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11175 Kadota AVE Pomona, CA 91766
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Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Commercial/Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 5,608 sqft
Price per Sqft $329
MLS Listing ID CV22158068
Sold Date 09/29/22
HOA Y/N No
Year Built 1940
Lot Size 0.909 Acres
Acres 0.9091
Property Sub-Type Commercial/Residential
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.
Location
State CA
County San Bernardino
Area 687 - Pomona
Zoning IC
Interior
Heating Central, Forced Air, Wall Furnace
Cooling Central Air, Gas, Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Driveway
Fence Chain Link, Wrought Iron
Pool None
Community Features Suburban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
View Y/N 1
View Neighborhood
Handicap Access None
Private Pool No
Building
Lot Description Rectangular Lot
Story 1
Foundation Raised, Slab
Sewer Unknown
Water Public
Level or Stories One
Additional Building Storage
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
TERMS 1031 Exchange,Cash,Cash To New Loan,Submit
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW CONTACT NAME McKenzie Robles
SHOW CONTACT PH 951-205-5768
SHOW INSTRUCTIONS DO NOT DISTRUB TENANTS. ALL OFFERS TO BE MADE SUBJECT TO INTERIOR INSPECTION. Buyer to cooperate with seller(s) 1031 exchange at no additional cost to the seller(s).
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Bought with Marcus & Millichap