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Residential Income - 897 W Monterey, Pomona, CA

$1,590,000

897 W Monterey, Pomona, CA

MLS# TR26224598

897 W Monterey, Pomona, CA 91768 - $1,590,000 · Multi-Family Home for Sale, photo 1 897 W Monterey, Pomona, CA 91768 - $1,590,000 · Multi-Family Home for Sale, photo 2 897 W Monterey, Pomona, CA 91768 - $1,590,000 · Multi-Family Home for Sale, photo 3 897 W Monterey, Pomona, CA 91768 - $1,590,000 · Multi-Family Home for Sale, photo 4 897 W Monterey, Pomona, CA 91768 - $1,590,000 · Multi-Family Home for Sale, photo 5
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Description

Welcome to an outstanding opportunity to acquire a 5 unit multi-family property that withholds three sizable separate buildings on one given lot. This property is nestled in central Pomona and is conveniently located near downtown. The first building is 1,410 sq ft. The second building is 1,320 sq ft. The third and final building is 2,102 sq ft. Altogether there is 4,832 sq ft of interior living space. Three of the units will be comprised of 1-bed/1-bath. One unit will have 3-bed/1-bath. The final unit has 2-bed/1-bath with a loft space that is accessible via the staircase. This income producing property offers a stable steady cashflow exceeding a 5 pecent cap rate as is. If we consider the pro forma rent potential there is further room for growth. Savvy investors will unequivocally be utterly delighted and will further appreciate that each unit has its own separate electric, gas AND water meter present. Three of the units were updated approximately three years ago. The 2 car parking garage is currently vacant. It has ADU conversion potential. The seller is currently awaiting final approval from LA County regarding it. Each unit has 2 parking spots to take advantage of outside. Last but not least, there is easy access to dining, entertainment, public transportation, freeways and schools. This is an incredible opportunity you will not want to miss out on. TAKE ADVANTAGE WHILE YOU CAN!!!!

Property details

Year built
1950
Property type
Residential Income
Lot size
21,273 sqft

Location

897 W Monterey • Pomona, CA 91768

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Listing Agent

Roger Kwon

DRE #: 02002355

Brokerage: IRN Realty

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CRMLS

MLS# TR26224598

Listed: 10/19/2026 2:57 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/19/2026 10:10 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: IRN Realty

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715