Pomona, CA 91768,601 Wisconsin ST
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Pomona, CA 91768,601 Wisconsin ST
Pomona, CA 91768,601 Wisconsin ST
Pomona, CA 91768,601 Wisconsin ST
Pomona, CA 91768,601 Wisconsin ST

$4,100,000

Est. payment /mo

$4,100,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

601 Wisconsin ST Pomona, CA 91768

0.46 Acres Lot

SOLD DATE : 04/05/2024

Key Details

Sold Price $4,100,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23221841

Sold Date 04/05/24

HOA Y/N No

Year Built 1963

Lot Size 0.459 Acres

Property Description

6.15% CAP Rate!...11.73 GRM!...Turn-Key Asset!...Need we say more? We are pleased to exclusively offer for sale this 15 unit multi-family asset in the city of Pomona. Recent property improvements include: 12 of the 15 rental units have been totally remodeled consisting of recessed lighting throughout, lavish kitchens with natural stone counters & shaker style cabinetry, new range ovens, new wood laminate flooring throughout, fully remodeled restrooms with modern vanity and fiberglass shower surround, new mirrored wardrobe closets, and new wall A/C & heater installed. ALL rental units received new entry doors, new dual pane windows, and copper plumbing throughout. The unit mix consists of 1(2Bed+Den/1.5Bths), 7(2Bed/1.5Bths), and 7(1Bed/1Baths). Tenants enjoy onsite car-port parking, private gated entry with remote, and an onsite laundry facility which is technologically equipped and App-Enabled. Priced at a current 6.15% CAP Rate and 11.73 GRM (based on current rental income) this property offers a new investor not only a significant cash return on Day 1, but an investment property that has been meticulously maintained with little future maintenance required.

Location

State CA

County Los Angeles

Area 687 - Pomona

Zoning POT3VV

Interior

Fireplace No

Laundry Common Area, Inside

Exterior

Carport Spaces 15

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 15

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 8340018019

Energy Description 4200.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kristopher German • RE/MAX 2000 REALTY • 909-645-0443
Bought with Kristopher German • RE/MAX 2000 REALTY

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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