291 W Artesia ST Pomona, CA 91768
10,140 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26013362
HOA Y/N No
Year Built 1959
Lot Size 10,140 Sqft
Property Sub-Type Triplex
Property Description
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
Area 687 - Pomona
Zoning POR3*
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Microwave
Laundry See Remarks
Exterior
Parking Features Assigned, Door-Single, Garage, Private
Garage Spaces 3.0
Garage Description 3.0
Fence None
Pool None
Community Features Sidewalks
View Y/N No
View None
Accessibility Parking
Total Parking Spaces 3
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8359014014
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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