1324 W 2nd St
Pomona, CA 91766

Bd   — Ba   2,592 Sqft
We are pleased to offer for sale this 6 unit investment property located in the highly sought after rental community of the city of Pomona. The subject property is comprised all single story units with a unit mix of 3(1Bed/1Bath) units and 3(Studio) units. All tenants pay for their own electricity and gas usage while the owner pays for water and trash. Most units have been upgraded with copper plumbing as well as updated electrical with circuit breakers. The rental rates in place are well below market as the current tenants have lived onsite for a number of years. A new investor can take advantage of repositioning the rental rates which would yield a potential 8+% cash return. Tenants enjoy onsite parking and gated privacy.
  • Zipcode: 91766
  • Days on Movoto: 64
  • Year Built: 1928
  • HOA:
  • $/Sqft: $231
  • Lot: 6,418 Sqft
  • Property Type: Single Family
  • MLS#: CV16187045
  • MLS:
  • Listing Office: RE/MAX 2000
  • Listing Broker: KRISTOPHER GERMAN
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 1324 W 2nd St , Pomona


Property History for 1324 W 2nd St, Pomona

Oct 6, 2016
Sep 28, 2016
Aug 24, 2016
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Real Estate Market Statistics of 1324 W 2nd Street , Pomona

Pomona, California

Total Inventory For Sale

198 Homes

-1% m/m -11% y/y

Median List Price


0% m/m +11% y/y

Median Days On Market

48 Days

+11% m/m -22% y/y

Median House Size

1,497 Sqft

0% m/m +6% y/y

Median Price Per Square Foot

$263 /Sqft

0% m/m +4% y/y

Median Price

1324 W 2nd St in ZIP code 91766 is a single family home currently listed for $599,000. This is 43% above the median of $419,000 for 91766 and 54% above the median price of $389,900 for the city of Pomona, CA. As of today, , there are 102 properties listed for sale in the 91766 area and 198 properties listed for sale in Pomona. Of those 198 properties for sale, 171 are single family homes and 27 are condos. 1324 W 2nd St is approximately 2,592 square feet, 73% above the Pomona median of 1,497 and 58% above the 91766 ZIP code median of 1,639. The price per square foot is $231, which is 14% below the median price in 91766 of $270 and 12% below the Pomona median of $263 per square foot.

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Get to Know Pomona

Built in 1928, this single family house at 1324 W 2nd St is approximately 2,592 square feet and does not come with a parking spot. It is listed on 08/24/2016 for $599,000 with a cost per Sqft of $231. 1324 W 2nd St is located in the Pomona Unified School District. The closest school is Lopez Elementary School.

1324 W 2nd St has been on the market for 64 days. The median days on the market for properties in this area is 48 with a median list price of $389,900 and median cost per square foot of $263. It's currently listed as active under the MLS #CV16187045.

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