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Pomona, CA 91768 1541 W Orange Grove Avenue

$1,500,000

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Presented By: Vince Kwon with IRN Realty; 626-374-5121
  • MLS# TR24039662
  • 02/26/2024
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  • BedBeds • 4
  • BathBaths • 3
  • FootageSQFT • 1,880

Home Details

This triplex in Pomona is a great investment property and perfect for a developer! This property sits on a 0.5-acre lot with plenty of room for additional units on the unused lot. The city of Pomona said that 7-10 additional units could be built. This multi-family property is conveniently located near Cal Poly Pomona, Mt. San Antonio College, Claremont Colleges, Devry University, University of La Verne, and Western University. Very close to the historic Fox Theater, restaurants, pubs, shops, and Art Galleries in Downtown Pomona. Only 30 minutes from Downtown Los Angeles, 17 minutes from Ontario International Airport, and 41 minutes from John Wayne Airport. This home has 5 parks within 6.1 miles, including Frank G. Bonelli Regional Park, Millikan Planetarium, and Alf Museum of Paleontology.
Presented By: Vince Kwon with IRN Realty; 626-374-5121

Interior Features for 1541 W Orange Grove Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, GasDryerHookup
Street SuffixAvenue
Total Stories1

Other Rooms

Entry Level1

General for 1541 W Orange Grove Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityPomona
Community FeaturesCurbs, Sidewalks
CountyLos Angeles
Days on Market57
DirectionsFollow I-10 E to N Dudley St in Pomona. Take exit 44 from I-10 E
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income72600.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet21931.0
MLS Area687 - Pomona
MobileHomeRemainsYNNo
Net Operating Income60000.0
New ConstructionNo
Operating Expense12600.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameOrange Grove
Tax Lot29
Taxes$8,800
Total Units3
Trash Expense1300.0
View Y/NNo
Water Sewer Expense1300.0
Waterfront Y/NNo
Year Built1922
Year Built SourcePublicRecords
ZoningPOR16000*

Exterior for 1541 W Orange Grove Avenue

Building Area Total1880.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.5035
Lot Size Area21931.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,500,000
MLS#TR24039662
List Date 02/26/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors