324 N Palomares St Pomona, CA 91767
Downtown Pomona NeighborhoodEstimated payment $4,322/month
Highlights
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- Wood Fence
- No HOA
- Laundry Room
- Wall Furnace
About This Home
Now available in the heart of Pomona, just minutes from Downtown and Western University, this extensively upgraded 2-unit multi-family property offers immediate leasing flexibility and strong income potential. Both units (3-Bedroom/2-Bath) and (2-Bedroom/1-Bath) will be delivered vacant at the close of escrow, giving investors full control over tenant selection, rental rates, and overall cash-flow strategy.
Situated on a 6,020 sqft. lot with 1,734 rental sqft., each unit is equipped with laundry hookups, onsite parking, and access to a shared private backyard, providing tenants with essential amenities rarely found at this price point. The property has undergone numerous recent upgrades including: new copper plumbing throughout, updated electrical panels, fresh interior and exterior paint, new tile flooring, and remodeled kitchens and bathrooms complete with new appliances.
This turn-key duplex is ideal for both investors and owner-users alike, offering a rare opportunity to acquire a well-maintained, income-generating asset in a prime Pomona location with immediate upside.
Listing Agent
RE/MAX 2000 REALTY Brokerage Phone: 909-645-0443 License #01800021 Listed on: 05/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,914
Year Built
- Built in 1895
Lot Details
- 6,020 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Chain Link Fence
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,734 Sq Ft Home
- 1-Story Property
- Blinds
- Entryway
- Six Burner Stove
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 36 / 152
- Tax Tract Number 27
- Assessor Parcel Number 8337027016
- $514 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $694
- Maintenance Expense $2,250
- Trash Expense $1,170
- Water Sewer Expense $1,170
- New Taxes Expense $8,895
- Operating Expense $14,179
- Gross Income $4,800
- Net Operating Income $41,693
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,914 | $291,446 | $233,163 | $58,283 |
| 2024 | $3,914 | $285,733 | $228,592 | $57,141 |
| 2023 | $3,836 | $280,131 | $224,110 | $56,021 |
| 2022 | $3,773 | $274,639 | $219,716 | $54,923 |
| 2021 | $3,681 | $269,255 | $215,408 | $53,847 |
| 2019 | $3,755 | $261,270 | $209,020 | $52,250 |
| 2018 | $3,459 | $256,148 | $204,922 | $51,226 |
| 2016 | $3,242 | $246,203 | $196,965 | $49,238 |
| 2015 | $3,215 | $242,506 | $194,007 | $48,499 |
| 2014 | $3,201 | $237,756 | $190,207 | $47,549 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $750,000 | 0.0% | $433 / Sq Ft |
| 06/20/2025 06/20/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | For Sale | $750,000 | -- | $433 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | $205,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $65,000 | Old Republic Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $164,000 | Purchase Money Mortgage | |
| Closed | $100,000 | Purchase Money Mortgage | |
| Closed | $58,500 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25111033
APN: 8337-027-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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