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1541 W Orange Grove Avenue

Pomona, CA 91768
  • $1,500,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: TR24159360
UPDATED: 64 min ago
$1,500,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Listing Agent(s): Vince Kwon of IRN Realty (626-322-2900)


Description

Development Opportunity in Prime Pomona Location!Welcome to this exceptional triplex in the heart of Pomona, situated on a spacious 0.5-acre lot with endless possibilities for expansion. Perfect for developers and investors, this property offers a rare chance to build additional 7-10 units, capitalizing on the high demand for housing in this desirable area.Unbeatable Location:- Close proximity to top educational institutions- Walking distance to entertainment, dining, and shopping- Convenient access to public transportation and major airportsTop Features:- 0.5-acre lot with room for expansion- Existing triplex with potential for renovation or redevelopment- Prime location in the city of Pomona- High demand for housing in the area- Endless possibilities for developers and investorsThis property offers a unique opportunity for growth and development in a prime location. Don't miss out!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-08T18:31:03.403. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/153249132
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1541 W Orange Grove Avenue Pomona, CA 91768

  • Price: $1,500,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 64 min ago
  • ID#: TR24159360
0
Beds
0
Baths
0
½ Baths
0.5
Acres
1922
Built
Neighborhood:
687 - Pomona
County:
Los Angeles
Area:
687 - Pomona
Property Description
Development Opportunity in Prime Pomona Location!Welcome to this exceptional triplex in the heart of Pomona, situated on a spacious 0.5-acre lot with endless possibilities for expansion. Perfect for developers and investors, this property offers a rare chance to build additional 7-10 units, capitalizing on the high demand for housing in this desirable area.Unbeatable Location:- Close proximity to top educational institutions- Walking distance to entertainment, dining, and shopping- Convenient access to public transportation and major airportsTop Features:- 0.5-acre lot with room for expansion- Existing triplex with potential for renovation or redevelopment- Prime location in the city of Pomona- High demand for housing in the area- Endless possibilities for developers and investorsThis property offers a unique opportunity for growth and development in a prime location. Don't miss out!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 72600 Gross Scheduled Income 72600 Insurance Expense 1200 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 60000 New Construction YN No New Taxes Expense 8800 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 12600 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1300 Water Sewer Expense 1300 Water Source Public Zoning POR16000*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-08T18:31:03.403. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
10300 Fourth St. Ste 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Vince Kwon of IRN Realty (626-322-2900)