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$1,550,000
Est. payment /mo
7 Beds
4 Baths
9,028 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26153245
Bedrooms 7
Lot Size 9,028 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Estimated
Direction TOWNE AVE AND PASADENA ST
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 8337010015
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Listed by LOU WU, DRE#02154371 LOU EDWARDS FINANCIAL INC.
NEARBY SCHOOL & BUSINESS
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