Prime Residential Income Property – 9-Unit Multi-Tenant Investment Opportunity
Located in the heart of Pomona, this multi-tenant residential income property offers a fantastic opportunity for investors or those looking to expand their rental portfolio. The property features nine total units, including eight studio apartments and one two-bedroom unit. Each unit is equipped with a full bathroom and either a full kitchen or kitchenette for added convenience.
The layout consists of a front building with five units, while two duplexes at the rear provide an additional four units. Currently, four units are leased, with a fifth lease in negotiation, ensuring immediate rental income potential. Additionally, the property qualifies for Section 8, expanding tenant eligibility and increasing investment security.
Situated in a prime location at 455 N. Hamilton Blvd., Pomona (Los Angeles County), this property is close to shopping, dining, public transportation, and major highways, making it highly desirable for renters. **Don’t let this incredible investment opportunity slip away—act now to secure your future income goals**
The income description goes here to explain
List Price | $1,750,000 |
Property Type | Condo/Co-Op |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 0 spots |
Year Built | 1947 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 8348009002 |
MLS # | CV25032834 |
Property ID | 291738559 |
Lot Sqft | 9,195 |
Zoning | POC4* |
Total Units | 9 |
Days on Market | 37 |
Original List Price | $1,750,000 |
Date Updated | March 04, 2025 |
Date Created | February 13, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $7,750 | $0 |
Net Income (Yr) | $ 102,489 |
Cap Rate | 7.2% |
Christopher Fox an agent of . Lic #01847774
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
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REAL ESTATE AGENT