Property is unpriced. Financial analysis does not contain new real estate taxes Completed in 2023, Mission 33 at 1300 W Mission Blvd is a newer-construction 33-unit multifamily asset offering modern unit design, strong in-place income, and long-term operational stability in a growing eastern Los Angeles County submarket. Each unit features an in-unit washer and dryer, a private balcony, vinyl flooring, and a full kitchen appliance package, while the community offers secured access, gated garage parking with 54 spaces and EV charging stations, a fitness center, a resident lounge, and a landscaped courtyard, delivering a clean, efficient layout with no deferred maintenance and minimal near-term capital needs. Current rents are in place with clear upside to market, providing immediate cash flow alongside organic growth potential. With all 33 units separately parceled as condominiums, Mission 33 represents a rare opportunity to acquire a turnkey multifamily investment with modern construction, strong fundamentals, and multiple exit strategies in Pomona's continued growth corridor.
Prime 5-unit commercial investment opportunity in Pomona. Value-add property with 3 detached buildings: 1 three-bedroom, 1-bath; 2 two-bedroom, 1-bath; and 2 one-bedroom, 1-bath units. All units individually metered with private garages and washer/dryer hookups — 4 single-car garages + 1 two-car garage for the 3-bed unit. The 3-bed also includes a private yard. Wide central driveway with open rear parking provides excess parking, reducing tenant turnover risk. Most units already upgraded with wood-look porcelain tile, quartz-style counters, and modern bath tile. Strong rental demand drivers: minutes to 10 & 71 Fwys, Pomona Metro Station, Cal Poly Pomona, Fairplex, Brackett Field Airport, and Downtown Pomona. Individually garaged units with hookups command premium rents in this submarket. Excellent upside through rent roll optimization and low management overhead due to separate structures.
Great property with many possibilities - two on a lot. This has been a long term rental with great tenants for many years - Tenants are month to month.
Excellent four-unit residential income property in Pomona with strong current rental income. The property is currently generating approximately $7,730 in total monthly rental income, or approximately $92,760 annually, providing four separate income streams. The two-story quadruplex offers approximately 3,500 square feet of total building area on a generous 7,591 square foot lot. All four units have been progressively updated and remodeled within the past five years, including newer flooring and kitchen cabinetry. The building’s roof was replaced within the past five years, and the entire exterior of the building was also repainted within the past five years. These recent improvements provide added value and reduce near-term capital improvement concerns. Each unit is assigned one covered parking space and one additional uncovered parking space, providing two parking spaces per unit. The property also features a convenient on-site laundry facility with coin-operated washers and dryers under a third-party laundry service arrangement. This well-maintained quadruplex offers strong existing rental income, four separate income streams, ample parking, and potential for future income growth. Conveniently located near shopping, restaurants, schools, transportation, and major freeways. Buyer to independently verify all property information, including square footage, unit configuration, permits, zoning, rental information, and other property details. The property is fully tenant occupied; interior showings are available only after acceptance of an offer and by appointment with advance notice to coordinate with all tenants.
Welcome to 1390 Prospect Drive, an 88,182 Square foot parcel! (2.2 Acres) featuring a fully renovated single family home and studio guest house with a view and pool currently generating $5,000 per month in rental income. Most buyers evaluate this property with the in-place income. The property offers significant development potential to build up to 20 units with plenty of parking. However, to simplify requirements per the city it would be more economical to streamline and build 10-15 units at approximately 750 Square Ft or less. The potential of building 10- 15 additional 2 bd, 1 1/2 bath units would potentially create an opportunity for returns exceeding a 20% CAP Rate! You can collect rents while you work on your development plans. $100,000 plus in recent capital improvements, new interior, exterior paint, cabinets, electrical, plumbing and windows.Welcome to 1402,1404 & 1406 Prospect Drive, a 40,939 Square foot parcel! Almost 1 acre!! This parcel features 3 houses on a lot which consist of a fully remodeled single-family home with 2 bds and 1 bath @$2,750mo: A 2bdrm 1 ba w/ 1 car garage @ $2,700 mo: And a 1 bd, 1 bath @ $1,800 mo. Three separate houses with a view! Currently generating at total $7,250 mo. per month in rental income. Most buyers evaluate this property with the in-place income. The property offers significant development potential to build up to 20 units with plenty of parking. However, to simplify requirements per the city it would be more economical to streamline and build 10-15 units at approximately 750 Square Ft or less. The property has 3 additional concrete areas for parking. 1 area is a 5000SF+-, 2nd area is 4000SF+- and the 3rd area is 3000SF+-. The potential of building 10- 15 additional 2 bd, 1 1/2 bath units would potentially create an opportunity for returns exceeding a 20% CAP Rate! You can collect rents while you work on your development and entitlement plans. $200,000 plus in recent capital improvements, new interior, exterior paint, flooring, cabinets, electrical, plumbing and windows. Lot lines in photos are approximate. Please review supplements. Buyers to verify all development possibilities and aspects with the City of Pomona.
