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756 KareshPomona, CA 91767

Los Angeles County

$1,220,000List price
3,838Sq Ft
1960Year built
0.16Acre lot
2Stories
8 weeks agoOn market

Description

Fully occupied six-unit multifamily property featuring six 1-bedroom/1-bath units, located on a quiet, tree-lined residential street in a high-demand rental area. Gate property and new roof. One of the property's strongest advantages is its exceptional entry price. A comparable 6-unit property on Karesh Avenue, 602 Karesh Ave., is currently offered at $1,320,000. This property is offered at just $1,220,000 — approximately $100,000 less, creating an attractive opportunity for investors seeking value and rental upside. The property features six spacious 1-bedroom/1-bath units, a desirable unit configuration that is easy to rent and straightforward to manage. The property is 100% occupied with long-term tenants, providing immediate in-place income and stability. Additional highlights include a quiet tree-lined street, attractive courtyard, abundant parking, and individual electric metering throughout the complex, helping keep operating expenses manageable. The property is in good condition and offers an investor the opportunity to acquire a well-established multifamily asset without the operational complexity often associated with larger apartment buildings. The units feature large, spacious living areas and bedrooms, along with walk-in closets, providing desirable living space for tenants. Current rents are below market, creating meaningful potential for future rental growth and increased cash flow, subject to applicable laws and market conditions. The location provides convenient access to shopping, restaurants, grocery stores, employment centers, schools and major transportation routes. The Valley Shopping Center, for example, is located in the 91767 area near Arrow Highway and Towne Avenue, while Pomona offers a broad range of shopping, dining and everyday services.

Property Information

Property type
Residential Income
Sub-type
Apartment
Year built
1960
Stories
2
Building area
3,838 Sq Ft
Lot size
0.16 acres
Days on market
58
MLS® Listing#
AR26175151

Property Features

Pool
None
Parking
Covered
Laundry
Common Area
Community
Curbs
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
8323029011

Directions

RARE 6-UNIT VALUE-ADD OPPORTUNITY IN POMONA!

Listing Courtesy: 1000 Realty Corporation - 626-233-3678

Presented by: Benjamin Lin

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-10 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

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  • Krissy Allen

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