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Listed by Vince Kwon • IRN Realty
$1,690,000
Est. payment /mo
3,955 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 3,955 sqft
Price per Sqft $427
MLS Listing ID TR-26170891
Year Built 1960
Lot Size 0.351 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
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.
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 6.0
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900