756 Karesh Ave Pomona, CA 91767
Pomona East NeighborhoodEstimated payment $7,234/month
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
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
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 |
|---|---|---|---|---|
| 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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26175151
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