1330 S Reservoir Street, Pomona, California 91766, Pomona, - bed, bath
ACTIVE$1,050,000
1330 S Reservoir Street, Pomona, California 91766
0Bed
0Bath
1,870Sqft
8,640Lot
Year Built
1957
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25104896
Home ConditionGood
Features
View-
About this home
3 Unit Triplex Apartment conveniently located minutes from the 60Hwy. All 3 units were recently remodeled and updated with new flooring, new bathrooms and New HVAC. Each unit has a garage. Entire property is gated for security. There are a total of 4 tenants... each unit is leased and part of the property is leased to the business next door. Property is turn-key and perfect for an investor to continue collecting rent.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,870 | 1,870 | 50% |
| Lot Size | 8,640 | 7,339 | 71% |
| Price | $1.05M | $768K | 71% |
| Price per square foot | $561 | $446 | 71% |
| Built year | 1957 | 1960 | 43% |
| HOA | |||
| Days on market | 177 | 177 | 50% |
Condition Rating
Good
The property is described as recently remodeled with new flooring, bathrooms, and HVAC. The images show updated bathrooms with new tile and fixtures. The kitchens appear functional with updated cabinets and countertops, although the appliances are not clearly visible. Given the age of the property (built in 1957) and the recent remodeling, it is likely that the major systems are in good condition. Overall, the property appears to be in good, move-in ready condition.
Pros & Cons
Pros
Turn-Key Investment: The property is ready for immediate rental income generation, ideal for investors seeking a hassle-free acquisition.
Recently Remodeled Units: All three units have been recently updated with new flooring, bathrooms, and HVAC systems, reducing potential maintenance costs.
New HVAC: All units have new HVAC systems.
Garage Parking: Each unit includes a garage, providing tenants with secure parking and storage space.
Secure Gated Property: The entire property is gated, enhancing security and tenant safety.
Cons
Additional Tenant: There are a total of 4 tenants, one of which is a business next door. This could be a risk.
Age of Property: Built in 1957, the property may require ongoing maintenance and potential upgrades in the future despite recent renovations.
Leased to Business: Part of the property is leased to the business next door, which may limit future development or usage options.