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285 W Center St
Pomona, CA 91768 Pomona

$1,799,000 USD

Apartments For Sale • 7,488 SF

Property Details

Property Type Apartments
Total Building Size 7,488 SF
Lot Size 0.17 AC
Building Class C
Year Built 1914
Cap Rate 4.96 %
Zoning POCIND*

53 Transit Score

93 Walk Score

                
                    Highlights
                
                                All One-Bedroom Units Averaging ±830 SF
                            
                                (6) Renovated Interiors with Updated Water Lines & Electrical
                            
                                Strong Rental Demand in Central Pomona
                            
                                On-Site Parking Lot with (9) Open Parking Spaces
                            
                                Low-Vacancy Asset with Operational Upside
                            
                                Attractive Value-Add Opportunity in a Growing Submarket

Financial Summary (Actual)

Net Operating Income: $89,292 USD (2025)

Cap Rate:	4.96 %
Total Expenses:	$57,675 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Downtown Pomona (Riverside Line - Southern California Regional Rail Authority (Metrolink))	1 min	8 min	0.3 mi
Pomona (North) (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	2.7 mi
Airport	Drive	Walk	Distance
Ontario International	15 min	-	11.0 mi
John Wayne/Orange County	42 min	-	34.4 mi
Long Beach (Daugherty Field)	50 min	-	39.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Damien Breaux 949-584-0503 Morgan-Skenderian Investment Real Estate Group

285 W Center St Pomona, CA 91768 Pomona