291 W Artesia St Pomona, CA 91768
New
Triplex in Pomona with remodeled units and strong income potential.
Type:Investment
- Added:
- Apr 24, 2026
- Days on Market:
- 6
- Last Refresh:
- Apr 24 at 5:39 pm
Property Features for 291 W Artesia St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1959
Listing agent Zahra Almahayni
Listing office
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Zahra Almahayni
Overview
Pomona Triplex: Remodeled Units
This triplex, zoned for multifamily use, presents an investment opportunity in Pomona. The property consists of three units, two of which have been fully remodeled. Exterior improvements include fresh paint and updated landscaping. Each unit is equipped with separate gas and electric meters and includes an assigned one-car garage. Unit #291 features 2 bedrooms and 2 bathrooms, along with a private front patio. Units #293 and #295 each offer 2 bedrooms and 1 bathroom, front patios, and backyards. Both #293 and #295 have been fully remodeled. The property is situated in a quiet residential neighborhood, providing convenient access to the 10 Freeway and proximity to the Fairplex (LA County Fairgrounds). Additional nearby landmarks include Pomona Valley Hospital, Brackett Field Airport, Sheraton Hotel, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College. The property is priced with a 4.2% cap rate based on the current annual income of $75,600. Local market rents suggest a potential pro forma income of approximately $91,200 per year, equating to a cap rate of around 5.6%. The estimated expense ratio is approximately 35%. The location has a walk score of 94, indicating it is a Walker's Paradise. The bike score is 53, making it bikeable, and the transit score is 52, indicating good transit options. This property is suitable for investors or owner-users seeking an income-producing property in a convenient location.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Pomona
- County
- Los Angeles
- State
- California
- Longitude
- -117.7550316
- Latitude
- 34.0780888
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FAQs
What type of property is this?
Triplex - Triplex in Pomona with remodeled units and strong income potential.
Where is this triplex located?
The property is located at 291 W Artesia St Pomona, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Strong income potential: Current 4.2% cap rate ($75,600/year) with potential to increase to ~5.6% ($91,200/year) based on market rents.; Triplex zoning: Offers three separate units for diverse income streams or owner‑user opportunity.; Two units fully remodeled: Reduces immediate renovation costs and attracts higher‑quality tenants.
