2325 Angela Street, Pomona, California 91766, Pomona, 91766 - 12 bed, 8 bath
ACTIVE$1,688,000$4,339/sqft
2325 Angela Street, Pomona, California 91766
12Beds
8Baths
4,339Sqft
7,160Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Immediate Income & Flexibility: The property is described as 'Fully rented out!' providing immediate cash flow, with one vacant unit offering flexibility for owner-occupancy or immediate re-tenanting at market rates.
Top Cons:
Building Age: Constructed in 1965, the property's underlying infrastructure may be aging, potentially leading to future maintenance costs for systems not addressed in recent cosmetic renovations (e.g., plumbing, electrical, roof).
Compared to the nearby listings
Price:$1.69M vs avg $752.5K (+$935,500)90%
Size:4,339 sqft vs avg 1,889 sqft90%
Price/sqft:$389 vs avg $43840%
More Insights
Built in 1965 (61 years old).
Condition: The property, built in 1965, has undergone a recent and extensive interior renovation. The images confirm modern kitchens with new white shaker cabinets, light countertops, new sinks, and new gas ranges (some white, some stainless steel). Bathrooms are described as modern, and the glimpse provided shows updated vanities. New wood-look laminate flooring and carpeting, along with fresh paint throughout, contribute to a very clean and move-in ready interior. While the interior renovations are of excellent quality, the presence of window AC units and the underlying 1965 building infrastructure (which may have aging major systems not explicitly stated as replaced) prevent it from reaching an 'Excellent' score. It is, however, well above 'Fair' due to the significant and recent updates.
Year Built
1965
Close
-
List price
$1.69M
Original List price
$1.75M
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
TR24022961
Home ConditionGood
Features
Good View: Peek-A-Boo
ViewPeek-A-Boo
About this home
Fully rented out! Welcome to 2325 Angela St, a prime location nestled near vibrant shopping centers, entertainment venues, convenient transportation options, and more. This unique quadraplex stands out with its four units, each boasting three bedrooms, two full baths, and a detached garage space. Recently renovated, the property now showcases modern kitchens and bathrooms in every unit, complemented by new flooring and fresh paint. One vacant unit can use for self use also it is an investment opportunity of a lifetime awaits, offering a chance to secure a lucrative deal. The potential for additional income through laundry services or Tenant billing for CAM can add upside potential. Don't miss out on this rare opportunity, seize the moment and make this investment yours before it disappears from the market.
C
Chuqi Liu
Listing Agent
Condition Rating
Good
The property, built in 1965, has undergone a recent and extensive interior renovation. The images confirm modern kitchens with new white shaker cabinets, light countertops, new sinks, and new gas ranges (some white, some stainless steel). Bathrooms are described as modern, and the glimpse provided shows updated vanities. New wood-look laminate flooring and carpeting, along with fresh paint throughout, contribute to a very clean and move-in ready interior. While the interior renovations are of excellent quality, the presence of window AC units and the underlying 1965 building infrastructure (which may have aging major systems not explicitly stated as replaced) prevent it from reaching an 'Excellent' score. It is, however, well above 'Fair' due to the significant and recent updates.
Pros & Cons
Pros
Immediate Income & Flexibility: The property is described as 'Fully rented out!' providing immediate cash flow, with one vacant unit offering flexibility for owner-occupancy or immediate re-tenanting at market rates.
Extensive Recent Renovations: All units feature modern kitchens and bathrooms, new flooring, and fresh paint, significantly reducing immediate capital expenditure for a new owner and enhancing tenant appeal.
Desirable Unit Configuration: The quadraplex offers four units, each with 3 bedrooms and 2 full baths, catering to a broad tenant base, and includes valuable detached garage spaces for each unit.
Prime Location: Strategically located near vibrant shopping centers, entertainment venues, and convenient transportation options, ensuring high tenant demand and potential for long-term appreciation.
Clear Value-Add Opportunities: The potential for additional income through laundry services or tenant billing for Common Area Maintenance (CAM) offers clear pathways to increase Net Operating Income (NOI).
Cons
Building Age: Constructed in 1965, the property's underlying infrastructure may be aging, potentially leading to future maintenance costs for systems not addressed in recent cosmetic renovations (e.g., plumbing, electrical, roof).
Conflicting Occupancy Information: The description states 'Fully rented out!' yet also mentions 'One vacant unit can use for self use,' creating ambiguity regarding the current occupancy status and actual rental income.
Limited Financial Disclosure: Key investment metrics such as current rental income per unit, operating expenses, or a projected capitalization rate are not provided, making it challenging for investors to fully assess the property's financial performance without further inquiry.