Properties
Pomona, CA 91768 285 W Center
$1,799,000
2 more
Presented By: Damien Breaux with Morgan Skenderian; db@morganskenderian.com
Baths • 1
SQFT • 7,488
Home Details
Pleased to present 285 W. Center Street, a 9-unit apartment community located in the heart of Pomona. The property consists entirely of spacious one-bedroom units averaging approximately ยฑ830 square feet each. Six of the interiors have been thoughtfully renovated, including upgraded water lines, electrical improvements, and modern finishes, providing immediate appeal to prospective tenants. Residents benefit from on-site open parking with nine dedicated spaces located at the rear of the building. With a combination of large floorplans, upgraded units, and strong local rental demand, the property offers investors a stable asset with clear value-add potential.
Presented By: Damien Breaux with Morgan Skenderian; db@morganskenderian.com
Interior Features for 285 W Center
Other Interior Features
Common Walls1 Common Wall
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 285 W Center
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.29
CityPomona
Community FeaturesCurbs, Sidewalks
CountyLos Angeles
DirectionsNorth of West 1st Street and West of South Garey Avenue
Electric Expense2216
Entry Location1
Fuel Expense2216
Garage Spaces
Garage Y/NNo
Gross Income
Insurance Expense11232
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan, Conventional
Lot Size Square Feet7467
Lot Size UnitsSquare Feet
MLS Area687 - Pomona
MaintenanceExpense10605
Net Operating Income95112
New ConstructionNo
Number Of Units Total9
Operating Expense57674
Pool FeaturesNone
PostalCityPOMONA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot15
Taxes$25,370
Total Actual Rent12626
Trash Expense2216
Water Sewer Expense2216
Year Built1914
Year Built SourceAssessor
Exterior for 285 W Center
Building Area Total7488
Lot FeaturesCorner Lot
Lot Size Acres0.1714
Lot Size Area7467
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters10
Number of Separate Gas Meters9
Number of Separate Water Meters1
Parking FeaturesAssigned
Private PoolNo
Total Parking0
Water SourcePrivate
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
