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808 N Myrtle Avenue, Pomona, CA 91768
$1,185,000
808 N Myrtle Avenue, Pomona, CA 91768View this property at 808 N Myrtle Avenue, Pomona, CA 91768
808 N Myrtle AvenuePomonaCA91768
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Property Description
Private Seller Financing available! We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Pomona. The subject property is comprised of 100% single story construction and offers a unit mix of a 2Bed/1Baths single-story detached cottage, and four additional 1Bed/1Baths units. The rental units are situated on a large 18,934 SqFt lot that is in a predominantly residential neighborhood. Tenants pay for electricity and gas while the owner pays for water and trash. Tenants enjoy onsite garage and car-port parking. A savvy investor can look to reposition the property and take advantage of the 37% upside in rental income! The seller is willing to provide private seller financing with the following terms: 40% down payment, 7 year term, 5% interest only payments, no pre-pay penalty.
Full Property Details
Full Property Details for 808 N Myrtle Ave
General
- Sold For: $1,185,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV23059992
- Added to Site: 432 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: 687 - Pomona
- County: Los Angeles
- Development Name: 687 - Pomona
- Driving Directions: South of I-10, East of CA-57; Near the Intersection of W Wilson St & N Myrtle Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,011
- Year Built: 1957
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
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
Lot Features
- Lot Size (Acres): 0.4347
- Lot Size Source: Assessor
- Zoning: POR1YY
- Lot Description: 2-5 Units/Acre, Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $393.56
- Price Per Unit: 235000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
Listed by Re/Max 2000 Realty, KRISTOPHER GERMAN
Sold by Nonmember Mrml, General NONMEMBER
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Schools
Schools serving 808 N Myrtle Ave
School District:Pomona Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
701 N Huntington Blvd, Pomona, CA 91768 | PK-5 | 0.2 mi | |
1921 Arroyo Ave, Pomona, CA 91768 | 6-8 | 1.1 mi | |
1151 Fairplex Dr, Pomona, CA 91768 | 9-12 | 1.3 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 808 N Myrtle Ave
Date
Details
Price
Change
Source
5/31/2023
Sold
$1,185,000
0.85%
MLS
4/11/2023
Listed
$1,175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
808 N Myrtle Avenue, Pomona, CA 91768 (MLS# CV23059992) is a Multi-Family property that was sold at $1,185,000 on May 31, 2023. Want to learn more about 808 N Myrtle 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.