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. Additionally, the existing carport may offer the potential to be converted into two Accessory Dwelling Units, subject to City approvals and applicable regulations, creating further value-add opportunities. The site may also offer potential to develop up to 23 units (buyer to verify with the City of Pomona regarding zoning and development requirements). Ideal for investors, developers, and owner-users looking to benefit from existing income with future growth potential.