Est. cap rate

3.3%

Assumed rent, all units

$5,880/mo

Units

3

Price per unit

$353,000

Est. annual NOI

$35,280

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

3

Building size

2,540 sqft

Lot size

10,142 sqft

Year built

1959

Stories

1

Garage spaces

3

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

0

MLS #

248871124

About this property

Turnkey Pomona triplex - three single-story units, each with its own 1-car garage and separate gas and electric meters to help keep owner expenses low. Units 293 and 295 were fully remodeled in 2024, the exterior is freshly painted, and Unit 293 also has fresh interior paint and new flooring this year. Unit 291 (2BD/2BA) is the largest, with a front patio and washer/dryer hookups in the garage. Unit 293 (2BD/1BA) offers a front patio plus extra back space, with room to add garage laundry. Unit 295 (2BD/1BA) features a front patio and a large backyard with a producing avocado tree, plus washer/dryer hookups in the garage. Strong rental corridor with direct 10 Freeway access, minutes from the Fairplex, and close to Cal Poly Pomona, Western University, Pomona Valley Hospital and Mt. SAC. An ideal low-maintenance addition to any portfolio. Buyer and buyer's agent to independently verify all income, expenses and rent control applicability.

Location

291 W Artesia Street

Pomona, Los Angeles, CA, 91768