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601 Wisconsin Street, Pomona, CA 91768
$4,100,000
601 Wisconsin Street, Pomona, CA 91768View this property at 601 Wisconsin Street, Pomona, CA 91768
601 Wisconsin StreetPomonaCA91768
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Property Description
6.15% CAP Rate!...11.73 GRM!...Turn-Key Asset!...Need we say more? We are pleased to exclusively offer for sale this 15 unit multi-family asset in the city of Pomona. Recent property improvements include: 12 of the 15 rental units have been totally remodeled consisting of recessed lighting throughout, lavish kitchens with natural stone counters & shaker style cabinetry, new range ovens, new wood laminate flooring throughout, fully remodeled restrooms with modern vanity and fiberglass shower surround, new mirrored wardrobe closets, and new wall A/C & heater installed. ALL rental units received new entry doors, new dual pane windows, and copper plumbing throughout. The unit mix consists of 1(2Bed+Den/1.5Bths), 7(2Bed/1.5Bths), and 7(1Bed/1Baths). Tenants enjoy onsite car-port parking, private gated entry with remote, and an onsite laundry facility which is technologically equipped and App-Enabled. Priced at a current 6.15% CAP Rate and 11.73 GRM (based on current rental income) this property offers a new investor not only a significant cash return on Day 1, but an investment property that has been meticulously maintained with little future maintenance required.
Full Property Details
Full Property Details for 601 Wisconsin St
General
- Sold For: $4,100,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV23221841
- Added to Site: 187 day(s) ago
Rooms
Other Rooms
- Laundry: Community, Inside
Additional Information
- Pool Description: None
Location
- Area: 687 - Pomona
- County: Los Angeles
- Development Name: 687 - Pomona
- Driving Directions: South of I-10; East of CA-57; Near Intersection of W Holt Ave & Wisconsin St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 15
- # Electric Meters: 15
Structural Information
- Entry Location: 1
- Square Feet: 12,915
- Year Built: 1963
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 3
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Number of Units: 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 10
- Total Bathrooms: 1
- Bedrooms: 1
Unit 11
- Total Bathrooms: 1
- Bedrooms: 1
Unit 12
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.4587
- Lot Size Source: Assessor
- Zoning: POT3VV
- Lot Description: 11-15 Units/Acre, Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $317.46
- Price Per Unit: 273333
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed and Sold by Re/Max 2000 Realty, Kristopher German
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Schools
Schools serving 601 Wisconsin St
School District:Pomona Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1200 N Gordon St, Pomona, CA 91768 | PK-6 | 0.5 mi | |
2211 N Orange Grove Ave, Pomona, CA 91767 | 7-12 | 1.8 mi | |
475 Bangor St, Pomona, CA 91767 | 9-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 601 Wisconsin St
Date
Details
Price
Change
Source
4/05/2024
Sold
$4,100,000
—
MLS
12/06/2023
Listed
$4,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
601 Wisconsin Street, Pomona, CA 91768 (MLS# CV23221841) is a Multi-Family property that was sold at $4,100,000 on April 05, 2024. Want to learn more about 601 Wisconsin Street? Do you have questions about finding other Multi-Family real estate for sale in Pomona? You can browse all Pomona real estate or contact a Coldwell Banker agent to request more information.