894 N Towne Avenue Pomona, CA 91767

Buyers can live in 1 and rent out the other 2 units for a reduced mortgage! Fabulous investment property a few blocks away from the historic Lincoln Park Area. This property consists of 3 separate freestanding homes on a corner lot, each with its own single-car garage. 894 Towne, 610, & 612 Alvarado are separately metered for electric and gas and have had many recent upgrades within the last 2 years including flooring, lighting, paint, kitchen, and bathroom upgrades. 894 Town and 610 Alvarado have laundry hook-ups for convenience. All 3 homes are currently rented for below market value and there is potential for value add. These units have been meticulously well maintained and it shows. This gem is perfect for someone looking to live in 1 and rent out the others for additional income OR the investor that is looking for passive income. There is also possible potential for a fourth unit through a garage conversion but please check with the City of Pomona. All units are occupied with long-term tenants in good standing on month-month leases. These homes have easy access to the 10, 57, and 60 freeway and are minutes away from the Metrolink railway system, the Claremont Colleges, Cal Poly Pomona, and Downtown Pomona. Pomona Valley Hospital is situated within walking distance.
Buyers can live in 1 and rent out the other 2 units for a reduced mortgage! Fabulous investment property a few blocks away from the historic Lincoln Park Area. This property consists of 3 separate freestanding homes on a corner lot, each with its own single-car garage. 894 Towne, 610, & 612 Alvarado are separately metered for electric and gas and have had many recent upgrades within the last 2 years including flooring, lighting, paint, kitchen, and bathroom upgrades. 894 Town and 610 Alvarado have laundry hook-ups for convenience. All 3 homes are currently rented for below market value and there is potential for value add. These units have been meticulously well maintained and it shows. This gem is perfect for someone looking to live in 1 and rent out the others for additional income OR the investor that is looking for passive income. There is also possible potential for a fourth unit through a garage conversion but please check with the City of Pomona. All units are occupied with long-term tenants in good standing on month-month leases. These homes have easy access to the 10, 57, and 60 freeway and are minutes away from the Metrolink railway system, the Claremont Colleges, Cal Poly Pomona, and Downtown Pomona. Pomona Valley Hospital is situated within walking distance.