912 W 3rd St, Pomona, CA 91766
912 W 3rd St, Pomona, CA 91766
912 W 3rd St, Pomona, CA 91766
912 W 3rd St, Pomona, CA 91766
912 W 3rd St, Pomona, CA 91766
912 W 3rd St, Pomona, CA 91766
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$ 995,000
Est. payment | /mo

5 Beds

4 Baths

2,699 SqFt


Save
$ 995,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,699 SqFt

Open House

Sat Jun 06, 9:00am - 11:00am

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,699 sqft

Price per Sqft $368

MLS Listing ID 26832815

Bedrooms 5

Year Built 1938

Lot Size 6,786 Sqft

Acres 0.1558

Property Sub-Type Multi-Family

Property Description

OPEN HOUSE THIS SATURDAY, JUNE 6th FROM 9:00 AM to 11:00 AM - 912 W 3rd Street is a fully renovated charming 4-plex with approved plans for a 2-bed/2-bath ADU, delivered mostly vacant in one of Pomona's fastest-growing neighborhoods. 3 of 4 bungalows will be delivered vacant and fully upgraded, featuring new bathrooms, updated kitchens, modern appliances, fresh paint, new flooring, contemporary finishes, storage room, + private yards. The property will include approved ADU plans, allowing an investor to begin construction immediately and add significant value. Once leased, the property will operate at an impressive 6.84% cap rate before even factoring in the ADU. After construction, it projects a 7.46% cap rate and a 10.07 GRM (including build costs), making this an exceptional investment. Whether you're an investor or an owner-user, this 4+1 asset offers immediate strong cash flow, plus the upside of additional equity through ADU development. Prime Location: Minutes from Downtown Pomona's Arts Colony, Western University of Health Sciences, Pomona Valley Hospital, the Metrolink Station, and with direct access to the 10 and 71 freeways. *The sqft reflected represents the ADU conversion.

Location

State CA

County Los Angeles

Area Pomona

Zoning POC3*

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Laundry In Unit

Exterior

Parking Features Other

Building

Water Public

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist | RE. Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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912 W 3rd St