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Millman Team Real Estate

$1,550,000
0.21 Acre Lot

515 E Pasadena Street, Pomona, California 91767

  • Residential Income Property Type
  • 1927 Year Built
Property Description

Don’t miss this outstanding opportunity to acquire a well-positioned remodeled 7-unit multifamily property located at 515 E. Pasadena St., Pomona, CA. Featuring a total of 10 bedrooms and 7 bathrooms, this income-producing asset offers investors the potential for stable cash flow, strong pro forma rent potential, and long-term appreciation in one of the Inland Empire’s growing rental markets. EVERY UNIT IS MONTH TO MONTH ON THEIR LEASE! The property consists of seven residential units with a desirable unit mix designed to attract a broad tenant base. Situated on a centrally located lot, the property provides convenient access to major freeways, public transportation, and plenty of restaurants and businesses off Holt Ave, making it an attractive option for renters. Whether you’re looking to expand your investment portfolio or complete a 1031 exchange, this multifamily property presents a compelling opportunity with strong rental demand in the Pomona market. Investors will appreciate the potential for continued income growth while benefiting from the area’s ongoing development and convenient Southern California location. Do not disturb tenants! Drive by only. Offer subject to interior inspection. Buyer to verify pro forma figures as they’re only an estimate.

Basic Details
Residential Income
For Sale
WS26153245
$1,550,000
1927
0.21 Acre
Active
Apartment
Features
: None
: None
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Phone Connected
$0
Address Map
CA
Los Angeles
Pomona
91767
Pasadena
515
Street
W118° 15' 31.7''
N34° 3' 51.2''
TOWNE AVE AND PASADENA ST
687 - Pomona
E
Additional Information
$0
$0
$0
$0
$0
4467
: Park, Suburban
1
2.0
: Two
: Near Park
7
2026-07-14
2
2
: Public
Broker/Agent Information
LOU EDWARDS FINANCIAL INC.
LOU WU
Financial
16878.7
Listing Information
ws80635
9660
Cash to New Loan
Active
2026-07-14T18:43:08Z
CRMLS
: Standard
2026-07-14T00:56:17Z
Agent info
Ray Millman
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