Pomona, CA 91768,291 W Artesia Street
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Pomona, CA 91768,291 W Artesia Street
Pomona, CA 91768,291 W Artesia Street
Pomona, CA 91768,291 W Artesia Street
Pomona, CA 91768,291 W Artesia Street
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$ 1,248,880
Est. payment /mo
New

291 W Artesia Street Pomona, CA 91768

6 Beds

2,540 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $491

MLS Listing ID CROC26013362

Bedrooms 6

HOA Y/N No

Year Built 1959

Lot Size 10,142 Sqft

Acres 0.23

Property Sub-Type Triplex

Property Description

Excellent investment opportunity in Pomona! Zoned triplex offering three units, with two units fully remodeled. Recent improvements include fresh exterior paint and updated landscaping. Each unit features separate gas and electric meters and an assigned one-car garage. Unit Details: • Unit #291: 2 bedrooms, 2 bathrooms, private front patio • Unit #293: 2 bedrooms, 1 bathroom, fully remodeled, front patio, and backyard • Unit #295: 2 bedrooms, 1 bathroom, fully remodeled, front patio, and backyard Located in a quiet residential neighborhood with convenient access to the 10 Freeway and just one block from the Fairplex (LA County Fairgrounds). Close to Pomona Valley Hospital, Brackett Field Airport, Sheraton Hotel, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College. Attractively priced with a strong 4.1% cap rate based on current income ($75,600/year), with local market rents supporting an estimated $96,000/year pro forma income (~5% cap rate). Estimated expense ratio ~35%. Ideal for investors or owner-users seeking a well-located, income-producing property. Buyer to verify income, expenses, and rent control applicability.

Location

State CA

County Los Angeles

Zoning POR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring See Remarks

Fireplace No

Laundry See Remarks

Exterior

View Y/N false

View None

Handicap Access Other

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 8359014014

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Bridge MLS
Listed by Zahra Almahayni • Keller Williams Realty Irvine
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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291 W Artesia Street