• 3,838 sq.ft.
  • 7,233 sq.ft. lot
offered at $1,190,000
Status: Active // Property Type:
County: Los Angeles // Year Built: 1960

Property Description

Offered for sale together with 735 Karesh Avenue (APN 8323-028-003 & 8323-028-004). Not sold separately. Tenants pay for electricity. Landlord pays for gas and water. Easy access to 10, 60, and 71 freeways. Close to Pomona Arts Colony (2 miles), Claremont Colleges (3 miles), Western University (2 miles), Park West High School (1 mile), Montclair Place (3 miles), Pomona Valley Hospital Medical Center (2.5 miles), LA County Fair (3 miles), Cal Poly Pomona (6 miles). 735 Karesh: 6 (1 bed / 1 bath) units 757 Karesh: 2 (2 bed / 1 bath) units + 4 (1 bed / 1 bath) units (6 more units may be converted to 2-bedroom units.) Potential Rental Income (@100% occupancy; no missing rent): $168,562 (derived using current rent) Operating Expenses: $44,736 Net Operating Income: $123,827 No rent control. All units renovated in the last three years, including new windows (roughly $400,000 upgrade). Gated apartments with 12 carport parking spaces in the rear. Has appraisal. Buyer to verify all info.

Listing Courtesy of Allan Lee, Per Square Foot Real Estate

Interior Features

Heating: Wall Furnace

Exterior Features

Exterior Features: Suburban
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

Use of this site means you agree to the Terms of Use

Based on information from California Regional Multiple Listing Service, Inc. as of July 3, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.