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602 Karesh Ave
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602 Karesh Ave
6 Unit Apartment Building $1,320,000 ($220,000/Unit) 4.89% Cap Rate Pomona, CA 91767

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EXECUTIVE SUMMARY
Great opportunity for investor . All 6 unit 100% fully occupied . Property has upside potential to increas the rental . Property 7 minute drive distance to the
Western Univrersity of Health Sciences and American Museum of Ceramic Art and 16 minute drive distance to the Cal Poly University of Pomona. Good location .
Western Univrersity of Health Sciences and American Museum of Ceramic Art and 16 minute drive distance to the Cal Poly University of Pomona. Good location .
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$99,999
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$9.99
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Other Income |
-
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-
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Vacancy Loss |
-
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-
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Effective Gross Income |
$99,999
![]() |
$9.99
![]() |
Net Operating Income |
-
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-
![]() |
FINANCIAL SUMMARY (ACTUAL - 2024) 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 |
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 | 4.89% | Average Occupancy | 100% |
Gross Rent Multiplier | 13.62 | 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 | 4.89% |
Gross Rent Multiplier | 13.62 |
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 |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
1+1 | 1 | $1,205 | - |
1+1 | 2 | $1,440 | - |
1+1 | 3 | $1,080 | - |
1+1 | 4 | $1,540 | - |
1+1 | 5 | $1,220 | - |
1+1 | 6 | $1,590 | - |
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PROPERTY TAXES
Parcel Number | 8323-029-001 | Improvements Assessment | $416,160 |
Land Assessment | $624,240 | Total Assessment | $1,040,400 |
PROPERTY TAXES
Parcel Number
8323-029-001
Land Assessment
$624,240
Improvements Assessment
$416,160
Total Assessment
$1,040,400
ZONING
Zoning Code | POR301 (APARTMENT) |
POR301 (APARTMENT) |
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602 Karesh Ave
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