515 E Pasadena Street Pomona, CA $ 1,550,000
515 E Pasadena Street
$ 1,550,000
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515 E Pasadena Street

Pomona, CA, 91767
$ 1,550,000
Baths1.0 Sq 4,467

Monthly Estimate*

$ 9,787

Listed by LOU EDWARDS FINANCIAL INC.
515 E Pasadena Street, Pomona, CA 91767 - Image 1
515 E Pasadena Street, Pomona, CA 91767 - Image 2
515 E Pasadena Street, Pomona, CA 91767 - Image 3
515 E Pasadena Street, Pomona, CA 91767 - Image 4
515 E Pasadena Street, Pomona, CA 91767 - Image 5
515 E Pasadena Street, Pomona, CA 91767 - Image 6
515 E Pasadena Street, Pomona, CA 91767 - Image 7
515 E Pasadena Street, Pomona, CA 91767 - Image 8
515 E Pasadena Street, Pomona, CA 91767 - Image 9
515 E Pasadena Street, Pomona, CA 91767 - Image 10
515 E Pasadena Street, Pomona, CA 91767 - Image 11
515 E Pasadena Street, Pomona, CA 91767 - Image 12
Studio

Multi-Family Home for sale in Pomona, CA

for $1,550,000 with 1 full bath. This 4,467 square foot home was built in 1927 on a lot size of 0.2073.

Don't miss this outstanding opportunity to acquire a well-positioned remodeled 7-unit multifamily property located at 515 E. Pasadena St., Pomona, CA. Featuring a total of 10 bedrooms and 7 bathrooms, this income-producing asset offers investors the potential for stable cash flow, strong pro forma rent potential, and long-term appreciation in one of the Inland Empire's growing rental markets. EVERY UNIT IS MONTH TO MONTH ON THEIR LEASE! The property consists of seven residential units with a desirable unit mix designed to attract a broad tenant base. Situated on a centrally located lot, the property provides convenient access to major freeways, public transportation, and plenty of restaurants and businesses off Holt Ave, making it an attractive option for renters. Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this multifamily property presents a compelling opportunity with strong rental demand in the Pomona market. Investors will appreciate the potential for continued income growth while benefiting from the area's ongoing development and convenient Southern California location. Do not disturb tenants! Drive by only. Offer subject to interior inspection. Buyer to verify pro forma figures as they're only an estimate.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 16,878

Style

Lot Size

0.2073

Year Built

1927

Town/City

Pomona

County/Region

Los Angeles

MLS | Web ID

WS26153245

Days on Market

1

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1927
Tenant Pays Electricity Gas Sewer Telephone
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 154080
Community Features Suburban Park
County Los Angeles
Net Operating Income 116758
Operating Expense 37322
Insurance Expense 3747
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions TOWNE AVE AND PASADENA ST
City Pomona
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 7
MLS Area 687 - Pomona
Lot Size Units Square Feet
Lot Size Square Feet 9028
Number of Units Leased 7
Listing Terms Cash to New Loan
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 16878.7
Electric Expense 0
Current Financing Other
Fuel Expense 0
Property Condition Updated/Remodeled
Trash Expense 8513
Water Sewer Expense 1114
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 14
Total Actual Rent 12840
Property Sub Type Additional Apartment
Taxes 19375
Cap Rate 7.53
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features None
Entry Level 1
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Exterior
Lot Features Near Park
Water Source Public
Total Parking 4
Lot Size Area 9028
Number of Buildings 3
Building Area Total 4467
Lot Size Acres 0.2073
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 3
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Lou Edwards Financial Inc.

Broker

lou@lou-edwards.com

Email

Affordability Calculator

$11,193
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,787
Monthly Property Taxes
$1,407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$1,550,000 Listed Price

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515 E Pasadena Street, Pomona, CA, 91767 is a Multi-Family Home for sale at $1,550,000 with 4,467 sqft and a lot size of 0.2073. 515 E Pasadena Street is a studio with 1.0 baths and was built in 1927. The property's zip code is 91767 which is in Pomona, CA