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Listed by Lance Dang • eXp Realty of California Inc
$ 1,275,000
Est. payment /mo
Active Under Contract
871 W Wilson Pomona, CA 91768
3,307 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,307 sqft
Price per Sqft $385
MLS Listing ID CROC25228345
HOA Y/N No
Year Built 1900
Lot Size 0.300 Acres
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
4 Units on a Huge Lot! An excellent investment opportunity with strong returns. This property offers three 2BR/1BA units and one 3BR/2BA unit, all single story. Features include 3 single-car garages plus 8 additional on-site parking spaces. The building offers an ideal unit mix: Unit 871 (Front): 2 bedrooms, 1 bath. Unit 875 (Front): 3 bedrooms, 2 baths. Unit 873 (Back): 2 bedrooms, 1 bath, Built in 1956. Unit 877 (Back): 2 bedrooms, 1 bath, Built in 1956. Each unit is equipped with in-unit washer and dryer hookups and its own private yard, boosting tenant appeal and long-term rental stability. All four units were fully remodeled inside and out in 2022, offering modern finishes, high rental rates, and low operating expenses-currently delivering a 7%+ cap rate. Located in a quiet residential neighborhood with easy access to the 10 Freeway, LA County Fairgrounds, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College. A turnkey, income-producing asset in a prime location!
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Appliance Gas Water Heater
Laundry Gas Dryer Hookup, Other, Inside
Building
Lot Description Other, Back Yard, Landscaped
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