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515 E Pasadena St, Pomona, CA 91767

  • $1,550,000

  • bed

  • bath

Multi-family for sale 10 days
Movoto is helping 31 homebuyers near you

About 515 E Pasadena St

Property type Multi-family
Year built 1927
HOA fee $0/month
Lot size 9,028 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
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.
Listed by
Listing Agent - LOU WU
Listing Agent Contact: 949-870-2882
Listing Office - LOU EDWARDS FINANCIAL INC.
Source: CRMLS mls logo
MLS#WS26153245 • last updated 1 week ago
Movoto checked CRMLS for data 1 minute ago
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Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.2073
Lot Size (SqFt) 9028
Property Tax 16878.7
Year Built 1927
Condition Updated/Remodeled
Interior
Laundry None
Exterior
Building Area Square Feet, 4467
# Uncovered Spaces 2
# Parking Spaces 4
# Garage Spaces 2
Lot Description Park Nearby
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Suburban
Directions TOWNE AVE AND PASADENA ST
APN 8337010015
Multifamily Details
Expense: Trash 8513
Operating Expense 37322
Cap Rate 7.53
Expense: Insurance 3747
Total Expenses 37322
Expense: Water/ Sewer 1114
Gross Income 154080
Gross Multiplier 10.06
Gross Scheduled Income 154080
Expense: Gardener 2300
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
65/100
Walk
90/100
Family
87/100
Dining
96/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Pomona
  • 91767
  • 515 E Pasadena St

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 7/21/2026. 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.
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