515 E Pasadena St Pomona, CA 91767
Pomona East NeighborhoodEstimated payment $9,779/month
About This Home
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.
Listing Agent
LOU EDWARDS FINANCIAL INC. Brokerage Phone: 949-870-2882 License #02154371 Listed on: 07/14/2026
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $16,879
Year Built
- Built in 1927 | Remodeled
Lot Details
- 9,028 Sq Ft Lot
- No Common Walls
Parking
- 2 Open Parking Spaces
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,467 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Location
- Property is near park
- Suburban Location
Utilities
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 4026
- Assessor Parcel Number 8337010015
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 7 Units
Building Details
- 7 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $2,300
- Insurance Expense $3,747
- Pest Control $1,650
- Trash Expense $8,513
- Water Sewer Expense $1,114
- New Taxes Expense $19,375
- Operating Expense $37,322
- Gross Income $154,080
- Net Operating Income $116,758
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $16,879 | $1,213,800 | $714,000 | $499,800 |
| 2024 | $12,212 | $913,190 | $437,456 | $475,734 |
| 2023 | $11,978 | $895,285 | $428,879 | $466,406 |
| 2022 | $11,449 | $877,731 | $420,470 | $457,261 |
| 2021 | $11,175 | $860,522 | $412,226 | $448,296 |
| 2020 | $11,138 | $868,734 | $416,160 | $452,574 |
| 2019 | $11,631 | $851,700 | $408,000 | $443,700 |
| 2018 | $3,612 | $238,550 | $98,223 | $140,327 |
| 2016 | $3,369 | $229,289 | $94,410 | $134,879 |
| 2015 | $3,348 | $225,845 | $92,992 | $132,853 |
| 2014 | $3,368 | $221,422 | $91,171 | $130,251 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/14/2026 07/14/26 | For Sale | $1,550,000 | +30.3% | $347 / Sq Ft | |
| 03/08/2024 03/08/24 | Sold | $1,190,000 | 0.0% | $281 / Sq Ft | View Prior Sale |
| 01/25/2024 01/25/24 | Pending | -- | -- | -- | |
| 12/13/2023 12/13/23 | For Sale | $1,190,000 | +42.5% | $281 / Sq Ft | |
| 05/15/2018 05/15/18 | Sold | $835,000 | -1.8% | $197 / Sq Ft | View Prior Sale |
| 05/01/2018 05/01/18 | Pending | -- | -- | -- | |
| 04/23/2018 04/23/18 | For Sale | $850,000 | -- | $200 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Chicago Title Company | |
| Grant Deed | $1,190,000 | Chicago Title Company | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $835,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $170,000 | United Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $833,000 | New Conventional | |
| Previous Owner | $580,000 | Commercial | |
| Previous Owner | $276,200 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26153245
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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