Pomona, CA 91768 550 N Currier Street

Pending
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Presented By: Tsungchih Lin with First Team Real Estate; 909-215-2034
  • MLS# TR24041595
  • 03/01/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 3
  • FootageSQFT • 1,998
  • GarageGarage • 3

Home Details

Value-add, fully-occupied, month-to-month lease with current cap rate over 4%, this triplex in Pomona is an investor’s dream. One 2-bedroom and two 1-bedroom units each with their own electric and gas meters, laundry hook-ups, and detached one-car garage make up a perfect unit mix. Below-market $3,952 total monthly rent and low maintenance cost offer great upside potential. Re-piped in all units with 10-year warranty, fresh exterior paint, brand new electrical sub-panels in all units, a new sewer line, and Section one termite clearance provide worry-free solution to the new owner.
Presented By: Tsungchih Lin with First Team Real Estate; 909-215-2034

Interior Features for 550 N Currier Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 550 N Currier Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.02
Carport Y/NNo
CityPomona
Community FeaturesCurbs, StreetLights, Sidewalks
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingConventional
Days on Market11
DirectionsGo north at Currier on Holt. First property on your right passing auto shop.
DisclosuresPrincipalisRealEstateLicensed, RentControl
Electric Expense0.0
Entry Location1
ExclusionsAll stoves, washers & dryers, and window AC units belong to tenants
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income47424.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense1904.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet7198.0
MLS Area687 - Pomona
MaintenanceExpense3000.0
MobileHomeRemainsYNNo
Net Operating Income30173.0
New ConstructionNo
Number of Units Leased3
Open Parking Spaces3.0
Operating Expense17251.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Street NameCurrier
Tax Annual Amount5026.0
Tax Lot17
Taxes$5,849
Tenant PaysElectricity, Gas
Total Actual Rent3800.0
Total Units3
Trash Expense1278.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Walk Score53
Water Sewer Expense3300.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningPOR4YY

Exterior for 550 N Currier Street

Building Area Total1998.0
Crops Included Y/NNo
FencingBlock, ChainLink, Wood
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersInFront, RectangularLot
Lot Size Acres0.1652
Lot Size Area7198.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Driveway, Garage
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1709506424 246136

Kevin Lin

REALTOR
Price $750,000
MLS#TR24041595
List Date 03/01/2024
Property Type Pending
Phone 909.215.2034
Request Tour
Request Info
Visit My Website
1705026201 246143

Jonathan Khaw

REALTOR
Price $750,000
MLS#TR24041595
List Date 03/01/2024
Property Type Pending
Phone 626.780.2578
Request Tour
Request Info

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