Beautifully Updated Home with Two Additional Income-Producing Units! The freestanding front residence has been recently remodeled with a fresh, bright interior and thoughtful updates throughout. The updated kitchen features crisp white cabinetry, new countertops, recessed lighting, and new flooring, while the remodeled bathrooms offer a clean, contemporary feel. Additional improvements include fresh interior paint, new closet doors, updated flooring, and recessed lighting. An attached two-car garage provides convenient direct access into the home, and the spacious front yard offers plenty of outdoor space and added privacy. At the rear of the property are two separate 1-bedroom, 1-bath units, both currently rented, providing additional income. A versatile property offering an updated primary residence along with existing rental income--ideal for an owner-user or investor.
This well-located property sits in the heart of Pomona, minutes from the retail corridor along Foothill Boulevard and Garey Avenue, providing tenants with convenient access to destinations like Target, Costco, CVS, and Starbucks. Its central positioning places residents within a short distance of the Downtown Pomona Metrolink Station, connecting directly to Los Angeles Union Station, as well as the city's growing Arts District, the historic Fox Theater, and the Pomona Fairplex, home to the Los Angeles County Fair. Cal Poly Pomona and Western University of Health Sciences anchor the area's strong educational profile, drawing a steady stream of faculty, staff, and graduate renters to the submarket. 1072 W Wilson Street is a 10-unit multifamily property spanning a ±17,442 SF parcel with ±8,104 SF of gross rentable area, featuring four 1-bedroom/1-bathroom and six 2-bedroom/1-bathroom units averaging 810 SF each. Built in 1955 and comprising three buildings across two stories, the asset sits on a generously sized lot with ample outdoor space and strong curb appeal. The property features mature landscaping, a spacious courtyard, secured gated access, an on-site laundry facility, and 10 enclosed garages available for parking or storage. Several units have been fully renovated with new flooring, kitchens, and bathrooms. All homes are equipped with oven ranges, tub/shower combinations, and wall AC and heating. New exterior painting and meaningful capital improvements have been completed within the past few years. 1072 W Wilson Street is a well-maintained multifamily asset in one of LA County's most consistent rental markets. Pomona's position at the crossroads of Los Angeles County and the Inland Empire attracts a diverse renter pool, from young professionals and university-affiliated tenants to working families, providing long-term demand stability.
Stunning Newer Construction home ideally situated in a PRIME North Pomona location, with immediate access to Claremont & La Verne! - Perfect for both investment with High Cap Rate or owner occupancy! Impressive curb appeal welcomes you with lush landscaping, a spacious covered front porch, and an attractive residential setting with ample street parking.Step inside to a foyer with high ceilings and a thoughtfully designed open-concept floor plan. The spacious living area flows seamlessly into the dining space and gourmet kitchen, creating the perfect setting for both everyday living and entertaining. Step outside to the large covered balcony and enjoy refreshing breezes and beautiful open neighborhood views. The gourmet kitchen is a true centerpiece, showcasing designer finishes, quartz countertops, a stylish full backsplash, newer appliances, LED recessed lighting, and an oversized center island with generous seating. Modern comforts include dual-pane windows, smart-controlled split-system heating and cooling, solar panels, & EV charging capability for added efficiency and convenience. A highly desirable first-floor bedroom and full bathroom offer excellent flexibility for guests, extended family, or a private home office. An additional powder room provides added convenience. Upstairs, retreat to the spacious primary suite featuring a large walk-in closet and private bathroom with dual-sink vanity and a sleek glass-enclosed walk-in shower. An additional en-suite bedroom offers its own private bathroom with a glass-enclosed tub and shower. A dedicated laundry room and abundant closet space complete the home's functional and comfortable layout. 2705 Erebus Ct offers exceptional convenience with close proximity to shopping centers, grocery stores, fine dining options, top rated schools (Claremont Colleges, Pomona College, Scripps, Harvey Mudd, etc.), parks, entertainment (Claremont Village), and the vibrant communities of Claremont & La Verne. Easy access to the 10, 57, 71, & 210 freeways puts San Gabriel Valley, Downtown Los Angeles, & the rest of Southern California within reach! Modern design, flexible living spaces, energy-efficient features, & an outstanding location come together in this newer construction home. Make it yours today! - Perfect for both investment or owner occupancy!
