We are pleased to present the Phillips Terrace apartment homes consisting of three (3) contiguous, legal fourplexes located on a quiet, residential cul-de-sac street in the city of Pomona. These fourplexes are offered for sale individually or grouped together. The subject property possess an ideal unit mix of four (4) spacious, 1083 sf two bedroom, one bath units (2+1). Unit amenities include: garages, separate water heaters and separate gas & electric meters for each tenant - for low landlord expenses. Some of the interiors have undergone renovations in kitchens and bathroom including new tubs and shower walls, new plumbing, countertops, flooring and paint. The subject properties are in need of some minor exterior maintenance but possess great upside in rents (20%) with a savvy apartment operator. Currently offered at 13.4 GRM and a 5.4 CAP on actual rents. The addresses of the adjacent 4plxs offered for sale with the subject property are: 1505 Holly Way and 1517 Holly Way, Pomona CA.