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Pomona, CA 91767,712 720 E Kingsley AVE
$1,755,000
Est. payment /mo
$1,785,000
1.7%
Est.Price: ?

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0.47 Acres Lot
SOLD DATE : 12/13/2013

Key Details

Sold Price $1,755,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV13139177

Year Built 1965

Tax Year 2012

Lot Size 0.470 Acres

Property Description

Built in 1965, the property is situated on a 0.47 acre lot and has approximately 12,778-rentable square feet. The property is a two-story garden-style building with a pitched composition roof. The common area provides the tenants with a privacy entrance/gate, two laundry rooms, covered and garage parking, and mature landscaping located throughout the property. The Kingsley Apartments are compromised of nine two-bedroom/one and one-half bathroom units and eight one-bedroom/one-bathroom units. Please note that one of the one-bedroom units is a non-conforming unit and is master-metered for all utilities. All other units are individually metered for gas and electricity. The owner pays for hot water. 14 of the 17 unit's interiors are upgraded with new flooring. There is an existing loan in place at $1,125,000 fixed interest rate at 3.8% until 10/2017 & loan has to be assumed.

Location

State CA

County Los Angeles

Area 687 - Pomona

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected

Building

Lot Description 16-20 Units/Acre

Story 2

Water Private

Others

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Listing Terms Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by STEVE HSU • MARCUS & MILLICHAP
Bought with OUT OF AREA • OUT OF AREA
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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