FOUR-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY 745–747–749–751 N. Currier St., Pomona, CA FIRST TIME OFFERED FOR SALE Rare opportunity to acquire a four-unit multifamily property in Pomona, California, being offered for sale for the first time. The property features four income-producing units currently generating $1,850 per unit, or $7,400 per month in scheduled rental income. The property has benefited from numerous recent improvements, including updated interiors, electrical infrastructure, windows, doors, and other capital improvements. PROPERTY HIGHLIGHTS • Four-unit multifamily investment property • Current rents: $1,850 per unit • Current gross rental income: $7,400/month • Current annual gross rental income: $88,800 • All units freshly painted and professionally cleaned • Brand-new blinds throughout • Refrigerators provided in all units • New toilets installed in most units • New vanities in Units 745, 749 & 751 • Newer garage doors throughout • Recent electrical infrastructure upgrades • Units: 200-amp main panel and 5-meter bank upgrade completed in 2024 • Unit 745 water heater replaced in 2017 • Window and door improvements completed in 2020 A rare first-time offering for investors seeking a four-unit multifamily asset in Pomona with established rental income, recent improvements, and long-term investment potential.
Stunningly 3bd Home plus ADU & JADU with Front home Delivered Vacant! This beautifully upgraded property totals 2,085sf, comprised of a front 3/2 house, a 1/1 ADU, and a studio JADU—thoughtfully remodeled with high-end finishes and modern systems - In 2023, New Roof, 400 Amp Electrical, Copper Plumbing, & Sewer Lines. The main 3/2 house is 1,184sf, will be delivered vacant, and is bright & airy throughout featuring real hardwood flooring, dual pane windows w/ blinds, recessed lighting, and central air/heat. The stylish kitchen offers shaker cabinetry, quartz countertop, stainless steel appliances, a custom tile backsplash, and sleek black modern finishes. Both the primary & hallway baths have been tastefully designed, and all the bedrooms are spacious and equipped with ceiling fans. Ample natural light, generous storage, and dedicated laundry area complete this upgraded home. The 645sf ADU and 256sf JADU are currently rented with stable tenants, and both units offer spacious layouts with an open concept kitchen that flows into big living areas with luxury vinyl flooring throughout, sliding doors, recessed lighting, mini split AC units; and each with full bathrooms with cute vanities, custom tiles, and big walk in showers. On an impressive 7,631sf lot zoned R3, the front & back yards have been impeccably landscaped with artificial lawn, drought tolerant plants, and a beautiful pergola on a nice concrete pad for the ultimate common area to relax and host gatherings. Other notable features include tankless water heaters, separate electrical meters, drip irrigation system, an automated gate for added security, an extended driveway for maximum parking, and a 2 car garage that will also be delivered empty for a new owner. Situated in a quiet Pomona neighborhood near Washington Park Community Center, local schools, and just minutes from Downtown, Pomona College, LA County Fairgrounds, and Bonelli Park.
