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252 San Francisco Avenue, Pomona, CA 91767
$1,200,000
252 San Francisco Avenue, Pomona, CA 91767View this property at 252 San Francisco Avenue, Pomona, CA 91767
252 San Francisco AvenuePomonaCA91767
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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.
Full Property Details
Full Property Details for 252 San Francisco Ave
General
- Sold For: $1,200,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV23214289
- Added to Site: 200 day(s) ago
Rooms
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
Location
- Area: 687 - Pomona
- County: Los Angeles
- Development Name: 687 - Pomona
- Driving Directions: South of I-10, East of CA-71; Near the Intersection of Bradford St & San Francisco Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,377
- Year Built: 1937
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1805
- Lot Size Source: Assessor
- Zoning: POR4YY
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $355.34
- Price Per Unit: 187500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed and Sold by Re/Max 2000 Realty, Kristopher German
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Schools
Schools serving 252 San Francisco Ave
School District:Pomona Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1200 N Gordon St, Pomona, CA 91768 | PK-6 | 0.4 mi | |
635 Lincoln Ave, Pomona, CA 91767 | 6-8 | 0.6 mi | |
475 Bangor St, Pomona, CA 91767 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 252 San Francisco Ave
Date
Details
Price
Change
Source
12/07/2023
Sold
$1,200,000
6.67%
MLS
11/20/2023
Listed
$1,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
252 San Francisco Avenue, Pomona, CA 91767 (MLS# CV23214289) is a Multi-Family property that was sold at $1,200,000 on December 07, 2023. Want to learn more about 252 San Francisco Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pomona? You can browse all Pomona real estate or contact a Coldwell Banker agent to request more information.