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530-578 Curran Pl
Pomona, CA 91766
28-unit 6.01% CAP-Beautifully Maintained · Multifamily Property For Sale
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28 Units
Investment Highlights
- Attractive 6.01% CAP Rate with 8.73% Proforma CAP Rate; good cash flow and return
- Strategically located near many destinations in East San Gabriel Valley such as: Cal Poly Pomona (3.5 mi), University of La Verne (4.4 mi), Claremon
- Six-building Complex: approximately 22,712 square feet across six separate buildings situated on a generous 0.98-acre lot
- Beautifully maintained asset offering easy management and easy to rent property
- Excellent unit mix with 85% are large 2-bedroom units; average unit size is 811SF (buyer to verify)
- Extensive capital improvements: ±15 units have been remodeled (smooth ceiling, recessed lightings, new kitchen, and new laminate flooring); full per
Property Facts
| No. Units | 28 | Building Size | 22,712 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 0.98 AC | ||
| Zoning | POT3* - restricted Density Multiple Dwelling | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 22,712 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.32/1,000 SF |
| Zoning | POT3* - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Storage Space
- Heating
- Oven
- Range
Site Amenities
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Playground
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 24 | - | 800 - 850 |
| 1+1 | 4 | - | 700 - 800 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,143,543 | |
| Land Assessment | $3,980,868 | Total Assessment | $6,124,411 |
Property Taxes
Parcel Numbers
Land Assessment
$3,980,868
Improvements Assessment
$2,143,543
Total Assessment
$6,124,411
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