Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
Pomona, CA 91766,1031 Friar Lane
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
29
Jan
Fri
30
Jan
Sat
31
Jan
$ 1,199,000
Est. payment | /mo

9 Beds

6 Baths

9,803 Sqft Lot


Save
$ 1,199,000
Est. payment | /mo
Save

9 Beds

6 Baths

9,803 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR25263034

Bedrooms 9

Lot Size 9,803 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Investment Opportunity! Discover this well-maintained fourplex in the City of Pomona, offering strong rental income and excellent future upside. The front unit, Unit A, is a rare single-story 3-bedroom, 2-bath layout featuring a private backyard, giving tenants a desirable home-like living experience. The property offers significantly stronger cash flow compared to single-family homes or condos, making it an attractive choice for investors seeking both stability and income. Attached to Unit A is a two-story triplex consisting of three additional units. Units B and C are well-designed 2-bedroom, 1-bath units located on the upper level, while Unit D, situated downstairs, offers 2 bedrooms and 1.5 baths. All units benefit from the convenience of onsite parking, including four single-car garages and additional guest parking spaces. The property is separately metered with four electric meters, four gas meters, and one water meter. Tenants also enjoy a fenced front yard, full perimeter wood fencing, and a secure gated entry for added privacy and peace of mind. The exterior of the building was recently painted, making the property clean, attractive, and ready for a new owner to take over. Current monthly rents are below market, providing a great value-add opportunity. The property generates a total monthly gross rent of $6,280, resulting in annual gross income of $75,360.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Grand Ave enter Hamilton Blvd then Friar Lane

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 8343009093

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

MLS Router / San Diego MLS
Listed by Ricky Lee Ricky&Jessie Realty

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Rolling Ridge Elementary School

    Public | KG - 6

  • 9

    Pantera Elementary School

    Public | KG - 6

  • 8

    Ranch Hills Elementary School

    Public | KG - 6

  • 8

    Eagle Canyon Elementary School

    Public | KG - 6

  • 8

    Vista del Valle Elementary School

    Public | KG - 6

  • 7

    Golden Springs Elementary School

    Public | KG - 8

  • 7

    Diamond Point Elementary School

    Public | KG - 6

  • 7

    Lexington Elementary School

    Public | KG - 8

  • 6

    Cortez Elementary School

    Public | KG - 8

  • 5

    Philadelphia Elementary School

    Public | KG - 6

  • 4

    Westmont Elementary School

    Public | KG - 6

  • 4

    Decker Elementary School

    Public | KG - 6

  • 4

    Roosevelt Elementary School

    Public | KG - 5

  • 4

    Vejar Elementary School

    Public | KG - 8

  • 4

    La Verne Science and Technology Charter

    Public | KG - 6

  • 4

    Madison Elementary School

    Public | KG - 6

  • 4

    San Jose Elementary School

    Public | KG - 8

  • 4

    San Antonio Elementary School

    Public | KG - 5

  • 4

    Allison Elementary School

    Public | KG - 6

  • 4

    Dickson Elementary School

    Public | KG - 6

Middle Schools 13
  • 10

    Canyon Hills Junior High School

    Public | 7 - 8

  • 5

    Marshall Middle School

    Public | 6 - 8

  • 5

    School of Arts and Enterprise

    Public | 6 - 12

  • 4

    Fremont Academy of Engineering and Design

    Public | 7 - 12

  • 4

    Palomares Academy of Health Science

    Public | 7 - 10

  • 4

    Simons Middle School

    Public | 6 - 8

  • 2

    Emerson Middle School

    Public | 6 - 8

  • 0

    Pomona Catholic High School

    Private | 6 - 12

  • 0

    Pomona Alternative

    Public | 7 - 10

  • 0

    Pomona Community Day

    Public | 7 - 12

  • 0

    Grace Christian School

    Private | 7 - 11

  • 0

    Pueblo

    Public | 8 - 8

  • 0

    School of Extended Educational Options

    Public | 7 - 12

High Schools 7
  • 9

    Village Academy High School at Indian Hill

    Public | 9 - 12

  • 7

    Diamond Ranch High School

    Public | 9 - 12

  • 5

    Don Antonio Lugo High School

    Public | 9 - 12

  • 4

    Ganesha High School

    Public | 9 - 12

  • 3

    Garey High School

    Public | 9 - 12

  • 2

    Pomona High School

    Public | 9 - 12

  • 0

    Park West High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.
Yousuf Hussain

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 800-4595

yo@soldwithyo.com

2535 Camino Del Rio S Suite 240, San Diego, CA, 92108, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1031 Friar Lane