We are pleased to offer for sale 614 North Caswell Avenue, a 19-unit apartment community comprising 17 units plus two non-conforming units, located just north of Downtown Pomona, at the corner of Caswell Avenue and Pasadena Street.Built in 1942, the property comprises 9,934 square feet of improvements in a single two-story building on an 18,122-square-foot parcel, with a unit mix consisting entirely of single units, 18 parking spaces and laundry on site. The state-mandated SB 721 balcony inspection has been completed and cleared. The large lot and existing garage space offer potential to add accessory dwelling units, allowing for future growth and appreciation potential (buyer to verify).With a Walk Score of 82, most daily errands can be accomplished on foot, and three bus lines run within a tenth of a mile of the property. Downtown Pomona lies less than a mile southwest, home to the Second Street corridor, the Fox Theater, the Pomona Arts Colony and Western University of Health Sciences. The submarket's employment base is anchored by education and healthcare, with Pomona Valley Hospital Medical Center just over a mile northwest, the Fairplex about two miles northwest and Cal Poly Pomona about five miles west. The property is served by two separate rail systems, with Metrolink's PomonaDowntown station on the Riverside Line less than a mile southwest and the Metro A Line's PomonaNorth terminus just over two miles north, which opened in September 2025 and connects the submarket directly to Pasadena and Downtown Los Angeles. Pomona also draws renters priced out of the established communities that surround it, among them Claremont, San Dimas, Diamond Bar and Chino Hills, and the 10, 57, 60 and 71 freeways all converge within a few miles of the property.614 North Caswell Avenue offers investors an opportunity to acquire a stabilized asset in one of the most compelling value submarkets in the eastern San Gabriel Valley, a region whose established cities have drawn sustained foreign capital for decades.PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Fully occupied six-unit multifamily property featuring six 1-bedroom/1-bath units, located on a quiet, tree-lined residential street in a high-demand rental area. Gate property and new roof. One of the property's strongest advantages is its exceptional entry price. A comparable 6-unit property on Karesh Avenue, 602 Karesh Ave., is currently offered at $1,320,000. This property is offered at just $1,220,000 — approximately $100,000 less, creating an attractive opportunity for investors seeking value and rental upside. The property features six spacious 1-bedroom/1-bath units, a desirable unit configuration that is easy to rent and straightforward to manage. The property is 100% occupied with long-term tenants, providing immediate in-place income and stability. Additional highlights include a quiet tree-lined street, attractive courtyard, abundant parking, and individual electric metering throughout the complex, helping keep operating expenses manageable. The property is in good condition and offers an investor the opportunity to acquire a well-established multifamily asset without the operational complexity often associated with larger apartment buildings. The units feature large, spacious living areas and bedrooms, along with walk-in closets, providing desirable living space for tenants. Current rents are below market, creating meaningful potential for future rental growth and increased cash flow, subject to applicable laws and market conditions. The location provides convenient access to shopping, restaurants, grocery stores, employment centers, schools and major transportation routes. The Valley Shopping Center, for example, is located in the 91767 area near Arrow Highway and Towne Avenue, while Pomona offers a broad range of shopping, dining and everyday services.
Recently renovated, low-maintenance triplex offering stabilized income and substantial rental upside in Pomona. Situated on an approximately 5,796-square-foot fenced lot, this 2,016-square-foot multifamily property generates over $60,000 in gross annual income from stable long-term tenants. The current cap rate is approximately 6%, with a projected pro forma cap rate exceeding 7% and more than 20% potential rental upside. All three units have been updated with newer faux-wood flooring, updated windows, bright open floor plans, spacious living areas, modern bathrooms, and refreshed kitchens featuring shaker-style cabinetry, solid-surface countertops, stainless-steel sinks, and newer ranges. Additional interior highlights include generously sized bedrooms, dedicated closets, mini-split heating and air conditioning, distinctive spiral staircases, and vaulted bedroom ceilings. Each unit is separately metered for electricity and gas and has its own independent water heater, helping simplify utility management. Recent property improvements completed within the last three years include a newer roof, newer windows, newer water heaters, and newer exterior wood siding. The property also features gated grounds, a small lawn, an outdoor storage shed, four-car covered carport parking, additional open parking, and a laundry room offering potential supplemental income. The spacious lot may provide future ADU potential; buyer to independently verify feasibility, zoning, permits, and development requirements with the City of Pomona. Conveniently located near Western University of Health Sciences, Downtown Pomona, shopping, dining, schools, parks, public transportation, Ontario International Airport, and the 10, 60, and 71 freeways. An excellent opportunity to acquire a cash-flowing Pomona triplex with stable income, updated units, multiple revenue opportunities, and long-term value-add potential. Buyer to verify all information.
Set on an oversized 0.40-acre (17,448 SF) R-2 lot with direct access to the I-10Freeway, 1250 Murchison Ave delivers a rare combination in today's Pomona market: a fully-occupied, cash-flowing triplex on a parcel large enough to support significant future density.The location places tenants within minutes of the Pomona Fairplex and PomonaValley Hospital Medical Center. At the same time, direct freeway access keeps commuters connected to the broader LA and Inland Empire job markets. All three units are currently occupied, generating immediate, stable income from day one of ownership. Combined with the lot's oversized footprint and R-2 zoning, the offering gives investors a rare dual play: hold for cash flow today, or unlock the site's ADU and density potential over time. Few assets in this submarket offer this much land, income, and upside in one package.
