538 East Kingsley Avenue, Unit 3

Pomona, CA 91767

$949,900
Price
4
Beds
3
Baths
2,517 Sq. Ft.
$377 / Sq. Ft.
2,517
Sq. Ft.
$377
per Sq. Ft.

Description

Charming 1930's Tudor Style Home with two additional residences. This wonderful 3 unit multi family property is located in the heart of the Lincoln Park district of Pomona. With its picturesque architecture, thoughtful design, & prime location, this property is perfect for investors seeking rental income or homeowners looking for a multi-generational living solution. Main house is a spacious 2-Bedroom, experience a warm welcome with its inviting layout. Features a bonus room, perfect for an office,...Charming 1930's Tudor Style Home with two additional residences. This wonderful 3 unit multi family property is located in the heart of the Lincoln Park district of Pomona. With its picturesque architecture, thoughtful design, & prime location, this property is perfect for investors seeking rental income or homeowners looking for a multi-generational living solution. Main house is a spacious 2-Bedroom, experience a warm welcome with its inviting layout. Features a bonus room, perfect for an office, studio, or guest space. Bonus room has a closet & can be used for a 3rd bedroom. Living Room with a cozy fireplace serves as the focal point, creating a perfect ambiance for relaxation. Large windows allow natural light to pour in, enhancing the warm, inviting atmosphere. The kitchen combines classic design with modern functionality, featuring ample cabinetry and space for dining. Laundry Room is conveniently located in the unit, making chores a breeze. Units 2 & 3 are Charming 1-Bedroom homes, featuring a well-designed layout that maximizes space and comfort, boasts cozy living areas, perfect for entertaining or quiet evenings at home. Each unit has its own kitchen, ready for meal preparation. In-unit laundry facilities make for added convenience, ensuring that residents can enjoy the comforts of home without leaving the property. The property’s outdoor areas have been thoughtfully designed with a drought-friendly yard, promoting sustainable living while maintaining curb appeal. Each unit comes with a one-car garage, along with additional outdoor parking spaces for extra vehicles. Just minutes away from local shops, dining, and entertainment, residents can easily access everything Pomona has to offer. Enjoy local parks, cultural attractions, and vibrant community events that bring the area to life. Easy access to major highways and public transportation makes commuting a breeze. With the demand for rental properties in the area, you wlll have an opportunity to explore this investment opportunity. Whether you choose to live in one unit and rent out the others or rent all three for steady income, there is potential for financial return. The property is well-maintained and cared for. Property has huge upside potential & Possible ADU Development. Don’t miss your chance to own a piece of history while enjoying the benefits of modern living in a vibrant community. Owner will consider carrying loan at an attractive rate/terms. Discover the potential that awaits!
  1. Listed by Kim Costello • DRE #00993377 • Brokerage DRE #00978029 • THE BOWATER GROUP • 951-313-3647

Property Details for 538 East Kingsley Avenue, Unit 3

Architectural Style
Bungalow, Tudor
View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
Central, Wall/Window Unit(s)
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 10/21/2024 02:32 AM

Property Details for 538 East Kingsley Avenue, Unit 3

StatusActive
MLS #CV24217154
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size0.27 AC / 11,697 SF
CountyLos Angeles County

Building Information for 538 East Kingsley Avenue, Unit 3

Stories1Residences-Year Built1938Building Size-Lot Size0.27 AC / 11,697 SF

Property Information for 538 East Kingsley Avenue, Unit 3

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $48,312
  • Gross Scheduled Income: $48,312
  • Net Operating Income: $29,944
Expense Details
  • Operating Expense: $18,368
  • New Taxes Expense: $12,667
  • Gardener Expense: $1,318
  • Licenses Expense: $317
  • Insurance Expense: $2,106
  • Trash Expense: $0
  • Water Sewer Expense: $1,960
  • Total Expenses: $18,368
Tax / Assessment Info
  • Tax Tract Number: 402602
  • Tax Census Tract: 4026.02
  • Tax Lot: 5
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Disposal, Gas Range, Vented Exhaust Fan, Water Heater
  • Equipment: Gas Dryer Hookup, Inside, Room, Vented Exhaust Fan
  • Interior Features: Ceiling Fan(s), Copper Plumbing Partial, Laminate Counters
  • Room Type: All Bedrooms Down, Basement, Bonus Room, Laundry
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Forced Air, Wall
  • Heating: Central, Forced Air, Wall Furnace
  • Flooring: Carpet, Laminate, Wood
Exterior Features
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link, Wood
  • Fencing: Block, Chain Link, Wood
  • Foundation Details: Raised, Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage, Garage - 1 Car, Parking Space
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Garage - Single Door, Parking Space
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,503
  • Unit Type Total Rent: $1,503
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,133
  • Unit Type Total Rent: $1,133
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,390
  • Unit Type Total Rent: $1,390
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Range: 3
  • Number With Disposal: 1

Property History for 538 East Kingsley Avenue, Unit 3

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 538 East Kingsley Avenue, Unit 3

This home is within Pomona Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Kingsley Elementary School
PublicK to 5

Emerson Middle School
Public6 to 8

Pomona High School
Public9 to 12

Diamond Point Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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538 East Kingsley Avenue, Unit 3 is a multi-family home for sale in Pomona, CA 91767. This property was listed for sale on October 21, 2024 by THE BOWATER GROUP, it's currently listed at $949,900. This listing's school district is Pomona Unified School District. Nearby schools include Kingsley Elementary School, Emerson Middle School and Pomona High School. 538 East Kingsley Avenue, Unit 3 is a 4-bed, 3-bath, 2,517 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of THE BOWATER GROUP, Kim Costello, DRE #00993377

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.