996 4th Street
996 4th Street
$925,000
5
4
2,536
2,536
$365
Description
We are pleased to present the exclusive listing of 996 East 4th Street, a charming four-unit multifamily building built in 1938 comprised of (3) one-bedroom, one-bathroom units, including one single cottage home, and (1) two-bedroom, one-bathroom unit, with a total of 2,356 rentable square feet. This property offers a unique cottage atmosphere, providing a distinctive appeal to potential tenants seeking charm and character in their living space. The property has undergone signicant upgrades. The...We are pleased to present the exclusive listing of 996 East 4th Street, a charming four-unit multifamily building built in 1938 comprised of (3) one-bedroom, one-bathroom units, including one single cottage home, and (1) two-bedroom, one-bathroom unit, with a total of 2,356 rentable square feet. This property offers a unique cottage atmosphere, providing a distinctive appeal to potential tenants seeking charm and character in their living space. The property has undergone signicant upgrades. The single cottage house features new double-paned windows, enhancing energy efciency and modernizing the unit's aesthetics. The two-bedroom unit boasts new kitchen cabinets and countertops, providing an updated and contemporary living space and new double-paned windows throughout. The property is strategically located just minutes away from Pomona Valley Hospital & Medical Center, a prominent medical facility in the area as well as the Montclair Hospital Medical Center and the Wester University of Health Sciences. The demand for housing near medical centers tends to remain strong, providing a steady pool of potential tenants and reducing vacancy risk for the property. Located just steps from the Historical Pomona Antique Row and major retailers like Costco, The Home Depot, Starbucks, 7-Eleven and many other entertainment and retail options adds to its appeal and marketability. Tenants residing in the area have easy access to unique shopping, dining, and cultural experiences offered by the antique district and other retailers. Overall, the property's location benets from its close proximity to both prominent medical facilities and a historic cultural and retail district, making it an attractive option for tenants seeking convenience, charm, and access to amenities. From an investment standpoint, this property offers solid returns. While the property has already undergone signicant upgrades, there is still opportunity for further value-add initiatives, such as enhancing landscaping, adding amenities, or implementing technology upgrades to attract higher-paying tenants. Overall, 996 East 4th Street represents a lucrative investment opportunity with its unique charm, recent upgrades, strategic location near prominent medical facilities and retail amenities, and potential for rental income and appreciation.
- Listed by Eliyahu Appel • DRE #01918652 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 996 4th Street
Zoning
POT3*
Parcel Number8335017025
Total Units4.0
Living Area2536
Source Living AreaVendor Enhanced
AreaPomona (687)
Vacancy Rate0
Lot Size Area6010
Location
LISTING UPDATED: 04/10/2024 12:01 AM
Property Details for 996 4th Street
Status | Active |
---|---|
MLS # | 24-375985 |
Days on Market | 29 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1938 |
Lot Size | 0.14 AC / 6,010 SF |
County | Los Angeles County |
Location
Building Information for 996 4th Street
Stories-Residences-Year Built1938Building Size-Lot Size0.14 AC / 6,010 SF
Payment Calculator
$5,845 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 996 4th Street
Property History for 996 4th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 996 4th Street
Taxable ValueLand$328,093Additions$404,968Total$733,061
Tax Record2023$9,568 ($797 / month)
Home Facts
Total Finished SqFt2,536 SqFtAbove Grade Finished SqFt2,536 SqFtLot Size6,008 SqFtStyleQuadraplexYear Built1938ZoningPOT3*CountyLOS ANGELESAPN8335-017-025
Schools near 996 4th Street
This home is within Pomona Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Washington Elementary School PublicK to 5 | ||
Simons Middle School Public6 to 8 | ||
Garey High School Public9 to 12 | ||
School Of Arts And Enterprise Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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