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Listed by IRN Realty, Roger Kwon, Listing Contact: [email protected]

$1,590,000

897 W Monterey, Pomona CA, 91768

Price per sqftN/A
Built in1950
Property typeMulti-family

Overview

Active

Listed Oct 19, 2026

Updated 25h ago

Welcome to an outstanding opportunity to acquire a 5 unit multi-family property that withholds three sizable separate buildings on one given lot. This property is nestled in central Pomona and is conveniently located near downtown. The first building is 1,410 sq ft. The second building is 1,320 sq ft. The third and final building is 2,102 sq ft. Altogether there is 4,832 sq ft of interior living space. Three of the units will be comprised of 1-bed/1-bath. One unit will have 3-bed/1-bath. The final unit has 2-bed/1-bath with a loft space that is accessible via the staircase. This income producing property offers a stable steady cashflow exceeding a 5 pecent cap rate as is. If we consider the pro forma rent potential there is further room for growth. Savvy investors will unequivocally be utterly delighted and will further appreciate that each unit has its own separate electric, gas AND water meter present. Three of the units were updated approximately three years ago. The 2 car parking garage is currently vacant. It has ADU conversion potential. The seller is currently awaiting final approval from LA County regarding it. Each unit has 2 parking spots to take advantage of outside. Last but not least, there is easy access to dining, entertainment, public transportation, freeways and

$10,578/mo

Est. mortgage payment based on a $1,590,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRTR26224598

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.49 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by IRN Realty, Roger Kwon DRE:02002355,
Listing Contact: [email protected] 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sandra Darrow | CA DRE# 01974555 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Sandra Darrow | CA DRE# 01974555 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 5:04 AM UTC, 10/20/2026

 

 

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