291 W Artesia St

Pomona, CA 91768
  • $1,248,880

    Price
  • 6

    Bed
  • 4

    Bath
  • 2,540

    SqFt

About the Listing H04106 - OCALMAZAH

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.

Listing Highlights

Status Active
Days on Site 12
Property Type Multi-Family
MLS ® OC26013362
Year Built 1959
Total Square Footage 2,540
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances: Dishwasher, Gas Oven, Microwave
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: See Remarks
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s)
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Zoning: POR3*
  • Roof:
  • Others: Stucco,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Assigned,Door-Single,Garage,Private

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 8359014014
  • Tax Year: N/A

Payment Calculator

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Questions About..

291 W Artesia St Pomona, CA 91768

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Originating MLS: CRMLS

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