2418 Angela St - Apartments FOR SALE


Pomona, CA 91766
$1,000,000 USD
310-351-0481
2418 Angela St, Pomona, CA for Sale
$1,000,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

2418 Angela St
Pomona, CA 91766


HIGHLIGHTS

  • 50% UPSIDE IN RENTS | STRONG MARKET CAP RATE ~8%
  • DESIRABLE UNIT MIX 1(3+1.5) 2(2+1.5) 1(1+1)
  • CAN BE PURCHASED WITH; 2459 ANGELA STREET (4 UNITS)
  • (4) SINGLE CAR GARAGES

OVERVIEW

***Contact Listing Agent Nick Hayner 310.994.9158 | Nick@maywoodpropertygroup.com*** Maywood Property Group is pleased to present 2418 Angela Street, a four-unit multifamily investment opportunity located in Pomona, California. Constructed in 1964, the property comprises approximately 3,970 square feet of rentable area situated on a 7,252 square foot parcel. The unit mix consists of one (3 Bed / 1.5 Bath) unit, two (2 Bed / 1.5 Bath) units, and one (1 Bed / 1 Bath) unit, providing a broad tenant appeal and stable occupancy profile. The asset benefits from tenant-paid gas and electricity, four garage parking spaces, and a favorable location near major retail, employment, and transportation amenities. Current operations provide immediate income while offering investors the opportunity to capitalize on approximately 30% rental upside through natural tenant turnover and professional management. 2418 Angela Street represents a compelling opportunity to acquire a well-maintained multifamily asset with strong fundamentals, in-place cash flow, and meaningful value-add potential within the growing Pomona rental market.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$252 USD /SF

# OF UNITS

4

PRICE/UNIT

$250,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,991 SF

ZONING

R31000, Pomona

APN/PARCEL ID

8331-023-035

ASK ABOUT THIS PROPERTY

Marc BretterMaywood Property GroupMore Info
310-351-0481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Marc BretterMaywood Property GroupMore Info
310-351-0481

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.