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Sold for $4,100,000
  • Listed by: RE/MAX 2000 REALTY • Kristopher German • Contact: 626-427-0786
    Bought with: RE/MAX 2000 REALTY
    $4,100,000

    601 Wisconsin St, Pomona, CA 91768

    23beds
    23baths
    12,915sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $2,396,800 Zestimate®
    $317/sqft
    $2,219 Estimated rent

    Home value

    $2,396,800

    $1.97M - $2.92M

    $2,219/mo

    Zestimate® history
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    $26,309/mo

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    What's special

    Modern vanityShaker style cabinetryNatural stone countersRecessed lighting throughoutOnsite car-port parkingNew dual pane windowsNew mirrored wardrobe closets
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV23221841MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 23
    • Bathrooms: 23
    Appliances
    • Laundry: Common Area, Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 12,915
    • Total interior livable area: 12,915 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Carport
    • Carport spaces: 15
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.46 Acres
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 8340018019
    • Zoning: POT3VV
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Pomona

    Financial & listing details

    • Price per square foot: $317/sqft
    • Date on market: 12/6/2023
    • Cumulative days on market: 112 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 28926
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    4/5/2024Sold$4,100,000$317/sqft
    Source: CRMLS #CV23221841 Report a problem
    2/8/2024Pending sale$4,100,000$317/sqft
    Source: CRMLS #CV23221841 Report a problem
    1/17/2024Listed for sale$4,100,000$317/sqft
    Source: CRMLS #CV23221841 Report a problem
    12/20/2023Pending sale$4,100,000$317/sqft
    Source: CRMLS #CV23221841 Report a problem
    12/7/2023Listed for sale$4,100,000+24.2%$317/sqft
    Source: CRMLS #CV23221841 Report a problem
    12/5/2019Listing removed$800
    Source: TurboTenant Report a problem
    12/3/2019Listed for rent$800
    Source: TurboTenant Report a problem
    8/8/2019Sold$3,300,000$256/sqft
    Source: CLAW #19474808 Report a problem
    6/25/2019Pending sale$3,300,000$256/sqft
    Source: Remax Commercial and Investment Realty #19-474808 Report a problem
    6/10/2019Listed for sale$3,300,000$256/sqft
    Source: Remax Commercial and Investment Realty #19-474808 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Wilton Heights Historic District

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,396,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,396,800