602 Karesh Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
602 Karesh Ave
6 Unit Apartment Building $1,320,000 ($220,000/Unit) 5% Cap Rate Pomona, CA 91767
Executive Summary
Great opportunity for the investor . Nice building with incredible upside potential in the rents . All 6 unit have one bedroom and one bathroom with new carport parking .Current cap rate is 5% . Lot Size : 6,987 . Building Square Feet :3838 . Property
15 minute drive distance to the Western University Of Health Sciences . Good location . Bank required 50% down payment to get
the loan approval. Seller is highly motivated, negotiable price, bring all offers!
15 minute drive distance to the Western University Of Health Sciences . Good location . Bank required 50% down payment to get
the loan approval. Seller is highly motivated, negotiable price, bring all offers!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,320,000 | Building Class | C |
| Price Per Unit | $220,000 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,838 SF |
| Cap Rate | 5% | Average Occupancy | 100% |
| Gross Rent Multiplier | 13.72 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 1.56/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | $1,320,000 |
| Price Per Unit | $220,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Gross Rent Multiplier | 13.72 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,838 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.56/1,000 SF |
| Opportunity Zone |
Yes |
1 of 1
PROPERTY TAXES
| Parcel Number | 8323-029-001 | Improvements Assessment | $416,160 (2024) |
| Land Assessment | $624,240 (2024) | Total Assessment | $1,040,400 (2024) |
PROPERTY TAXES
Parcel Number
8323-029-001
Land Assessment
$624,240 (2024)
Improvements Assessment
$416,160 (2024)
Total Assessment
$1,040,400 (2024)
zoning
| Zoning Code | POR301 (APARTMENT) |
| POR301 (APARTMENT) |
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
602 Karesh Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.