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1170 Murchison Avenue, POMONA CA, 91768

(Active)
$7,520,000
|
57,936 sqft
|
MLS# AR13188052
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Listing Provided Courtesy Of: RE/MAX 1000 Realty
Last Updated: 4/17/2014 12:11 AM
Description for 1170 Murchison Avenue POMONA, CA 91768
High growth area. Easy access to 10, 60, and 57 freeways. Close to Cal Poly Pomona. Rent below market. Actual Income: $709,800. Market Rent: $800,000. No rent control. Rent can be easily adjusted by the new owner. Long term tenants. Unit Mix: 30 ? 3 Bedrooms 2 Baths, 22 ? 2 Bedrooms 2 Baths. Average unit size is more than 1,114 sq. ft. Large Lot! Lot Size: 174,240 sq. ft. Building: 57,936 sq. ft. There is an extra lot in the back. Buyer to verify with city to build extra units. Many new homes surround this property. Buyer to verify subdivision possibilities w/city. Well maintained by the owner and tenants. Recently renovated ? spent over $500K.
Price
$7,520,000
Los Angeles
57,936 (approx)
AR13188052
Active
Description
High growth area. Easy access to 10, 60, and 57 freeways. Close to Cal Poly Pomona. Rent below market. Actual Income: $709,800. Market Rent: $800,000. No rent control. Rent can be easily adjusted by the new owner. Long term tenants. Unit Mix: 30 ? 3 Bedrooms 2 Baths, 22 ? 2 Bedrooms 2 Baths. Average unit size is more than 1,114 sq. ft. Large Lot! Lot Size: 174,240 sq. ft. Building: 57,936 sq. ft. There is an extra lot in the back. Buyer to verify with city to build extra units. Many new homes surround this property. Buyer to verify subdivision possibilities w/city. Well maintained by the owner and tenants. Recently renovated ? spent over $500K.
Listing Information
Property Type: Multi-Family
174,240 Sq. Ft. Public Records 57,936 (approx)
$129.8 1964
Public, Water District
Connected on Bond, In
52 Total
Neighborhood
Room Information
Interior Features
Forced Air
Exterior / Lot Features
52 Garage Spaces, 52 Parking Spaces
Private
Association Pool
Financial Considerations
8358015029
$94,046
2012
Cash, Conventional
Income ,$140,801
709800.0000
Semi Annually
Listing Price History

POMONA Real Estate

POMONA is located in California. POMONA, California 91768 has a population of  149,058.

The median household income in POMONA, California 91768 is $48,055. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in POMONA 91768 is 29.6 years.

Sales History
Tax Info
Listing Provided Courtesy Of: RE/MAX 1000 Realty Benjamin Lin
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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