34.06739 -117.74964

206 E Alvarado Street Pomona, CA 91767

241123506 34.06739 -117.74964 124 /listing/241123506-150125212/206-e-alvarado-street-pomona-ca-91767 False 0 3999000.0 105 CV19127626 False
  • $3,999,000
  • 0.41 lot
  • Est payment $21467.5/mo

Property & Neighborhood Info

Courtesy Of DAVID COVARRUBIAS, MARCUS & MILLICHAP

Multi-Family in Pomona

Current Cap Rate of 4.94% and 12.77 GRM. The Casa Bonita Apartments, a 20 unit investment opportunity located in Pomona, California The asset rests on a 0 40 acre lot and is located South of Interstate 10 and East of Garey Avenue Casa Bonita was built in 1928 updated in 2018 and consists of 8 studio/one bathroom and 12 one bedroom/one bathroom floorplans Along with its Spanish style architecture, the property features gated access that opens to a well manicured courtyard. Approximately 18 units have been updated and feature new vinyl/plank flooring, new kitchen cabinets, countertops and paint. All units are individually metered for electricity and mastered metered for gas and central water heater. The buildings exterior has recently been painted and features newlandscape and light fixtures. Parking consists of 10 covered/gated spaces that are accessible by way of a rear alley There is also ample on street parking in the front and on the side of the property Laundry is on site and includes two sets of leased washer and dryers.

Courtesy Of DAVID COVARRUBIAS, MARCUS & MILLICHAP
  1. 0.41 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1928
  • Floors: 2
  • County: Los Angeles
  • Units: 20
  • Zoning: POR4YY
  • MLS Number:CV19127626

Additional Features

  • Laundry:
    • Common Area
  • Common Walls:
    • 2+ common walls
  • Levels:
    • Two
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 16-20 Units/Acre
  • Pool Features:
    • None
  • Parking Spaces:
    • 0.00
  • Sewer:
    • Unknown
  • Community Features:
    • Suburban
  • Number of Buildings:
    • 1
  • Gross Income:
    • 307246.00
  • Net Operating Income:
    • 197471.00
  • CDOM:
    • 108
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 2500.00
  • Gross Operating Income:
    • 307246.00
  • Insurance Expense:
    • 4000.00
  • Lot Size Acres:
    • 0.4100
  • Lot Size Area:
    • 0.4100
  • Lot Size Square Feet:
    • 17859.60
  • Maintenance Exp:
    • 15000.00
  • Number Of Units Leased:
    • 20
  • Operating Expense:
    • 109775.00
  • Other Income/Mo:
    • 3500.00
  • Price Per SQFT:
    • 283.38
  • Tax ID:
    • 8336005011
  • Total Expenses:
    • 109775.00
Neighborhood info courtesy of Homes.com © 2019

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$38,769.95*
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Larry M. Black
Larry M. Black
BROKER
DOUGLAS MCCAULEY
DOUGLAS MCCAULEY
P.O. BOX 4252 Chino Hills and Diamond Bar Diamond Bar CA 91765
34.06739 -117.74964

206 E Alvarado Street Pomona, CA 91767

241123506 34.06739 -117.74964 124 /listing/241123506-150125212/206-e-alvarado-street-pomona-ca-91767 False 0 3999000.0 105 CV19127626 False
  • $3,999,000
  • 0.41 lot
  • Est payment $21467.5/mo