1324 E Kingsley Avenue, Pomona CA, 91767
(Active)
$1,190,000
|
|
MLS# OC24065493
Last Updated: 5/15/2024 9:15 PM
Description for
1324 E Kingsley Avenue
Pomona, CA 91767
Are you looking for a project to start construction immediately? Here it is!!!RTI Ready and Demolition completed!!! A rare opportunity to acquire a fully entitled townhouse style apartment development opportunity. The proposed 8 unit apartment complex contains two side by side Fourplex, each have 3 bedroom/2.5 bath units with individual addresses 1326~1340 E Kingsley Ave, all separate utilities meters (including water, electric and gas). All units with attached garages and direct access from the garage into the units. All units has 1st floor private front yard and 2nd floor balcony, all bedrooms on upstairs and laundry hooks up inside. Market rent for each unit $3,250, total project monthly rental income $26,000. The property is located within minutes of the I-10, CA-60, CA-71 and CA-57 Freeways and is within walking distance to Indian Hill Blvd or Holt Ave. The development has been fully approved by the city planning and building, Ready to issue permits and start construction now. Lot size about 19,767 sq.ft. Corner lot with alley access. This sale is for land value with approved plans.
Price
$1,190,000
Los Angeles
OC24065493
Active
Description
Are you looking for a project to start construction immediately? Here it is!!!RTI Ready and Demolition completed!!! A rare opportunity to acquire a fully entitled townhouse style apartment development opportunity. The proposed 8 unit apartment complex contains two side by side Fourplex, each have 3 bedroom/2.5 bath units with individual addresses 1326~1340 E Kingsley Ave, all separate utilities meters (including water, electric and gas). All units with attached garages and direct access from the garage into the units. All units has 1st floor private front yard and 2nd floor balcony, all bedrooms on upstairs and laundry hooks up inside. Market rent for each unit $3,250, total project monthly rental income $26,000. The property is located within minutes of the I-10, CA-60, CA-71 and CA-57 Freeways and is within walking distance to Indian Hill Blvd or Holt Ave. The development has been fully approved by the city planning and building, Ready to issue permits and start construction now. Lot size about 19,767 sq.ft. Corner lot with alley access. This sale is for land value with approved plans.
Listing Information
| Property Type: Land, Other | ||
| 0.45 Acres | Assessor | |
Public
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
POR2YY
16-20 Units/Acre
Driving Directions
I-10 exit to Indian Hill Blvd to Kingsley Ave
Financial Considerations
| 8323021004 |
Cash,Cash to New Loan,1031 Exchange
Listing Price History
Pomona Real Estate
Pomona is located in California. Pomona, California 91767 has a population of 157,158.
The median household income in Pomona, California 91767 is $67,855. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Pomona 91767 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/2/2024 | Active | $1,190,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $5,774 USD | -23.19% | $438,445 USD | -23.34% |
| 2022 | $7,517 USD | 2.48% | $571,963 USD | 2.00% |
| 2021 | $7,335 USD | 36.82% | $560,749 USD | - |
| 2020 | $5,361 USD | -2.37% | $560,749 USD | 42.94% |
| 2019 | $5,491 USD | 11.72% | $392,306 USD | 2.00% |