12304 La Pomelo Road, La Mirada, CA 90638

$1,600,000

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Sold Price
$1,600,000
List Price
$1,685,000
Closing Date
Jun 18, 2024
Status
CLOSED
MLS#
PW24058554
Year Built
1969
Lot Size
5,786
Acres
0.13
Lot Location
Corner Lot, Landscaped, Near Park, Walkstreet
Days on Market
53
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

First time on the market since 1983. This 4 plex is listed with the building 12310 La Pomelo next door. (Total of 8 units-both 4 plex's are on separate deeded lots) Very desirable and centrally located to La Mirada Creek Park neighborhood offering everything your Tenants could ever possibly need! Including Top Rated Schools, having direct access to La Mirada Creek Park, being just a short walk to three regional shopping centers and multiple food services, and also being close to Biola Collage, Schools, Golf, Senior center and Splash Aquatic Center. Don’t miss out on this once in lifetime investment opportunity to be the new owner of these two beautiful conforming multi-family apartment buildings with both having good financial upside. (Longtime Tenants who pay on-time every month, even throughout Covid). All numbers, measures and dollar figures are approximate. 4 Unit Multi-Family apartment building. Including (1) 3 Bed / 1bath - Owner’s unit plus (3) 2 bed / 1 bath units. Property includes Two (2) alley facing Two (2) car shared garages, plus Two (2) additional outdoor parking spaces and plenty of street parking. Freshly painted ground floor Laundry-room (app-pay) with shared washer/dryer. Lower units have private fenced in Patios. Upper units boast oversized balconies with some units having views of the often-snowcapped mountains. Take a look at the photos-it will make sense. *** This Unit (12304 La Pomelo) listed can be sold separate or together with the sale of neighboring  Multi-Family Unit (12310 La Pomelo, La Mirada). Buildings and apartment configurations are almost identical. Buildings face each other and share a beautiful walk though common area.  Both apartment buildings combined, make a total of (8) eight units (4 & 4). Both 4 Unit Apartment Buildings have separate APN numbers, making them eligible for individual conventional loans. The lot sizes vary 6,093/sq ft vs 5,786/sq ft per assessor.

Additional Information

Taxes
$5,275
Appliances
Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
See Remarks, Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Ceiling Fan(s), Living Room Deck Attached
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$92,940
Operating Expense
13930

Listing courtesy of Listing Agent: Mark Troughton (marktroughton56@gmail.com) from Listing Office: Sell-N-Save Real Estate.

Listing sold by Hee Jung Lee from Your Dream Properties, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.