Rare to find great investment opportunity, price including 1347, 1353, 1367 S. Towne Ave., Pomona. three single family houses at total of 73801 sq. ft. lots (APN# 8333-024-002, 003, 004) in which 1347 Towne Ave with 2 bedrooms, one bath; 1353 S. Towne Ave. with 3 bedrooms, 2 baths; 1367 S Towne Ave. with 2 bedrooms, one bath, all with large lot, nice location, close to park and schools. Seller previously applied for an expired Tentative Map for 24 units. Enjoy the total monthly income of approximately of $5,100 while you are waiting for the development and permit. Please verify with city for the zoning and usage. All three units are single family house, tenant pay utility, operation income and expense is pro forma.
TR22015327
Land, Other
Los Angeles
1.6942
Acres
Public
Public Sewer
Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Exterior / Lot Features
- Parking
- 0 Covered Parking Spaces.
- Zoning
- R2/T-4B
- Additional Exterior/Lot Features
- Lot Over 40000 Sqft,Paved,Yard.
Financial Considerations
8333024004
Cash, Cash to New Loan, 1031 Exchange
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