Michelle Esquivel
michelle@michellehomesellingteam.com
Michelle Esquivel
michelle@michellehomesellingteam.com2 Beds
2 Baths
1,191 SqFt
2 Beds
2 Baths
1,191 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,191 sqft
Price per Sqft $461
MLS Listing ID SR24206762
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1901
Lot Size 7,365 Sqft
Property Description
The gem of this property lies in its potential: the city has confirmed that it can accommodate up to 11 units.(buyer and buyer's agent to do their due diligence) A golden opportunity for anyone looking to capitalize on additional income production. With many properties on the block currently serving as duplexes and four-plexes, this location is perfect for future expansion. Discover a fantastic investment property 2 bed 2 bath 1191 sq ft home situated on a 7,367 sq ft lot. Priced significantly below market value at $550,000 this property is an exceptional deal for cash or conventional buyers looking to make their mark in a thriving area.
This charming two-bedroom home features a unique layout with two bathrooms. 1 Full bath (with it's own entrance) and a 1/4 bath convenient Jack and Jill powder room situated between the bedrooms. This cute cottage features indoor laundry that comes with a washer and dryer. Pantry off the well lighted kitchen, formal Livingroom and separate dining room. There is also a large porch from the front to the side of the home. The property requires some cosmetic updates to unlock its full potential, it promises a wealth of opportunities for the savvy investor.
Surrounding this residence, you’ll find a serene setting adorned with fruit trees—including avocado, lemon, guava and orange trees—offering a peaceful escape right in your backyard which has an entrance from the back.
Location is Key! This property is conveniently situated near a variety of amenities:
Dining and Shopping: Explore a vibrant selection of restaurants and shops in downtown Pomona and nearby Pasadena.
Entertainment: Enjoy family fun at Raging Waters and hit the art scene at the Pomona Arts District.
Education: Close proximity to quality schools and colleges, including **California State Polytechnic University, Pomona.**
Parks and Recreation: Numerous parks and recreational areas are nearby, such as Ganesha Park and Frank G. Bonelli Regional Park, which offer outdoor activities for all ages.
Transportation: Easy access to major highways (I-10, I-57) and public transportation options make commuting a breeze.
In addition to its appealing location, the property includes a detached garage, which can easily be converted into an Accessory Dwelling Unit (ADU), providing even more rental income potential.
Location
State CA
County Los Angeles
Area 687 - Pomona
Rooms
Main Level Bedrooms 2
Interior
Interior Features All Bedrooms Down
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Gutter(s), Park, Street Lights, Water Sports
View Y/N No
View None
Attached Garage Yes
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Pomona Unified
Others
Senior Community No
Tax ID 8342005015
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA