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Listed by Zahra Almahayni, DRE #02163304 • Keller Williams Realty Irvine
$1,149,888
Est. payment /mo
6 Beds
4 Baths
2,540 SqFt
Active
291 W Artesia Pomona, CA 91768
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $452
MLS Listing ID CROC26158718
Bedrooms 6
Full Baths 4
Year Built 1959
Lot Size 10,142 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Turnkey Pomona triplex - a fully tenant-occupied, three-unit investment property generating income from day one, with built-in upside as rents move toward market. Individually metered, with a 1-car garage per unit and fresh exterior paint. Units 293 & 295 were fully remodeled in 2024; 293 also features new flooring and fresh interior paint. Unit 291 (2BD/2BA) is the largest of the three, with a front patio and tenant-added W/D hookups in the garage; tenant-occupied at $1,785/mo, month-to-month. Unit 293 (2BD/1BA) has a front patio plus back space; no W/D hookups, though the garage has potential to add them; tenant-occupied at $2,300/mo. Unit 295 (2BD/1BA) offers a front patio and large backyard with an avocado tree, plus tenant-added W/D hookups; tenant-occupied at $2,289/mo, month-to-month. Pro forma income of $85,050/yr at market rents ($2,400 / $2,300 / $2,350) - a clear path to increased returns as leases turn over. Diversified three-unit income stream in a high-demand rental corridor: direct 10 Fwy access, 1 block to the Fairplex, and close proximity to Cal Poly Pomona, Western University, Pomona Valley Hospital, and Mt. SAC - draws that support steady tenant demand. Buyer/agent to independently verify all income, expenses & rent control applicability.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POR3*
Rooms
Kitchen Dishwasher, Garbage Disposal, Microwave, Oven - Gas
Interior
Heating Wall Furnace
Cooling Other
Fireplaces Type None
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 3.0
Pool None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 8359014014
Special Listing Condition Not Applicable
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