$1,550,000
515 E Pasadena Street
Pomona, CA 91767
—
Beds
—
Baths
9,030
Square feet
1927
Built
Listing narrative
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.
Property Details
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Price
$1,550,000
Beds
Beds n/a
Type
Condo
Home Size
9,030 sqft
Baths
Baths n/a
Lot Size
0.21 acres
Year
1927
Status
For Sale
Days on Market
116
$ / Sqft
$172
Courtesy of LOU EDWARDS FINANCIAL INC.






