291 W Artesia Street, Pomona, CA 91768
- $1,149,888
- List Price
- $1,149,888
- Price Change
- ▼ $45,112 1783492098
- Status
- ACTIVE
- MLS#
- OC26013362
- Year Built
- 1959
- Lot Size
- 10,142
- Acres
- 0.23
- Days on Market
- 178
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
Turnkey Pomona triplex — a fully tenant-occupied, three-unit investment property generating income from day one, with built-in upside as rents move toward market. Individually metered, with a 1-car garage per unit and fresh exterior paint. Units 293 & 295 were fully remodeled in 2024; 293 also features new flooring and fresh interior paint. Unit 291 (2BD/2BA) is the largest of the three, with a front patio and tenant-added W/D hookups in the garage; tenant-occupied at $1,785/mo. Unit 293 (2BD/1BA) has a front patio plus back space; no W/D hookups, though the garage has potential to add them; tenant-occupied at $2,300/mo. Unit 295 (2BD/1BA) offers a front patio and large backyard with an avocado tree, plus tenant-added W/D hookups; tenant-occupied at $2,289/mo. Pro forma income of $85,050/yr at market rents ($2,400 / $2,300 / $2,350) — a clear path to increased returns as leases turn over. Diversified three-unit income stream in a high-demand rental corridor: direct 10 Fwy access, 1 block to the Fairplex, and close proximity to Cal Poly Pomona, Western University, Pomona Valley Hospital, and Mt. SAC — draws that support steady tenant demand. Buyer/agent to independently verify all income, expenses & rent control applicability.
Additional Information
- Appliances
- Dishwasher, Gas Oven, Microwave
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Stucco
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $76,500
- Operating Expense
- 24660
Listing courtesy of Listing Agent: Zahra Almahayni (zalmahayni@yahoo.com) from Listing Office: Keller Williams Realty Irvine.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.