530 578 Curran PL Active Save Request In-Person Tour Request Virtual Tour
Pomona,CA 91766
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRAR25185110
Year Built 1962
Lot Size 0.984 Acres
Source California Regional MLS
Property Description
OVER 6% CAP RATE - 530-578 Curran Place & 1584 W Mission Blvd, Pomona - a beautifully maintained and extensively upgraded 28-unit multifamily investment opportunity in the heart of Pomona. This attractive, value-add asset is situated on a generous 0.98-acre lot and delivers an attractive 6.01% in-place CAP Rate with significant rental upside through strategic lease-up and repositioning. With its strategic location near many major destinations in the area (CAL Poly Pomona, Claremont Colleges, etc.) and its superb curb appeal, this investment offers a stable & attractive return for a savvy investor. The property consists of 2 lots (530 Curran Pl - 24 units, and 1584 W Mission Blvd - 4 units) and comprised of six separate buildings totaling approximately 22,712 square feet and features a superb unit mix of 24 large two-bedroom/one-bath units and 4 one-bedroom/one-bath units - all with individually metered gas and electric. The property has excellent amenities such as secured entrance, fenced swimming pool, professionally landscaped yards, mature olive and palm trees, coin-operated laundry room, individual storage for most units, and 2 additional storage rooms for the owner. The property boasts recent capital improvements including repaired, reinforced, and repainted perimeter fe
Location
State CA
County Los Angeles
Area 687 - Pomona
Rooms
Kitchen Garbage Disposal,Oven Range - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Laundry Area,Washer/Dryer - Leased,Community Facility
Exterior
Parking Features Assigned Spaces,Carport ,Detached Garage,Other
Garage Spaces 30.0
Pool 31,Pool - Yes,Community Facility
View City Lights
Roof Type Shingle
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 8349004027
Special Listing Condition Not Applicable