Excellent investment opportunity in Pomona! Zoned triplex offering three units, with two units fully remodeled. Recent improvements include fresh exterior paint and updated landscaping. Each unit features separate gas and electric meters and an assigned one-car garage.
Unit Details:
• Unit #291: 2 bedrooms, 2 bathrooms, private front patio
• Unit #293: 2 bedrooms, 1 bathroom, fully remodeled, front patio, and backyard
• Unit #295: 2 bedrooms, 1 bathroom, fully remodeled, front patio, and backyard
Located in a quiet residential neighborhood with convenient access to the 10 Freeway and just one block from the Fairplex (LA County Fairgrounds). Close to Pomona Valley Hospital, Brackett Field Airport, Sheraton Hotel, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College.
Attractively priced with a strong 4.1% cap rate based on current income ($75,600/year), with local market rents supporting an estimated $96,000/year pro forma income (~5% cap rate). Estimated expense ratio ~35%.
Ideal for investors or owner-users seeking a well-located, income-producing property. Buyer to verify income, expenses, and rent control applicability.
2,540 Sq Ft
0.2328 Private Acres Lot Size
investment
Built in 1959
MLS/Listing ID OC26013362
1 Stories
3 Units
Parking - Assigned
Cooling - Ceiling Fans
Heating - Wall Furnace
Community - Sidewalks
Microwave
Cooling - Wall/window unit(s)
Construction - Stucco
Gas Oven
Parking - Door Single
Parking - Garage
Parking - Private
Parking
Dishwasher
TOTAL MONTHLY COST
$0
$0
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