Yvette Watson - Coldwell Banker Commercial Real Estate Solutions Logo
$1,550,000
 $8,321 est/mo Sourced by Back At You

515 E Pasadena Street,Pomona, CA 91767

Pomona, CA 91767

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Description

Don't miss this outstanding opportunity to acquire a well-positioned remodeled 7-unit multifamily property located at 515 E. Pasadena St., Pomona, CA. Featuring a total of 10 bedrooms and 7 bathrooms, this income-producing asset offers investors the potential for stable cash flow, strong pro forma rent potential, and long-term appreciation in one of the Inland Empire's growing rental markets. EVERY UNIT IS MONTH TO MONTH ON THEIR LEASE! The property consists of seven residential units with a desirable unit mix designed to attract a broad tenant base. Situated on a centrally located lot, the property provides convenient access to major freeways, public transportation, and plenty of restaurants and businesses off Holt Ave, making it an attractive option for renters. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this multifamily property presents a compelling opportunity with strong rental demand in the Pomona market. Investors will appreciate the potential for continued income growth while benefiting from the area's ongoing development and convenient Southern California location. Do not disturb tenants! Drive by only. Offer subject to interior inspection. Buyer to verify pro forma figures as they're only an estimate.

Details

MLS #WS26153245
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1927
Days On Site57
Listing Provided ByLOU EDWARDS FINANCIAL INC. | LOU WU

Features

SQ Feet4,467
Garage2
Story(s)2
Units7
Building(s)3
Acreage0.21

Exterior

Lot FeaturesNear Park

Parking

Garage Yes / NoYes

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Location

Community FeaturesSuburban, Park

Taxes

Property16878

Area Information

StateCA
CountyLos Angeles
CityPomona
Zip Code91767
Area687 Pomona
Listing VS Median (in 91767)
Price:
$1,550,000
low | high
Med:
$1,220,000
71.290322580645% of Average
sqft:
4,467
low | high
Med:
3,838
64.081038728453% of Average
$ / sqft:
$347
low | high
Med:
$318
58.390794936879% of Average
On site:
57
low | high
Med:
29
100% of Average
Sourced by Back At You

Market Activity 91767

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Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountyLos Angeles
CityPomona
Zip Code91767
Area687 Pomona
Listing VS Median (in 91767)
Price:
$1,550,000
low | high
Med:
$1,220,000
71.290322580645% of Average
sqft:
4,467
low | high
Med:
3,838
64.081038728453% of Average
$ / sqft:
$347
low | high
Med:
$318
58.390794936879% of Average
On site:
57
low | high
Med:
29
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.162M - $1.937M
sqft: 3,000 - 5,500
Nearby Listings Property ImageNearby Listings Details
370 N Palomares Property Photo 1
$1,050,000
370 N Palomares
Pomona, CA 91767
Listing Updated: August 22, 2026 at 12:06:37 AM PDT

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions