Listed By:
Kristopher German with RE/MAX 2000 REALTY; 909-645-0443
252 San Francisco Avenue, Pomona, CA
$ 1,125,000
Property Attributes
  • MLS#CV23214289
  • TypePending
  • CityPomona
  • AreaPomona
  • Zip91767
  • StyleApartment
  • Price$ 1,125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3377
  • Lot Size7,863 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

PRIVATE SELLER FINANCING WITH 25% DOWN!!! We are pleased to exclusively for sale this 6 Unit multi-family residential property in the city of Pomona. Comprising six units with a mix of: two 2Bedroom/1Bathroom cottages, and four 1bedroom/1Bathroom units, this property is ideal for investors seeking a value-add project. Each unit is separately metered for gas and electricity, enhancing ease of management. The 5 on-site garage parking spaces offer additional potential for income through ADU conversions (buyer to confirm with the proper city authorities.) The financials are compelling with a current GRM of 13.19 and a cap rate of 5.19% with an additional 50% upside in Rental Income, indicating a solid investment with room for increased cash-flow and appreciation. The seller's financing terms are attractive: 25% down payment, interest-only payments at 7% rate, with the loan due and PAYABLE in 5 years. This is an excellent opportunity for investors looking to expand their portfolio with a property that offers significant upside potential in a desirable location.

Price History
11/21/2023 Listed $1,125,000

General Features

Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Building Area Units SquareFeet
Carport Y/N No
City Pomona
Community Features Curbs, Gutters, Sidewalks
County Los Angeles
Days on Market 7
Directions South of I-10, East of CA-71; Near the Intersection of Bradford St & San Francisco Ave
Electric Expense 0.0
Entry Location 1
Fuel Expense 0.0
Garage Spaces 5.0
Garage Y/N Yes
Gross Income 85320.0
Home Warranty Y/N No
Insurance Expense 3000.0
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels Two
Listing Terms Cash, CashtoNewLoan, OwnerMayCarry
Lot Size Square Feet 7864.0
MLS Area 687 - Pomona
Maintenanceexpense 4500.0
Mobilehomeremainsyn No
Net Operating Income 55625.0
New Construction No
Number of Units Leased 6
Open Parking Spaces 2.0
Operating Expense 27136.0
Pool Features None
Private Pool No
Property Attached Y/N Yes
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type ResidentialIncome
Rent Control Y/N Yes
Senior Community Y/N No
Sewer PublicSewer
Special Listing Conditions Standard
Standard Status Pending
Status Pending
Stories 2
Street Name San Francisco
Tax Lot 30
Taxes 13180.0
Tenant Pays Electricity, Gas
Total Actual Rent 7110.0
Total Units 6
Trash Expense 3156.0
View Y/N No
Water Sewer Expense 2400.0
Waterfront Y/N No
Year Built 1937
Year Built Source Assessor
Zoning POR4YY

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Common Walls Item2CommonWalls
Electric On Property Y/N No
Entry Level 1
Fireplace Y/N No
Heating Y/N No
Laundry Features InKitchen
Street Suffix Avenue
Total Stories 2

Exterior Features

Building Area Total 3377.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Features Item25UnitsAcre
Lot Size Acres 0.1805
Lot Size Area 7864.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Number of Buildings 3
Number of Separate Electric Meters 6
Number of Separate Gas Meters 6
Number of Separate Water Meters 1
Open Parking Y/N No
Spa No
Total Parking 7.0
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 91767

AVG $570K
AVG 16
Data Provided by Inside Real Estate®
Year Built
AVG 1961

Areas We Cover