897 W Monterey, Pomona, CA 91768

Pomona
Local realty services provided by:ERA Excel Realty
897 W Monterey,Pomona, CA 91768
$1,590,000
  • - Beds
  • - Baths
  • 4,832 sq. ft.
  • Multi-family
  • Active
Listed by: roger kwon
Office: irn realty626-322-2900
MLS#:TR26224598
Source:CRMLS

Price summary

  • Price:$1,590,000
  • Price per sq. ft.:$329.06

About this home

Welcome to an outstanding opportunity to acquire a 5 unit multi-family property that withholds three sizable separate buildings on one given lot. This property is nestled in central Pomona and is conveniently located near downtown. The first building is 1,410 sq ft. The second building is 1,320 sq ft. The third and final building is 2,102 sq ft. Altogether there is 4,832 sq ft of interior living space. Three of the units will be comprised of 1-bed/1-bath. One unit will have 3-bed/1-bath. The final unit has 2-bed/1-bath with a loft space that is accessible via the staircase. This income producing property offers a stable steady cashflow exceeding a 5 pecent cap rate as is. If we consider the pro forma rent potential there is further room for growth. Savvy investors will unequivocally be utterly delighted and will further appreciate that each unit has its own separate electric, gas AND water meter present. Three of the units were updated approximately three years ago. The 2 car parking...

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Home facts

  • Year built:1950
  • Listing ID #:TR26224598
  • Added:7 day(s) ago
  • Updated:October 27, 2026 at 11:33 AM

Rooms and interior

  • Flooring:Carpet, Laminate, Tile, Wood
  • Kitchen Description:Disposal, Gas Range
  • Living area:4,832 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:4,832 sq. ft.
  • Lot area:0.49 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,590,000
  • Price per sq. ft.:$329.06

Features and amenities

  • Appliances:Disposal
  • Laundry features:Inside
  • Amenities:Water Heater

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:2
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