515 E Pasadena Street

Property Overview

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.

Home Details

Property type: Residential Income - Apartment
Year built: 1927
Lot size: 9,028 sq ft
Parking: 4 spaces
Garage: 2 spaces
Stories: 2
Days on market: 0
MLS status: Active

Features & Amenities

Pool

None

Lot

Near Park

Community, Schools & Utilities

Community

Annual property tax: $16,878.7

Utilities

Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Pomona, CA 91767

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Frequently Asked Questions About 515 E Pasadena Street

Property type: Residential Income

The current asking price is $1,550,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 515 E Pasadena Street. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1927. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Pomona, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Pomona property.

The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.