Est. cap rate

3.0%

Assumed rent, all units

$6,000/mo

Units

3

Price per unit

$398,333

Est. annual NOI

$36,000

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,085 sqft

Lot size

7,631 sqft

Year built

1947

Stories

1

Garage spaces

2

Style

Traditional

Heating

Forced Air,Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

1

MLS #

246694403

About this property

Stunningly 3bd Home plus ADU & JADU with Front home Delivered Vacant! This beautifully upgraded property totals 2,085sf, comprised of a front 3/2 house, a 1/1 ADU, and a studio JADU—thoughtfully remodeled with high-end finishes and modern systems - In 2023, New Roof, 400 Amp Electrical, Copper Plumbing, & Sewer Lines. The main 3/2 house is 1,184sf, will be delivered vacant, and is bright & airy throughout featuring real hardwood flooring, dual pane windows w/ blinds, recessed lighting, and central air/heat. The stylish kitchen offers shaker cabinetry, quartz countertop, stainless steel appliances, a custom tile backsplash, and sleek black modern finishes. Both the primary & hallway baths have been tastefully designed, and all the bedrooms are spacious and equipped with ceiling fans. Ample natural light, generous storage, and dedicated laundry area complete this upgraded home. The 645sf ADU and 256sf JADU are currently rented with stable tenants, and both units offer spacious layouts with an open concept kitchen that flows into big living areas with luxury vinyl flooring throughout, sliding doors, recessed lighting, mini split AC units; and each with full bathrooms with cute vanities, custom tiles, and big walk in showers. On an impressive 7,631sf lot zoned R3, the front & back yards have been impeccably landscaped with artificial lawn, drought tolerant plants, and a beautiful pergola on a nice concrete pad for the ultimate common area to relax and host gatherings. Other notable features include tankless water heaters, separate electrical meters, drip irrigation system, an automated gate for added security, an extended driveway for maximum parking, and a 2 car garage that will also be delivered empty for a new owner. Situated in a quiet Pomona neighborhood near Washington Park Community Center, local schools, and just minutes from Downtown, Pomona College, LA County Fairgrounds, and Bonelli Park.

Location

783 E Grand

Pomona, Los Angeles, CA, 91766