9 Unit Multi-Family for Sale
9 Unit Multi-Family | 8.44% CAP | 6,163 SqFt
Marketing description
Prime 9-Unit Multi-Family Property in Pomona’s High-Traffic Corridor
Unlock the potential of this 6,163 SF mixed-use apartment and retail property, generating $13,360/month in rental income. Situated on a 26,032 SF lot (.60 acres) in Pomona’s bustling corridor, this property boasts exceptional visibility with ±24,000 daily vehicles and easy access to four major freeways.
Key Highlights: 9 Units (Multifamily & Retail): Stable income stream with $13,360/month.
Flexible Zoning (POC4): Allows for high-density multifamily development up to 4 stories and 40 dwelling units per acre, with potential for ±70 units.
Versatile Development Opportunities: Ideal for ground-up multifamily, retail, commercial, or mixed-use redevelopment.
Strategic Location: Prime spot in Pomona’s high-traffic corridor, perfect for maximizing investment returns.
Adjacent Industrial Property Available: Expand your portfolio with additional development potential.
This property offers a rare combination of immediate cash flow and significant redevelopment upside in a thriving, high-demand area. Perfect for investors, developers, or owner-occupiers seeking a versatile asset in a prime location.
Investment highlights
- 9 Multi-Family and Retail units generating $13,360/month
- Pomona Corridor Specific Plan Zoning (POC4*) Allowing 40 du/acre on 4 stories
- Potential for over ±70 units on the parcel (.60 Acres)
- Adjacent Industrial Property available for sale
- Prime location versatile property with ground-up multifamily or mixed-use redevelopment
- 20 Parking Spaces
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