Listing Agent: John Balsz      Broker/Office: King Realty Group Inc
726 Franklin W Pomona CA 91766
$ 950,000
  6   |    4   |    2431 Sq Feet

Listing ID

#TR26218349

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1963

Days on website

5

Description
Exceptional income-producing opportunity in a prime Pomona location! Conveniently situated just minutes from the 71 and 60 Freeways, this fully remodeled multi-family property offers easy access to shopping and dining. Set on a spacious 8,225 sq. ft. lot, the property features 6 bedrooms and 4 bathrooms with a versatile configuration currently offering four separate living spaces, each with private entrances. Room configurations include; Two 2-bedroom, 1-bath units with living rooms, One 1-bedroom, 1-bath unit with living room, One 1-bedroom, 1-bath unit. The entire property was comprehensively renovated with permits approximately two years ago and includes numerous upgrades, including: new flooring throughout, modernized kitchens and bathrooms, upgraded electrical panel, new water heater, new insulation and countless improvements throughout. The detached garage has completed plans for conversion into a 2-bedroom, 1-bath ADU, and the expansive backyard may provide the opportunity for an additional ADU, subject to city approval. This property presents a rare opportunity to maximize returns in a highly desirable location. Don't miss this unique income-generating property with significant future upside potential.
Location
Financial Information
List Price:  $ 950000
Property Features
Community Features:  Sidewalks
Heating:  Central
High School:  Pomona
High School District:  Pomona Unified
Laundry Features:  Outside
Levels:  One
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School:  Pomona
High School District:  Pomona Unified
MLS Area Major:  687 - Pomona
City:  Pomona
Senior Community YN:  false
Listed By:   John Balsz   King Realty Group Inc 
CA Lic#