1072 W WILSON Street, Pomona, CA 91768

$2,300,000

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List Price
$2,300,000
Status
ACTIVE
MLS#
CV26198376
Year Built
1955
Lot Size
17,442
Acres
0.40
Lot Location
6-10 Units/Acre
Days on Market
3
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

This well-located property sits in the heart of Pomona, minutes from the retail corridor along Foothill Boulevard and Garey Avenue, providing tenants with convenient access to destinations like Target, Costco, CVS, and Starbucks. Its central positioning places residents within a short distance of the Downtown Pomona Metrolink Station, connecting directly to Los Angeles Union Station, as well as the city's growing Arts District, the historic Fox Theater, and the Pomona Fairplex, home to the Los Angeles County Fair. Cal Poly Pomona and Western University of Health Sciences anchor the area's strong educational profile, drawing a steady stream of faculty, staff, and graduate renters to the submarket. 1072 W Wilson Street is a 10-unit multifamily property spanning a ±17,442 SF parcel with ±8,104 SF of gross rentable area, featuring four 1-bedroom/1-bathroom and six 2-bedroom/1-bathroom units averaging 810 SF each. Built in 1955 and comprising three buildings across two stories, the asset sits on a generously sized lot with ample outdoor space and strong curb appeal. The property features mature landscaping, a spacious courtyard, secured gated access, an on-site laundry facility, and 10 enclosed garages available for parking or storage. Several units have been fully renovated with new flooring, kitchens, and bathrooms. All homes are equipped with oven ranges, tub/shower combinations, and wall AC and heating. New exterior painting and meaningful capital improvements have been completed within the past few years. 1072 W Wilson Street is a well-maintained multifamily asset in one of LA County's most consistent rental markets. Pomona's position at the crossroads of Los Angeles County and the Inland Empire attracts a diverse renter pool, from young professionals and university-affiliated tenants to working families, providing long-term demand stability.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
10
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
10
Gross Scheduled Income
$207,616
Operating Expense
83308

Listing courtesy of Listing Agent: Eric Chen (eric.chen@cbre.com) from Listing Office: CB RICHARD ELLIS.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.