2430 Angela Street, Pomona, California 91766, Pomona, 91766 - 0 bed, 0 bath
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Pomona, California 91766
This Quadruplex Multifamily Asset offers a strategic entry into the Pomona rental market, listed at $988,000 which reflects its $988,000 Fair Market Value. The property boasts a Diverse Unit Mix and Separately Metered Utilities, significantly reducing owner overhead. While the Recently Renovated Exterior provides immediate curb appeal, the Fair Condition Rating and Below-Market Rents of $6,090 per month signal a prime opportunity for forced appreciation through interior modernization. This well-located investment is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2430 Angela Street Subject | $988,000* List Price | 0 | 0 | 3,828 | $258 | - |
A 2405 Angela Street Pending | $968,000 List Price | 0 | 0 | 3,970 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this quadruplex features a recently renovated and painted exterior that provides good curb appeal. However, the community laundry room shows significant signs of age, including peeling paint and dated fixtures, and the lack of interior photos for the units suggests that the kitchens and bathrooms likely require modernization. The property fits the 'fair' criteria as an aged but functional asset with vintage infrastructure and deferred interior updates.
The property features a rare 3-bedroom unit alongside 2-bedroom and 1-bedroom options, catering to a wide range of tenant needs and increasing long-term occupancy stability.
With current rents positioned below market value, there is a clear opportunity for investors to increase the gross operating income and enhance the property's overall valuation.
Units are separately metered for electricity and gas, shifting the bulk of utility costs to tenants and simplifying the owner's expense management.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7193, other record lot size in square feet = 7256.
The landlord is responsible for water and trash services, which can lead to unpredictable monthly overhead and exposure to rising utility rates.
Built in 1964, the property may require ongoing attention to aging plumbing or electrical systems that have not been modernized alongside the exterior.
Rare opportunity to own this well-maintained four-unit multifamily investment opportunity located in the City of Pomona. The property features an excellent and desirable unit mix consisting of one 3 bedroom / 1.5 bathroom unit, two 2 bedroom / 1.5 bathroom units, and one 1 bedroom / 1 bathroom unit. Each unit is separately metered for electricity and gas, while the landlord pays for water and trash service. Tenants enjoy on-site garage parking as well as a dedicated community laundry room, adding convenience and long-term appeal. The exterior of the building has been recently painted and renovated, providing strong curb appeal and reduced maintenance for the next owner. The property is currently fully leased, generating $6,090 in total monthly rental income, with rents positioned below market and offering meaningful upside potential for investors. Utility configuration includes four electric meters, four gas meters, and one shared water meter. This stable, well-located asset presents an exceptional opportunity for buyers seeking a turnkey multifamily investment with solid cash flow and long-term growth potential in a high-demand rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,828 | 1,986 | 73% |
| Lot Size | 7,193 | 7,213 | 45% |
| Price | $988.0K | $748.0K | 73% |
| Price per sq ft | $258 | $395 | 18% |
| Built year | 1964 | 1950 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 133 | 185 | 45% |
Dec 10, 2025
$988,000
Initial Listing
Sep 8, 2022
$895,000
Public Record
Jul 12, 2012
$289,000
Public Record
Nov 3, 2006
$665,000
Public Record
Feb 5, 1996
$185,000
Public Record
Aug 1, 1995
$130,000
Public Record