897 W Monterey, Pomona, CA 91768
Local realty services provided by:CENTURY 21 Lois Lauer 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 garage is currently vacant. It has ADU conversion potential. The seller is currently awaiting final approval from LA County regarding it. Each unit has 2 parking spots to take advantage of outside. Last but not least, there is easy access to dining, entertainment, public transportation, freeways and schools. This is an incredible opportunity you will not want to miss out on. TAKE ADVANTAGE WHILE YOU CAN!!!!...
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Home facts
- Year built:1950
- Listing ID #:TR26224598
- Added:4 day(s) ago
- Updated:October 24, 2026 at 11:28 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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