$6,880,000

Estimated payment $45,280/month

Total Views 2,180
3 Beds
2 Baths
23,694 Sq Ft
$290 Price per Sq Ft

Highlights

  • 0.92 Acre Lot
  • Community Pool
  • Laundry Room

About This Home

We are pleased to present the opportunity to acquire a 30-unit value-add multifamily, located in City of Pomona. Built in 1963, the subject proporty is located at one of the most desirable rental market in San Gabriel Valley, and it offers an excellent unit mix comprised of (1) one-bedroom unit and (29) two-bedroom units. The property offers private gated entrance and well-maintained common area with attractive financial. Potential ADU. Buyer to satisfy its own investigation.

Listing Agent

Grady(626) 407-7 Liu 314 Ar Ag

MacroReal Inv Grp Inc. Brokerage Email: gradyl@macroreal.com License #01290494

Co-Listing Agent

Hao Ding

MacroReal Inv Grp Inc. Brokerage Email: gradyl@macroreal.com License #02024511

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.92 Acre Lot
  • Two or More Common Walls

Home Design

  • Apartment

Interior Spaces

  • 23,694 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Tract Number 1
  • Assessor Parcel Number 8327011021
  • Tax Block 197
  • $7,059 per year additional tax assessments

Community Details

Recreation

  • Community Pool

Building Details

  • Rent Control
  • 31 Separate Electric Meters
  • 31 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $663,084
  • Net Operating Income $425,774

Additional Features

  • 30 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Price Per Unit: 229333
  • Property Attached: Yes
  • Zoning: POR31000*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 8327011021
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Ground
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 290.37

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 40187.00
  • Lot Size Acres: 0.9226

Multi Family

  • Gross Operating Income: 663084.00
  • Gross Scheduled Income: 656481.00
  • Lot Size Area: 40187.0000 Square Feet
  • Net Operating Income: 425774.00
  • Number Of Separate Electric Meters: 31
  • Number Of Separate Gas Meters: 31
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 30
  • Operating Expense: 237310.00
  • Other Income1: 26297.00
  • Rent Control: Yes
  • Vacancy Allowance: 19694

Tax Info

  • Tax Block: 197
  • Tax Census Tract: 4028.01
  • Tax Tract Number: 0.90
  • TaxOtherAnnualAssessmentAmount: 7059.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $6,880,000 +162.1% $290 / Sq Ft
04/26/2013 04/26/13 Sold $2,625,000 -2.8% $111 / Sq Ft
04/21/2013 04/21/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $2,700,000 -- $114 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25087006

California Regional Multiple Listing Service (CRMLS)