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Listed by Kristopher German • RE/MAX 2000 REALTY
$ 898,000
Est. payment /mo
New
622 South Hamilton Boulevard Pomona, CA 91766
2,336 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,336 sqft
Price per Sqft $384
MLS Listing ID CV-25158050
Year Built 1949
Lot Size 6,516 Sqft
Property Sub-Type Apartment
Property Description
Just listed and PRICED TO SELL, this fully single-story, detached 3-unit property in Pomona offers immediate cash-flow and long-term upside in one of the area's most active rental markets. Spanning 2,336 rentable square feet on a 6,516 square foot lot, the property features a spacious 5-Bedroom/2-Bath single-family residence, a detached 2-Bedroom/1-Bath cottage, and a newly built 1-Bedroom/1-Bath ADU making it an ideal investment for both traditional investors and owner-users seeking supplemental income. With a current CAP rate of 7.43% and a 10.27 GRM, the asset delivers strong in-place returns with additional income potential through future rent increases. All units are equipped with air conditioning and have been updated over time, offering a move-in-ready experience for tenants. Utilities are separately metered for electricity and gas, and the property includes gated entry and onsite parking, ensuring convenience for residents. Located just minutes from Western University, public transit, and major shopping centers, this property offers both solid current income and excellent long-term appreciation potential. Don't miss the chance to own a rare, fully detached triplex in a high-demand rental corridor.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POR2*
Interior
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Paved, Assigned, Concrete
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer