622 Hamilton Boulevard, Pomona, CA 91766
$898,000 LOGIN TO SAVE
622 Hamilton Boulevard, Pomona, CA 91766
Bedrooms: 8
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Bathrooms: 4
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Area: SqFt.
Description
Just listed and PRICED TO SELL, this fully single-story, detached 3-unit property in Pomona offers immediate cash-flow and long-term upside in one of the area's most active rental markets. Spanning 2,336 rentable square feet on a 6,516 square foot lot, the property features a spacious 5-Bedroom/2-Bath single-family residence, a detached 2-Bedroom/1-Bath cottage, and a newly built 1-Bedroom/1-Bath ADU making it an ideal investment for both traditional investors and owner-users seeking supplemental income. With a current CAP rate of 7.43% and a 10.27 GRM, the asset delivers strong in-place returns with additional income potential through future rent increases. All units are equipped with air conditioning and have been updated over time, offering a move-in-ready experience for tenants. Utilities are separately metered for electricity and gas, and the property includes gated entry and onsite parking, ensuring convenience for residents. Located just minutes from Western University, public transit, and major shopping centers, this property offers both solid current income and excellent long-term appreciation potential. Dont miss the chance to own a rare, fully detached triplex in a high-demand rental corridor.
