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Listed by Eric Chen • CB RICHARD ELLIS
$ 13,000,000
Est. payment /mo
Active
1300 West Mission Boulevard Pomona, CA 91766
27,558 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 27,558 sqft
Price per Sqft $471
MLS Listing ID CV-25216135
Year Built 2023
Lot Size 0.612 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
We are proud to offer Mission33, a newly constructed trophy asset, located at 1300 W Mission Blvd in the dynamic and rapidly appreciating city of Pomona.
This unparalleled investment opportunity offers a rare combination of modern luxury, strategic location, and compelling financial performance. With a current cap rate of 5.07%, significant embedded rental upside and rent control exemption, it represents an exceptional addition to any discerning investor's portfolio. The property's 33 individually parceled units further enhance this opportunity, offering a unique and highly flexible exit strategy for a future condo-conversion. Situated at the crossroads of Buena Vista Avenue and W Mission Boulevard, and just minutes from the 10 and 71 freeways, this 33-unit property provides tenants with exceptional access to the entirety of Southern California, cementing its status as a highly desirable residential hub. Featuring meticulously designed 1, 2, and 3-bedroom units, Mission33 is a groundbreaking urban oasis poised to deliver long-term, stable returns in one of the region's most promising markets. For investors seeking a blend of stability, growth, and premium quality, Mission33 represents a truly outstanding chance to capitalize on the sustained demand for high-end, contemporary housing in a vibrant and economically diverse community.
An Unmatched Residential Experience in a Thriving Community Mission33 stands out as a beacon of modern living, offering a comprehensive suite of amenities and features designed to attract and retain high-quality tenants. The property boasts a stunning exterior with modern finishes, secured access, and a gated entry that provides a sense of exclusivity and safety. Residents benefit from a secured subterranean parking garage, complete with electric vehicle (EV) charging stations, as well as guest parking. The well-appointed common areas include an elevator for convenience, a state-of-the-art fitness center/gym, and multiple outdoor courtyards and seating areas featuring public art and modern landscaping. A private mail room and lobby, along with the property's pet-friendly policy, further enhance the tenant experience.
This unparalleled investment opportunity offers a rare combination of modern luxury, strategic location, and compelling financial performance. With a current cap rate of 5.07%, significant embedded rental upside and rent control exemption, it represents an exceptional addition to any discerning investor's portfolio. The property's 33 individually parceled units further enhance this opportunity, offering a unique and highly flexible exit strategy for a future condo-conversion. Situated at the crossroads of Buena Vista Avenue and W Mission Boulevard, and just minutes from the 10 and 71 freeways, this 33-unit property provides tenants with exceptional access to the entirety of Southern California, cementing its status as a highly desirable residential hub. Featuring meticulously designed 1, 2, and 3-bedroom units, Mission33 is a groundbreaking urban oasis poised to deliver long-term, stable returns in one of the region's most promising markets. For investors seeking a blend of stability, growth, and premium quality, Mission33 represents a truly outstanding chance to capitalize on the sustained demand for high-end, contemporary housing in a vibrant and economically diverse community.
An Unmatched Residential Experience in a Thriving Community Mission33 stands out as a beacon of modern living, offering a comprehensive suite of amenities and features designed to attract and retain high-quality tenants. The property boasts a stunning exterior with modern finishes, secured access, and a gated entry that provides a sense of exclusivity and safety. Residents benefit from a secured subterranean parking garage, complete with electric vehicle (EV) charging stations, as well as guest parking. The well-appointed common areas include an elevator for convenience, a state-of-the-art fitness center/gym, and multiple outdoor courtyards and seating areas featuring public art and modern landscaping. A private mail room and lobby, along with the property's pet-friendly policy, further enhance the tenant experience.
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Heating Central
Laundry Dryer Included, Washer Included
Exterior
Parking Features Subterranean
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View Mountain(s)
Building
Lot Description 31-35 Units/Acre
Sewer Public Sewer