$1,220,000

Estimated payment $7,234/month

Total Views 923
6 Beds
6 Baths
3,838 Sq Ft
$318 Price per Sq Ft

About This Home

Fully occupied six-unit multifamily property featuring six 1-bedroom/1-bath units, located on a quiet, tree-lined residential street in a high-demand rental area. Gate property and new roof. One of the property's strongest advantages is its exceptional entry price. A comparable 6-unit property on Karesh Avenue, 602 Karesh Ave., is currently offered at $1,320,000. This property is offered at just $1,220,000 — approximately $100,000 less, creating an attractive opportunity for investors seeking value and rental upside. The property features six spacious 1-bedroom/1-bath units, a desirable unit configuration that is easy to rent and straightforward to manage. The property is 100% occupied with long-term tenants, providing immediate in-place income and stability. Additional highlights include a quiet tree-lined street, attractive courtyard, abundant parking, and individual electric metering throughout the complex, helping keep operating expenses manageable. The property is in good condition and offers an investor the opportunity to acquire a well-established multifamily asset without the operational complexity often associated with larger apartment buildings. The units feature large, spacious living areas and bedrooms, along with walk-in closets, providing desirable living space for tenants. Current rents are below market, creating meaningful potential for future rental growth and increased cash flow, subject to applicable laws and market conditions. The location provides convenient access to shopping, restaurants, grocery stores, employment centers, schools and major transportation routes. The Valley Shopping Center, for example, is located in the 91767 area near Arrow Highway and Towne Avenue, while Pomona offers a broad range of shopping, dining and everyday services.

Listing Agent

Benjamin Lin

1000 Realty Corporation Brokerage Phone: 626-233-3678 License #01383988 Listed on: 08/10/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,072 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,838 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • Parking Available
  • Covered Parking

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 17170
  • Assessor Parcel Number 8323029011

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $240
  • Fuel Expense $2,160
  • Gardener Expense $660
  • Insurance Expense $3,922
  • Maintenance Expense $364
  • Trash Expense $4,512
  • Water Sewer Expense $1,920
  • New Taxes Expense $15,250
  • Operating Expense $29,431
  • Gross Income $87,720
  • Net Operating Income $58,289

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,072 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1920.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 8323029011
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 317.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 4512.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7072.00
  • Lot Size Acres: 0.1624

Multi Family

  • Electric Expense: 240.00
  • Fuel Expense: 2160.00
  • Gross Income: 87720.00
  • Gross Scheduled Income: 87720.00
  • Insurance Expense: 3922.00
  • Lot Size Area: 7072.0000 Square Feet
  • Maintenance Expense: 364.00
  • Net Operating Income: 58289.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 29431.00
  • Rent Control: Yes
  • Total Expenses: 29431.00

Tax Info

  • New Taxes Expense: 15250.00
  • Tax Lot: 25
  • Tax Tract Number: 17170

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $9,108 $584,056 $251,207 $332,849
2025 $9,108 $572,605 $246,282 $326,323
2024 $8,310 $561,378 $241,453 $319,925
2023 $8,157 $550,371 $236,719 $313,652
2022 $8,026 $539,580 $232,078 $307,502
2021 $7,835 $529,001 $227,528 $301,473
2019 $7,974 $513,707 $220,780 $292,927
2018 $7,407 $503,643 $216,451 $287,192
2016 $6,920 $483,708 $208,047 $275,661
2015 $6,865 $476,443 $204,922 $271,521
2014 $6,846 $467,111 $200,908 $266,203
Source: Public Records

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
08/10/2026 08/10/26 For Sale $1,220,000 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Grant Deed $465,000 Investors Title Company
Grant Deed $450,000 Fidelity National Title Co
Grant Deed $635,000 Chicago Title
Grant Deed $499,000 Investors Title
Grant Deed $355,000 Investors Title Company
Grant Deed $225,000 Lawyers Title
Source: Public Records

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
Open $400,000 Commercial
Previous Owner $410,000 Purchase Money Mortgage
Previous Owner $349,000 Commercial
Previous Owner $210,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26175151

California Regional Multiple Listing Service (CRMLS)
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