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Duplex at 952 Locust
$629,000
952 Locust
Pomona, Los Angeles, 91766
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
3.8%
Assumed rent, all units
$4,000/mo
Units
2
Price per unit
$314,500
Est. annual NOI
$24,000
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.

5.0%
50%
25%
7.00%
Effective gross income
$45,600
Operating expenses
$22,800
Net operating income
$22,800
Annual debt service
$37,663
Annual cash flow
-$14,863
Cash on cash return
-9.5%
Down payment
$157,250

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
Duplex
Bedrooms
2
Building size
910 sqft
Lot size
3,041 sqft
Year built
1930
Stories
1
Garage spaces
0
Pool
None
View
None
Status
Active
Days on market
0
MLS #
249156767

About this property

Two units, multiple income possibilities, and significant improvements already completed! This Pomona duplex presents an appealing opportunity for investors seeking rental income and long-term ownership potential. ~~~ The property features two distinct floor plans: a one-bedroom, one-bathroom unit on the left and a two-bedroom, one-bathroom unit on the right. The two-bedroom residence offers driveway parking for two vehicles, while the one-bedroom unit utilizes street parking. Both units include laundry hookups and separate gas and electric meters for convenient utility billing. A new roof and exterior painting completed in 2025 add value while helping reduce near-term capital improvement needs. ~~~ Conveniently situated near shopping, restaurants, universities, the library, and Civic Center, the property offers easy access to employment, education, and everyday essentials. With two rental units, recent improvements, and a desirable central location, this duplex offers a practical opportunity to build or expand a real estate investment portfolio. ~~~

Location

952 Locust

Pomona, Los Angeles, CA, 91766

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

952 Locust, Pomona CA | Multifamily for Sale