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1031 Friar Lane, Pomona, CA 91766

Fourplex · 2 recorded sales since 2022

1031 Friar Lane, Pomona, CA 91766 Sold March 2026 CRMLS
$1,100,000Sold March 2026

Listing Agent: Ricky Lee (DRE #01932116) · Listing Office: Ricky&Jessie Realty · Contact: 9093483956 · Bought with: Chao Chiao · IRN Realty · MLS #TR25263034 · Source: CRMLS

9,803 sqft
Lot Size
1964
Year Built
Fourplex
Type
2
Stories
4
Garage

About this fourplex

Investment Opportunity! Discover this well-maintained fourplex in the City of Pomona, offering strong rental income and excellent future upside. The front unit, Unit A, is a rare single-story 3-bedroom, 2-bath layout featuring a private backyard, giving tenants a desirable home-like living experience. The property offers significantly stronger cash flow compared to single-family homes or condos, making it an attractive choice for investors seeking both stability and income. Attached to Unit A is a two-story triplex consisting of three additional units. Units B and C are well-designed 2-bedroom, 1-bath units located on the upper level, while Unit D, situated downstairs, offers 2 bedrooms and 1.5 baths. All units benefit from the convenience of onsite parking, including four single-car garages and additional guest parking spaces. The property is separately metered with four electric meters, four gas meters, and one water meter. Tenants also enjoy a fenced front yard, full perimeter wood fencing, and a secure gated entry for added privacy and peace of mind. The exterior of the building was recently painted, making the property clean, attractive, and ready for a new owner to take over. Current monthly rents are below market, providing a great value-add opportunity. The property generates a total monthly gross rent of $6,280, resulting in annual gross income of $75,360.

Listing description from the March 2026 sale, as reported to CRMLS.

Sale history

$1,100,000
Sold March 2026 · listed $1,199,000, orig. $1,259,000, on market November 2025 · MLS #TR25263034 · Source: CRMLS
Listing Agent: Ricky Lee · Listing Office: Ricky&Jessie Realty · Contact: 9093483956 · Bought with: Chao Chiao · IRN Realty
$1,118,000
Sold June 2022 · listed $1,110,000, on market May 2022 · MLS #PW22090308 · Source: CRMLS
Listing Agent: Arturo Nunez · Listing Office: California 2000's R.E · Contact: 714-543-4764 · Bought with: Mona Fang · Mona Fang, Broker
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