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$1,900,000
Est. payment /mo
6,163 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Pending
Purchase Type For Sale
Square Footage 6,163 sqft
Price per Sqft $308
MLS Listing ID 250042185
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
Prime 9-Unit Mixed-Use Property in Pomona's High-Traffic Corridor Unlock the potential of this 6,163 SF apartment and retail property, generating $13,360/month in rental income. Situated on a spacious 26,032 SF lot (.60 acres) in Pomona's bustling corridor, this property boasts exceptional visibility with ±24,000 daily vehicles and easy access to four major freeways. Key Highlights:9 Units (Multifamily & Retail): Stable income stream with $13,360/month. Flexible Zoning (POC4):* Allows for high-density multifamily development up to 4 stories and 40 dwelling units per acre, with potential for ±70 units. Versatile Development Opportunities: Ideal for ground-up multifamily, retail, commercial, or mixed-use redevelopment. Strategic Location: Prime spot in Pomona's high-traffic corridor, perfect for maximizing investment returns. Adjacent Industrial Property Available: Expand your portfolio with additional development potential. This property offers a rare combination of immediate cash flow and significant redevelopment upside in a thriving, high-demand area. Perfect for investors, developers, or owner-occupiers seeking a versatile asset in a prime location.
Location
State CA
County Los Angeles
Zoning CSP
Interior
Fireplace No
Exterior
Carport Spaces 2
View Y/N No
Total Parking Spaces 20
Building
Story 1
Others
Senior Community No
Tax ID 8348-006-008
Virtual Tour https://www.propertypanorama.com/instaview/snd/250042185
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Listed by Stefan N Misiraca Sovessa Inc.
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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