324 N Palomares Street
Pomona, CA, 91767
$725,000
Beds
0 Baths
SqFt
0.14 Acres
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We are pleased to exclusively offer for sale this 2 unit multi-family investment property in the city of Pomona. This single-story multifamily investment property offers an ideal blend of comfort and convenience in a prime rental location. The property features two well-maintained units: a spacious 3-bed/2-bath unit and a 2-bed/1-bath unit, together totaling 1,732 square feet of rentable living space on a 6,020 square foot lot. Situated in a predominantly single-family residential neighborhood, this property benefits from a stable rental market. Tenants will appreciate the onsite parking and a shared private backyard, perfect for outdoor relaxation. Each unit is separately metered for electricity and gas, providing efficiency and ease of management. Additionally, laundry hookups are available for both units, further enhancing the appeal of this investment opportunity. The city’s historical vacancy rate for apartments remains low, reflecting strong demand and a stable rental market. Tenants are drawn to Pomona’s rich cultural heritage, vibrant downtown area, and easy access to major freeways and public transportation, offering both convenience and a sense of community.

Property Details

Price:
$725,000
MLS #:
CV24176920
Status:
Active
Baths:
0
Address:
324 N Palomares Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
687pomona
City:
Pomona
Listed Date:
Aug 26, 2024
State:
CA
ZIP:
91767
Lot Size:
6,020 sqft / 0.14 acres (approx)
Year Built:
1895
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Lot Features
2-5 Units/ Acre
Parking Spots
4.00
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1
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Public

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