370 N Palomares, Pomona, CA, CA 91767
- $1,050,000
- List Price
- $1,050,000
- Status
- ACTIVE
- MLS#
- AR26161510
- County
- Los Angeles
- Year Built
- 1904
- Building Square Feet
- 3,068
- Square Feet
- 6,028
- Days on Market
- 3
- Property Type
- Multifamily
- Stories
- One Level
Property Description
Exceptional investment opportunity! This well-maintained income property features an original duplex plus two newly constructed ADUs (completed in 2024), offering a total of 4 units in a highly desirable Pomona location near Western University of Health Sciences with convenient access to the 10, 60, and 71 Freeways. Unit Highlights: 366 N Palomares St – Newer 2-bedroom, 1-bath ADU, built in 2024. 368 N Palomares St – Newer 1-bedroom, 1-bath ADU, built in 2024. 370 N Palomares St – Beautifully remodeled in 2024 with new interior paint, flooring, kitchen, and bathroom. 372 N Palomares St – Extensively remodeled with new kitchen and bathroom in 2024, plus new interior paint, flooring, and bathroom vanity in 2026. The property is 100% tenant occupied and generates strong, stable rental income. ADU permits are available in the MLS Supplements for buyer review. Please do not disturb tenants. Drive-by only. Offers are subject to interior inspection. Buyer to verify all information, including square footage, permits, and rental income, to their satisfaction.
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Additional Information
- Parcel Number
- 8337027014
- Gross Scheduled Income
- $93,540
- Operating Expense
- 11081
- Net Operating Income
- $82,459
- Number of Buildings
- 4
- Lot Features
- Street Level
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Sidewalks
Listing courtesy of Listing Agent: Michael Kwok (mkwokrealtor@gmail.com) from Listing Office: Wetrust Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.