Rare DUAL-PROPERTY Investment Opportunity – SFR + 4-Unit Rentals in Pomona, A truly unique chance for savvy investors — two neighboringproperties being sold together for the first time by the original owner. Located in Pomona, these well-maintained properties offer immediate rentalincome potential with room for value-add improvements. Property Highlights: • One Single-Family Residence (SFR) + Four-Unit Rental Building onadjacent lots • Both properties feature updated dual-pane windows, electrical panels, hardwood flooring, and window blinds • The SFR includes a 2-car-attached garage and an enclosed breezeway (converted from screens to dual-pane windows) with an added bathroom — offering ADUpotential • The 4-unit property features a shared driveway with the SFR, exterior single garages, and an interior sink area off the garages that could be converted into a shared laundry facility for additional income Ownership & Maintenance: These properties have been diligently lookedafter by the original homeowner, who lived in the SFR while renting the 4-unit building. The pride of ownership is evident throughout, creating astrong foundation for your investment plans. Call for more details on each property. Investor Potential: With stable rental income, value-add opportunities like laundry facilities or ADU conversion, and RARE SIDE-BY-SIDE OWNERSHIP, this is a prime acquisition in a rent-controlled area with long-term upside.
Don't miss this outstanding opportunity to acquire a well-positioned remodeled 7-unit multifamily property located at 515 E. Pasadena St., Pomona, CA. Featuring a total of 10 bedrooms and 7 bathrooms, this income-producing asset offers investors the potential for stable cash flow, strong pro forma rent potential, and long-term appreciation in one of the Inland Empire's growing rental markets. EVERY UNIT IS MONTH TO MONTH ON THEIR LEASE! The property consists of seven residential units with a desirable unit mix designed to attract a broad tenant base. Situated on a centrally located lot, the property provides convenient access to major freeways, public transportation, and plenty of restaurants and businesses off Holt Ave, making it an attractive option for renters. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this multifamily property presents a compelling opportunity with strong rental demand in the Pomona market. Investors will appreciate the potential for continued income growth while benefiting from the area's ongoing development and convenient Southern California location. Do not disturb tenants! Drive by only. Offer subject to interior inspection. Buyer to verify pro forma figures as they're only an estimate.
Excellent opportunity to acquire two adjacent triplexes totaling 6 units, sold together. Built in 1961/1962, this offering features desirable 2 bed 1 bath units with 1-car garage parking per unit and separate electric and gas meters for each unit, minimizing owner expenses and simplifying management. 100% occupied with in-place rents. Ideally located in Pomona, close to Cal Poly Pomona, downtown Pomona's Arts District, and major freeway access. A turnkey, low-maintenance income opportunity for investors seeking to expand a multifamily portfolio.
1982 built 4-plex with 2BD/1BA and 1 Car detached Garage & Central Air/Heat in each units, plus additional unassigned parking spaces, it is located in an apartment community. Long-term tenants with under-market's rents. Lots of opportunity! GREAT INVESTMENT!
3 Unit Triplex Apartment conveniently located minutes from the 60Hwy. All 3 units were recently remodeled and updated with new flooring, new bathrooms and New HVAC. Each unit has a garage. Entire property is gated for security. There are a total of 4 tenants... all 3 unit are leased and part of the property is leased to the business next door. Property is turn-key and perfect for an investor to continue collecting rent.
BRAND NEW 2026, Luxury Build To Rent Community. 6-UNIT INVESTMENT OPPORTUNITY! Designed for Long-Term Cash Flow & Appreciation. Investment Highlights: * 3 Duplexes / 6 Total Units * 4 Beds / 4 Baths / 1,925 SF Each * Private 2 - Car Garage for Every Unit * 100% individually Metered (Gas, Water & Electric) * Central HVAC & In-Unit Laundry Hookups * Modern Designer Finishes & Stainless Steel Appliances * Projected Gross Income: $300,000+ Annually * Ideal for 1031 Exchange & Long - Term Investors Now Leasing - Immediate Income Potential!
A rare opportunity to own an 11-unit mixed-use income property in Pomona consisting of 8 apartment units and 3 commercial units situated on two adjacent parcels totaling approximately 12,335 SF. The property features a strong rental history with long-term tenants and includes a newly constructed unit ready for lease-up. Based on the owner's provided financial information, the property offers an estimated 5% capitalization rate; buyers are advised to independently verify all income, expenses, and financial information. Additionally, the existing carport may offer the potential to be converted into two Accessory Dwelling Units (ADUs), subject to City approvals and applicable regulations, creating further value-add opportunities. The site may also offer the potential to develop up to 23 units (buyer to verify with the City of Pomona regarding zoning, density, and development requirements). Ideal for investors, developers, and owner-users looking to benefit from existing income with future growth potential.
