455 N Hamilton BLVD Pomona, CA 91768
9,199 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25055825
Construction Status Repairs Cosmetic,Updated/Remodeled
HOA Y/N No
Year Built 1947
Lot Size 9,199 Sqft
Property Sub-Type Apartment
Property Description
The property was built in 1947 and is a combination of 3 buildings; the front building is a 2-story building and has 5 units, and the back 2 buildings are single-story building with 2 units/building. It has a total of 2,632 SF living area and is sitting on a large ±9,195 SF C4 zone. It offers a good unit mix of one 2bed+1bath, seven large studios, and one small studio. All units have been upgraded with new flooring, a new kitchen, and a new bathroom (buyer to verify). All units are market rate units; however, most of them are rented out to subsidized tenants providing security, stability and recession proof for the owner. The sale comes with an approved plan to convert the attic space in the front building into a 3-bedroom+2-bathroom unit which should bring additional cashflow on top of the already high cashflow.
Parking is provided by seven/eight open space parking in the front and the middle area of the lot. The property is master metered for electricity and gas, but the owner has RUBS system in place. There was a laundry area with laundry hookups that new owner can reutilize and bring additional laundry income.
Centrally located in Pomona, CA and just within minutes to Cal Poly Pomona, Fairplex Pomona, Claremont, La Verne, San Dimas, Phillips Ranch, and other well-known cities in the area. It is minutes away from Lake Bonelli area, Raging Waters, dining and transportation on Holt Ave. It offers superb access to multiple freeways (FWY 10, FWY 71, and FWY 57).
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POC4*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry None
Exterior
Parking Features Assigned
Fence Wrought Iron
Pool None
Community Features Valley
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asbestos Shingle,Flat
Accessibility None, Parking
Total Parking Spaces 7
Private Pool No
Building
Lot Description Near Public Transit, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic,Updated/Remodeled
Others
Senior Community No
Tax ID 8348009002
Energy Description 1355.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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