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$1,550,000

FOR SALE
Active

515 E Pasadena Street

Pomona, CA

MLS# WS26153245

Apartment
116 days on marketNalren refreshed

Listing Agent

LOU WU

Listing Agent

LOU EDWARDS FINANCIAL INC.

DRE #: 02154371

(949) 870-2882

Brokerage: LOU EDWARDS FINANCIAL INC.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1927

Year Built

0.21 acres

Lot Size

N/A

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Laundry Features
None

Exterior

Private Pool
No
Lot Features
Near Park

Building

Year Built
1927
Building Area Total
4,467
Levels
Two
Property Condition
Updated Remodeled
Stories Total
2

Utilities

Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
2
Parking Total
4

Community / HOA

HOA
No
Association Fee
$0

Sale history for 515 E Pasadena Street → (2 recorded sales)

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