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11175 Kadota Avenue

Pomona, CA 91766
  • $1,800,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: CV22158068
UPDATED: 61 min ago
$1,800,000
  • 0
    BEDS
  • 0.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Listing Agent(s): Donald Mowery of Exp Realty Of California Inc (888-584-9427)


Description

CAN YOU SAY CASH FLOW? This property consists of two separate parcels with 9 residential units and 27 storage units, 11175 Kadota Av. consists of 2 buildings. The front building consists of an office and a residential unit, and the rear unit has 3 units, with a lot area of 19,800 square feet. 11183 Kadota Av. consists of 4 buildings with a total of 5 units with an additional 19,800 parcel. THE PROPERTY HAS A POMONA ZIP CODE BUT IS LOCATED IN THE COUNTY OF SAN BERNADINO AND IS ZONED INDUSTRIAL COMMUNITY. In addition to the rental income from the units, there are 12 (10x22) storage units that are rented for $125 each; 2 (6X22) storage units that are rented for $50 each; and 13 containers rented for $100 each. RENTS ARE LOW AND HAVE A GROSS ANNUAL TOTAL OF $133,500!!! This is a great property for some looking to assemble lots, build an industrial building, and collect rents while in the process! PROPERTY TO BE SOLD IN "AS IS" CONDITION WITH CURRENT TENANTS! Buyers to conduct their own investigations as to permits of existing structures and future development of an industrial building.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T19:35:55.113. 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 deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/131092477
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11175 Kadota Avenue Pomona, CA 91766

  • Price: $1,800,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 61 min ago
  • ID#: CV22158068
0
Beds
0
Baths
0
½ Baths
0.91
Acres
1940
Built
Neighborhood:
687 - Pomona
County:
San Bernardino
Area:
687 - Pomona
Property Description
CAN YOU SAY CASH FLOW? This property consists of two separate parcels with 9 residential units and 27 storage units, 11175 Kadota Av. consists of 2 buildings. The front building consists of an office and a residential unit, and the rear unit has 3 units, with a lot area of 19,800 square feet. 11183 Kadota Av. consists of 4 buildings with a total of 5 units with an additional 19,800 parcel. THE PROPERTY HAS A POMONA ZIP CODE BUT IS LOCATED IN THE COUNTY OF SAN BERNADINO AND IS ZONED INDUSTRIAL COMMUNITY. In addition to the rental income from the units, there are 12 (10x22) storage units that are rented for $125 each; 2 (6X22) storage units that are rented for $50 each; and 13 containers rented for $100 each. RENTS ARE LOW AND HAVE A GROSS ANNUAL TOTAL OF $133,500!!! This is a great property for some looking to assemble lots, build an industrial building, and collect rents while in the process! PROPERTY TO BE SOLD IN "AS IS" CONDITION WITH CURRENT TENANTS! Buyers to conduct their own investigations as to permits of existing structures and future development of an industrial building.
Exterior Features

Fencing Chain LinkWrought Iron Foundation Details RaisedSlab Lot Features Rectangular Lot Number Of Separate Electric Meters 2 Other Structures Storage Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Road Surface Type MaintainedPaved Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features None Common Walls No Common Walls Cooling Central AirGasWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileWood Heating CentralForced AirWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Electric Standard Electric Expense 0 Exclusions Tenant Possessions Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 133500 Inclusions Storage Units And Containes Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 ExchangeSubmit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 8 Operating Expense 0 Possession Close Of Escrow Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Tenant Pays None Total Actual Rent 6225 Trash Expense 0 Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedWater Connected Vacancy Allowance 4005 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning Ic



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-12T19:35:55.113. 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 deemed reliable but is not guaranteed accurate by the MLS or Villa Real Estate. Licensed in the State of California, USA.
 
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Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Donald Mowery of Exp Realty Of California Inc (888-584-9427)