5442 Pomona Blvd Los Angeles, CA 90022-1717
- Office buildings
- 4,808 SF
- 0.23 lot acres
Current Use by Public Records
- Office buildings
Property Details for 5442 Pomona Blvd
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 4,808 SF
- Zone code
- LCC3*
- Property type
- Office buildings
- APN
- 5249-024-009
- APU
- 5249024009
Description
This exceptional six-unit apartment building, located at 5442 Pomona Blvd in East Los Angeles, CA 90022, presents a compelling value-add investment opportunity. Boasting a substantial 4,808 square feet on a 10,037 square foot lot, this single-story property is zoned for commercial use (APN: 5249024009). Currently configured as residential units, the building offers significant upside potential. The property's history includes a previous use as a medical office, providing a solid foundation for future redevelopment or expansion. The asking price is $1,800,000, representing a 4.00% capitalization rate. On-site parking is available, and the property's location on a major thoroughfare provides convenient access to numerous walkable amenities. The potential for adding accessory dwelling units (ADUs) further enhances the investment prospects. All six units are currently occupied by month-to-month tenants with a positive history of consistent rent payments. This property is ideal for investors seeking to upgrade from smaller multifamily projects, offering multiple exit strategies and substantial long-term growth potential. This is a rare opportunity to acquire a well-located, income-producing asset in a thriving East Los Angeles neighborhood.
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.148
- Latitude
- 34.0331
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA