Est. cap rate

3.8%

Assumed rent, all units

$7,320/mo

Units

3

Price per unit

$383,296

Est. annual NOI

$43,920

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

6

Bathrooms

4

Building size

2,540 sqft

Lot size

10,142 sqft

Year built

1959

Stories

1

Garage spaces

3

Heating

Wall Furnace

Cooling

See Remarks

Pool

None

View

None

Status

Active

Days on market

62

MLS #

245052143

About this property

Turnkey Pomona triplex- a fully leased, three-unit income property ready to cash flow from day one. Each unit is individually metered with its own garage, keeping expenses low. Units 293 & 295 were fully remodeled in 2024, so there's little deferred maintenance to worry about. Unit 291 (2BD/2BA) is the largest unit, with a front patio and tenant-added garage laundry hookups. Unit 293 (2BD/1BA) has a front patio plus extra back space, with room to add laundry in the garage. Unit 295 (2BD/1BA) offers a front patio, a large backyard with an avocado tree, and tenant-added garage laundry hookups. Leases are already in place, with room to grow rents toward market over time. It's a diversified income stream in a strong rental location — close to the 10 Freeway, the Fairplex, Cal Poly Pomona, Western University, Pomona Valley Hospital, and Mt. SAC, all of which help keep the units in demand. Buyer/agent to independently verify all income, expenses & rent control applicability.

Location

291 W Artesia

Pomona, Los Angeles, CA, 91768