Pomona (687) Homes with Apartment Subtype

Pomona (687) Homes with Apartment Subtype

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Newest Pomona (687) Homes with Apartment Subtype

$2,300,000
CV26198376 MLS Active Status
This well-located property sits in the heart of Pomona, minutes from the retail corridor along Foothill Boulevard and Garey Avenue, providing tenants with convenient access to destinations like Target, Costco, CVS, and Starbucks. Its central positioning places residents within a short distance of the Downtown Pomona Metrolink Station, connecting directly to Los Angeles Union Station, as well as the city's growing Arts District, the historic Fox Theater, and the Pomona Fairplex, home to the Los Angeles County Fair. Cal Poly Pomona and Western University of Health Sciences anchor the area's strong educational profile, drawing a steady stream of faculty, staff, and graduate renters to the submarket. 1072 W Wilson Street is a 10-unit multifamily property spanning a ±17,442 SF parcel with ±8,104 SF of gross rentable area, featuring four 1-bedroom/1-bathroom and six 2-bedroom/1-bathroom units averaging 810 SF each. Built in 1955 and comprising three buildings across two stories, the asset sits on a generously sized lot with ample outdoor space and strong curb appeal. The property features mature landscaping, a spacious courtyard, secured gated access, an on-site laundry facility, and 10 enclosed garages available for parking or storage. Several units have been fully renovated with new flooring, kitchens, and bathrooms. All homes are equipped with oven ranges, tub/shower combinations, and wall AC and heating. New exterior painting and meaningful capital improvements have been completed within the past few years. 1072 W Wilson Street is a well-maintained multifamily asset in one of LA County's most consistent rental markets. Pomona's position at the crossroads of Los Angeles County and the Inland Empire attracts a diverse renter pool, from young professionals and university-affiliated tenants to working families, providing long-term demand stability.

1072 W WILSON Street, Pomona

$1,220,000
AR26175151 MLS Active Status
Fully occupied six-unit multifamily property featuring six 1-bedroom/1-bath units, located on a quiet, tree-lined residential street in a high-demand rental area. Gate property and new roof. One of the property's strongest advantages is its exceptional entry price. A comparable 6-unit property on Karesh Avenue, 602 Karesh Ave., is currently offered at $1,320,000. This property is offered at just $1,220,000 — approximately $100,000 less, creating an attractive opportunity for investors seeking value and rental upside. The property features six spacious 1-bedroom/1-bath units, a desirable unit configuration that is easy to rent and straightforward to manage. The property is 100% occupied with long-term tenants, providing immediate in-place income and stability. Additional highlights include a quiet tree-lined street, attractive courtyard, abundant parking, and individual electric metering throughout the complex, helping keep operating expenses manageable. The property is in good condition and offers an investor the opportunity to acquire a well-established multifamily asset without the operational complexity often associated with larger apartment buildings. The units feature large, spacious living areas and bedrooms, along with walk-in closets, providing desirable living space for tenants. Current rents are below market, creating meaningful potential for future rental growth and increased cash flow, subject to applicable laws and market conditions. The location provides convenient access to shopping, restaurants, grocery stores, employment centers, schools and major transportation routes. The Valley Shopping Center, for example, is located in the 91767 area near Arrow Highway and Towne Avenue, while Pomona offers a broad range of shopping, dining and everyday services.

756 Karesh, Pomona

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.