Property Detail
Description
A rare opportunity to own an 11-unit mixed-use income property in Pomona consisting of 8 apartment units and 3 commercial units situated on two adjacent parcels totaling approximately 12,335 SF. The property features a strong rental history with long-term tenants and includes a newly constructed unit ready for lease-up. Based on the owner's provided financial information, the property offers an estimated 5% capitalization rate; buyers are advised to independently verify all income, expenses, and financial information. Additionally, the existing carport may offer the potential to be converted into two Accessory Dwelling Units (ADUs), subject to City approvals and applicable regulations, creating further value-add opportunities. The site may also offer the potential to develop up to 23 units (buyer to verify with the City of Pomona regarding zoning, density, and development requirements). Ideal for investors, developers, and owner-users looking to benefit from existing income with future growth potential.
Map Location
Listing provided courtesy of JOYCE LEE of GLOBAL INV. GRP.,INC.. Last updated 2026-07-08 08:11:32.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
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