602 Karesh Ave
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602 Karesh Ave
6 Unit Block of Flats £1,018,129 (£169,688/Unit) 4.89% Net Initial Yield Pomona, CA 91767
EXECUTIVE SUMMARY
Great opportunity for investor . All 6 unit 100% fully occupied . Property has upside potential to increas the rental . Property 7 minute drive distance to the
Western Univrersity of Health Sciences and American Museum of Ceramic Art and 16 minute drive distance to the Cal Poly University of Pomona. Good location .
Western Univrersity of Health Sciences and American Museum of Ceramic Art and 16 minute drive distance to the Cal Poly University of Pomona. Good location .
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | £1,018,129 | Building Class | C |
| Price Per Unit | £169,688 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,838 SF |
| Net Initial Yield | 4.89% | Average Occupancy | 100% |
| Gross Rent Multiplier | 13.62 | Number of Floors | 2 |
| No. Units | 6 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 1.56/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | £1,018,129 |
| Price Per Unit | £169,688 |
| Sale Type | Investment |
| Net Initial Yield | 4.89% |
| Gross Rent Multiplier | 13.62 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,838 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.56/1,000 SF |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 1 | £929.43 | - |
| 1+1 | 2 | £1,111 | - |
| 1+1 | 3 | £833.01 | - |
| 1+1 | 4 | £1,188 | - |
| 1+1 | 5 | £941.00 | - |
| 1+1 | 6 | £1,226 | - |
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PROPERTY TAXES
| Parcel Number | 8323-029-001 | Improvements Assessment | £320,988 |
| Land Assessment | £481,483 | Total Assessment | £802,471 |
PROPERTY TAXES
Parcel Number
8323-029-001
Land Assessment
£481,483
Improvements Assessment
£320,988
Total Assessment
£802,471
ZONING
| Zoning Code | POR301 (APARTMENT) |
| POR301 (APARTMENT) |
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602 Karesh Ave
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