669 ,687,651 Weber St., Pomona, CA 91768

$3,380,000

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List Price
$3,380,000
Status
ACTIVE
MLS#
OC26078739
Year Built
1982
Lot Size
30,101
Acres
0.69
Lot Location
11-15 Units/Acre, Corner Lot, Front Yard, Garden, Greenbelt, Lawn, Landscaped, Level, Near Public Transit, Street Level
Days on Market
103
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Investor’s Dream: Three Contiguous three Fourplexes on a Prime Corner Lot An exceptional opportunity to acquire The Weber Apartments—a well-maintained, 12-unit multifamily portfolio in the heart of Pomona. This rare, value-add offering includes three contiguous fourplexes, each on its own parcel, totaling approximately 30,284 SF of land and 10,800 rentable SF. Each building features four spacious 2-bedroom, 1-bath units (approx. 900 SF per unit), all individually metered for gas and electricity. The property offers ample parking with total around 36-40 parking spaces. (12 garages and 24+4 surface parking spaces.) Additional amenities include two community laundry rooms, a large storage area, and secure perimeter fencing (iron and stucco) surrounding the corner lot. Built in 1982, this asset is ideal for investors seeking long-term stability with substantial upside through interior renovations and rent optimization. All lease current is Month to Month Lease. Strategically located near schools, public transportation, shopping centers, and major freeways, The Weber Apartments combine strong fundamentals with significant potential for growth.

Additional Information

Taxes
$31,033
Appliances
Gas Range, Range Hood, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Composition
Garage Spaces Total
12
Sewer
Public Sewer
Water
Public
Interior Features
Laminate Counters
Attached Structure
Attached
Number Of Units Total
12
Gross Scheduled Income
$212,100
Operating Expense
86274

Listing courtesy of Listing Agent: Grace Huang (gracehuang1987@gmail.com) from Listing Office: Presidential Incorporated.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.