Sold: Jul 20, 2021
Address
295 S Park Ave Pomona, CA
Price
$ 939,000
Property Attributes
  • MLS#AR21067721
  • TypeCommercial
  • CountyLOS ANGELES
  • CityPomona
  • Zip91766
  • Style
  • Price$ 939,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4074
  • Lot Size7,644 SqFt
Listing Provided Courtesy Of:
Sin Lau with Han Investment Group Inc..
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

LANDMARK PROPERTY IN DOWNTOWN POMONA FIRST TIME ON THE MARKET! LOCATION! LOCATION! LOCATION! SUPER RARE GREAT INVESTMENT PROPERTY! GREAT CORNER BUILDINGS LOCATED AT THE PRIME INTERSECTION OF DOWNTOWN POMONA! ZONING IN MIX-USE CENTER DOWNTOWN BUSINESS AREA (MU-CDB). AND A LOT MORE POTENTIAL FOR FUTURE USE: OFFICE/ RETAIL/RESTAURANT/ COMMERCIAL, ETC. SUPER INVESTMENT PROPERTY TO AGAINST THE INFLATION. ANCHOR TENANT - FISH MARKET (Established in 1930. Serving Pomona for 90 years.) IT IS ONE OF THE LANDMARK IN DT POMONA AND CONTINUING THEIR HISTORY-MAKING! GREAT ANCHOR TENANT PROJECTING STABLE INCOME TO THE OWNER, PLUS IMMEASURABLE FOOT TRAFFIC TO THE LOCATION! PERFECT FOR BUSINESS OWNER OPERATING IN THE NEXT BUILDING, AND COLLECTING RENT IN A MEANWHILE! OR JUST BEING A LANDLORD HOLDING GREAT POTENTIAL COMMERCIAL BUILDINGS IN DT AREA INSTEAD OF PAPER MONEY! PUBLIC PARKING IS ACROSS THE STREET MADE THIS PROPERTY MORE WALKABLE AND A LOT MORE ATTENTION! OTHER TENANT - BOXING GYM ONE OF THE WELL-KNOWN FITNESS FACILITY IN POMONA. GREAT & NICE TENANT PROVIDE STEADY INCOME PERFECT FOR LANDLORD TO OWN THESE TWO BUILDINGS TOGETHER! LEASE END ON THIS MAY BOTH ARE BRICKS BUILDING LESS MAINTENANCE COST AND THIS BUILDING HAS ABOUT 400AMPS POWER AN ALLEY NEXT TO THIS BUILDING'S GATED OPEN SPACES BRINGS MORE POTENTIAL OF USE TO THIS PROPERTY! EXAMPLE: CLOUD KITCHEN, WAREHOUSE, DISTRIBUTION CENTER, STORAGE, RESTAURANT WITH OPEN PATIO, ETC. PART OF THE BUILDING IS NEARLY 80 YEARS OLD, THIS PROPERTY IS SOLD AS-IS. YOU CAN NOT MISS THIS GREAT OPPORTUNITY TO OWN YOUR OWN INVESTMENT PROPERTY! PRICE INCLUDED 253 S PARK AVE, POMONA(APN:8341-003-010): CURRENTLY TENANT OCCUPIED. Any questions, please feel free to contact the agent. Thank you

Price History
4/1/2021 Listed $939,000
4/1/2021 48% - $490,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 91766

Price
AVG $710K
$940K

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