1031 Friar Lane, Pomona, CA 91766
Local realty services provided by:ERA North Orange County Real Estate
1031 Friar Lane,Pomona, CA 91766
$1,259,000
- - Beds
- - Baths
- 4,125 sq. ft.
- Multi-family
- Active
Listed by: ricky lee, yuan le
Office: ricky&jessie realty
MLS#:TR25263034
Source:CRMLS
Price summary
- Price:$1,259,000
- Price per sq. ft.:$305.21
About this home
Investment Opportunity! Discover this well-maintained fourplex in the City of Pomona, offering strong rental income and excellent future upside. The front unit, Unit A, is a rare single-story 3-bedroom, 2-bath layout featuring a private backyard, giving tenants a desirable home-like living experience. The property offers significantly stronger cash flow compared to single-family homes or condos, making it an attractive choice for investors seeking both stability and income.
Attached to Unit A is a two-story triplex consisting of three additional units. Units B and C are well-designed 2-bedroom, 1-bath units located on the upper level, while Unit D, situated downstairs, offers 2 bedrooms and 1.5 baths. All units benefit from the convenience of onsite parking, including four single-car garages and additional guest parking spaces.
The property is separately metered with four electric meters, four gas meters, and one water meter. Tenants also enjoy a fenced front yard, full perimeter wood fencing, and a secure gated entry for added privacy and peace of mind. The exterior of the building was recently painted, making the property clean, attractive, and ready for a new owner to take over.
Current monthly rents are below market, providing a great value-add opportunity. The property generates a total monthly gross rent of $6,280, resulting in annual gross income of $75,360.
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Home facts
- Year built:1964
- Listing ID #:TR25263034
- Added:7 day(s) ago
- Updated:December 18, 2025 at 10:25 PM
Rooms and interior
- Living area:4,125 sq. ft.
Structure and exterior
- Year built:1964
- Building area:4,125 sq. ft.
- Lot area:0.23 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,259,000
- Price per sq. ft.:$305.21
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