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735 Karesh Ave
Pomona, CA 91767
735-757 Karesh Ave Pomona 12 Units Apartment · Multifamily Property For Sale · 12 Units

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 7,676 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Parking Ratio 1.56/1,000 SF
Zoning R301, Pomona

Amenities

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Kitchen
  • Double Pane Windows

Site Amenities

  • Laundry Facilities

About 735 KARESH AVE , POMONA, CA 91767

For 735 - 757 Karesh Pomona (APN# 8323028004 & # 8323028003) are Great Opportunity Well Maintained 12 Units situated in the highly desirable rental market of Pomona for Investors. No Rent Control. 100% Occupancy. The apartment was renovation in year 2018 for the interior and exterior of the building with New Windows . All One Bedroom with One Bath. Gated Community with Carport Parking in the Back. On-Site Laundry Room . For 735 Karesh Ave Pomona CA 91767 (APN# :8323028004) (6 Units) - Monthly Gross Income is $ 6,463. Annual Gross Schedule Income is $ 77,556. Annual Expense is $ 14,746. Net Operating Income is $ 62,810. Current Cap Rate: 4.9%. New Investor take advantage of the approximately 20% upside in rents and stabilize the asset to enjoy abundant cash-flow. Tenants Pay for Electricity and Gas . 6 electric Meters and 6 Gas Meter. For 757 Karesh Ave Pomona CA 91767 (APN #: 8323028003) (6 Units) , Monthly Gross Income is $ 6,204. Annual Gross Schedule Income is $ 74,448. Annual Expense is $ 14,510. Net Operating Income is $ 59,938. Current Cap Rate: 4.68%. New Investor take advantage of the approximately 25% upside in rents and stabilize the asset to enjoy abundant cash-flow. Tenants Pay for Electricity and Gas . Easy to Access Super Market and Freeway 10 & 60.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 $1,090 635

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 8323-028-003
  • 8323-028-004
Land Assessment
$1,367,054
Improvements Assessment
$1,093,640
Total Assessment
$2,460,694
  • Listing ID: 12410079

  • Date on Market: 4/29/2018

  • Last Updated:

  • Address: 735 Karesh Ave, Pomona, CA 91767

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