$930,000
$869,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
1505 Holly WAY Pomona, CA 91766
4,400 SqFt
Key Details
Sold Price $930,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $211
MLS Listing ID PW21116332
Sold Date 08/13/21
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1964
Lot Size 0.270 Acres
Acres 0.27
Property Description
We are pleased to present the Holly Terrace apartment homes consisting of three (3) contiguous, legal fourplexes located on a quiet, residential cul-de-sac street in the city of Pomona. These fourplexes are offered for sale individually or grouped together. The subject property possess an ideal unit mix of four (4) spacious, 1100 sf two bedroom, one bath units (2+1). Unit amenities include: garages, separate water heaters and separate gas & electric meters for each tenant - for low landlord expenses. Some of the interiors have undergone renovations in kitchens and bathroom including new tubs and shower walls, new plumbing, countertops, flooring and paint. The subject properties are in need of some minor exterior maintenance but possess great upside in rents (20%) with a savvy apartment operator. Currently offered at 12.95 GRM and a 5.67 CAP on actual rents. The addresses of the adjacent 4plxs offered for sale with the subject property are: 1056 E. Phillips Blvd and 1517 Holly Way, Pomona CA.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POR31000*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Garage Concrete, Door-Single, Driveway, Garage, Paved, Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Parking Type Concrete, Door-Single, Driveway, Garage, Paved, Garage Faces Rear
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Sewer Sewer Tap Paid
Water Public
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 8328009044
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ed Diaz • Vanguard Property Group