357 E Kingsley Ave - Multi-Family FOR SALE


Pomona, CA 91767
$1,175,000 USD
626-427-0786
357 E Kingsley Ave, Pomona, CA for Sale
$1,175,000 USD
Multi-Family - FOR SALE
1/10
null | 4.17% Cap Rate

357 E Kingsley Ave
Pomona, CA 91767


HIGHLIGHTS

  • HUGE VALUE-ADD OPPORTUNITY! ONLY $165,000 PER UNIT!
  • Located in the Renowned Lincoln Park District
  • Separately Metered for Gas & Electricity
  • Tenants Enjoy Plenty of Onsite Parking
  • Three Continguous Parcels, Including 2 Vacant Lots, Totaling Over 17,000+Sqft of Land
  • Great Opportunity for Builders and Investors to Add Value While Enjoying the Income from Existing Construction

OVERVIEW

Kristopher German & Deepen Shah of The Apartment Dealer are pleased to present a rare 6-unit multifamily investment offered at only $165,000 per unit with significant value-add potential in Pomona’s renowned Lincoln Park Historic District. The property features a desirable unit mix of (2) 1-Bed/1-Bath units and (4) studios, all separately metered for gas and electricity, with ample onsite parking for tenants. Situated on three contiguous parcels totaling over 17,000+ sq. ft., the offering includes two vacant lots ideal for future development or expansion, providing investors and builders multiple paths to increase value while earning income from existing units. This flexible opportunity allows the 6-unit property and two vacant lots to be sold together or separately, making it perfect for investors seeking strong upside in a prime Pomona location. Contact us today for full offering details!

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$351 USD /SF

# OF UNITS

6

PRICE/UNIT

$195,833

CAP RATE

4.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Only $165,000 Per Unit!

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1905

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,861 SF

ZONING

POR4YY

APN/PARCEL ID

8336-001-005,8336-001-006,8336-001-007

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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