generating $50 monthly income for the owner.</div>

Property Features

  • Sale Price: $689,999
  • Area Size: 3,056 SF
  • Land Area: 9,813 SF
  • Year Built: 1927
  • Listing Date: 8/6/20
  • Units: 4
  • Current GRM: 14.54
  • Current Cap Rate: 4.36%
  • Price Per Unit: $196,250
  • Market GRM: 10.38
  • Market Cap Rate: 6.97%
  • Current NOI: $33,783

Lyon Stahl Investment Real Estate

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