2459 Angela Street, a four-unit multifamily investment opportunity located in Pomona, California.Built in 1963, the property consists of four residential units totaling approximately 3,818rentable square feet situated on a 7,538 square foot parcel. The attractive unit mix includes one (3 Bed / 1 Bath) unit, two (2 Bed / 1 Bath) units, and one (1 Bed / 1 Bath) unit, providing broad tenant appeal and long-term occupancy stability.The asset offers investors strong in-place income with significant upside potential through future rental growth. Additional features include four garage parking spaces, tenant-paid gas and electricity, and convenient access to the 60 and 71 Freeways, providing excellent connectivity throughout the San Gabriel Valley and Inland Empire.2459 Angela Street may also be acquired in conjunction with the neighboring property at2418 Angela Street, creating a rare opportunity to expand scale and operational efficiencies within a concentrated submarket location.With an attractive unit mix, favorable utility structure, available residential financing, and meaningful rental upside, 2459 Angela Street presents investors with a compelling value-add opportunity in one of Southern California's most supply-constrained housing markets.
FRONT HOUSE VACANT, CAN BE DELIVERED VACANT FOR OWNER/USER. Pleased to exclusively present the opportunity to acquire 547 William Street, a well-maintained four-unit multifamily property located in the City of Pomona, one of the San Gabriel Valley's established and steadily growing rental markets. The property consists of four spacious two-bedroom, one-bathroom units situated on a single parcel. The property offers a distinctive and desirable layout, pairing a charming single-story, cottage-style front residence with three additional units at the rear. The front cottage carries the timeless character and quality craftsmanship of classic early-California construction built in 1907, while the rear units bring a more contemporary floor plan, built in 1979—giving the asset a rare blend of curb-appeal character and functional, tenant-friendly design. Most importantly, all four units have been fully renovated and modernized throughout, so residents enjoy the charm of the property alongside updated, move-in-ready interiors. Recent capital improvements underscore the pride of ownership behind this asset, including new electrical panels installed in 2025 and extensive renovations across the units. The property has been held by the same ownership for more than 25 years, reflecting long-term care, stewardship, and consistent reinvestment. Each unit is equipped with central air conditioning and heating, with two HVAC systems recently replaced. Residents benefit from individually metered gas and electricity, individual hot water heaters, and select plumbing upgrades, including partial repiping in certain units. Additional amenities include an owned on-site laundry facility, providing both tenant convenience and supplemental income potential. With a desirable all two-bedroom floor plan configuration, 23% rental upside, recent capital improvements, individually metered utilities, and strong rental fundamentals, 547 William Street presents investors with an opportunity to acquire a stabilized multifamily asset offering both immediate income and long-term appreciation potential within a supply-constrained Southern California rental market.
Rare investment opportunity in Pomona’s Historic District! Situated on a spacious 9,145 sq. ft. corner lot, this approximately 2,900 sq. ft. property is currently operated as student housing and offers excellent income-producing potential. Built in 1903, the property is conveniently located near Cal Poly Pomona, the Claremont Colleges, Downtown Pomona, shopping, dining, and major freeways. With strong rental demand in the area and future value-add possibilities, this is an attractive opportunity for investors seeking cash flow and long-term growth. Buyer to verify all property details, zoning, and current use. Do not disturb occupants.
3 of 4 UNITS DELIVERED VACANT! 912 W 3rd Street is a fully renovated charming 4-plex with approved plans for a 2-bed/2-bath ADU, delivered mostly vacant in one of Pomona's fastest-growing neighborhoods. 3 of 4 bungalows will be delivered vacant and fully upgraded, featuring new bathrooms, updated kitchens, modern appliances, fresh paint, new flooring, contemporary finishes, storage room, + private yards. The property will include approved ADU plans, allowing an investor to begin construction immediately and add significant value. Once leased, the property will operate at an impressive 7.00% cap rate before even factoring in the ADU. After construction, it projects a 7.61% cap rate and a 9.90 GRM (including build costs), making this an exceptional investment. Whether you're an investor or an owner-user, this 4+1 asset offers immediate strong cash flow, plus the upside of additional equity through ADU development. Prime Location: Minutes from Downtown Pomona's Arts Colony, Western University of Health Sciences, Pomona Valley Hospital, the Metrolink Station, and with direct access to the 10 and 71 freeways. *The sqft reflected represents the ADU conversion.
Pomona is located in California. Pomona, California has a population of 151,592. Pomona is more family-centric than the surrounding county with 31.76% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Pomona, California is $67,549. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Pomona is 33.9 years.
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.