Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
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$ 1,259,000
Est. payment | /mo

9 Beds

4,125 SqFt


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$ 1,259,000
Est. payment | /mo
Save

9 Beds

4,125 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,125 sqft

Price per Sqft $305

MLS Listing ID CRTR25263034

Bedrooms 9

HOA Y/N No

Year Built 1964

Lot Size 9,803 Sqft

Acres 0.23

Property Sub-Type Quadruplex

Property Description

Investment Opportunity! Discover this well-maintained fourplex in the City of Pomona, offering strong rental income and excellent future upside. The front unit, Unit A, is a rare single-story 3-bedroom, 2-bath layout featuring a private backyard, giving tenants a desirable home-like living experience. The property offers significantly stronger cash flow compared to single-family homes or condos, making it an attractive choice for investors seeking both stability and income. Attached to Unit A is a two-story triplex consisting of three additional units. Units B and C are well-designed 2-bedroom, 1-bath units located on the upper level, while Unit D, situated downstairs, offers 2 bedrooms and 1.5 baths. All units benefit from the convenience of onsite parking, including four single-car garages and additional guest parking spaces. The property is separately metered with four electric meters, four gas meters, and one water meter. Tenants also enjoy a fenced front yard, full perimeter wood fencing, and a secure gated entry for added privacy and peace of mind. The exterior of the building was recently painted, making the property clean, attractive, and ready for a new owner to take over. Current monthly rents are below market, providing a great value-add opportunity. The property gener

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Exterior

Total Parking Spaces 4

Building

Lot Description Other

New Construction No

Others

Tax ID 8343009093

Bridge MLS
Listed by Ricky Lee • Ricky&Jessie Realty

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Roland Osage
Roland Osage

Agent | License ID: 02055089

+1(925) 206-9799

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1031 Friar Lane