$975,000
$975,000
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890 S Hamilton Boulevard Pomona, CA 91766
6 Beds
6 Baths
0.26 Acres Lot
Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV23171901
Bedrooms 6
Lot Size 0.258 Acres
Property Description
This property, meticulously crafted by the original builder, has now made its debut in the market for the very first time since its construction. The units are two-story townhouse style units, located in a prime rental area, and the seller is offering very attractive private seller financing. Residents benefit from the convenience of private garage parking, along with the luxury of private backyards and interior laundry hookups. While tenants are responsible for electricity and gas expenses, the seller covers water and trash fees. Despite the commendable property management by the owner, rental rates have been kept overly conservative, thereby presenting the next investor with a significant upside potential of over 57% in rental income. Seller private financing terms; 30% down payment, 7% interest-only payments, due in 5 years.
This property, meticulously crafted by the original builder, has now made its debut in the market for the very first time since its construction. The units are two-story townhouse style units, located in a prime rental area, and the seller is offering very attractive private seller financing. Residents benefit from the convenience of private garage parking, along with the luxury of private backyards and interior laundry hookups. While tenants are responsible for electricity and gas expenses, the seller covers water and trash fees. Despite the commendable property management by the owner, rental rates have been kept overly conservative, thereby presenting the next investor with a significant upside potential of over 57% in rental income. Seller private financing terms; 30% down payment, 7% interest-only payments, due in 5 years.
Location
State CA
County Los Angeles
Area Pomona (91766)
Zoning Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Monthly Total Fees $72
Acceptable Financing Cash
Space Rent $1,630
Listing Terms Cash
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Bought with Botthyda Chan • Re/Max Top Producers