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695 N Main ST Pomona, CA 91768
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Key Details
Sold Price $960,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR25082791
Sold Date 07/17/25
HOA Y/N No
Year Built 1903
Lot Size 9,147 Sqft
Property Sub-Type Single Family Residence
Property Description
695 W Main Street, Pomona, a beautifully located single family residential that is operated as a student housing and carries a significant value-add opportunity. Offered at a very low price compared to competing properties and an extremely attractive ±6.72% CAP Rate (Proforma – stated CAP is as a fully occupied student housing - buyer to verify), this offering provides an excellent ±8.50% Cash-on-cash return with a low downpayment on a 30-year fixed mortgage (buyer to verify).
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POAP*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range, Refrigerator, Water Heater, Dryer, Washer
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Suburban, Valley, Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asbestos Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard, Lawn, Landscaped, Near Park, Near Public Transit, Street Level
Faces East
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8336014001
Energy Description 680.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Hercules Goes United Real Estate Los Angeles