370 W Artesia

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370 W Artesia

Pomona, CA 91768
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 370 W Artesia in Pomona.
  • Property consists of two distinct residential rental units.
  • Situated within the accessible western corridor of the Inland Empire.
  • Asset type suitable for private real estate investment portfolios.
  • Located in a region with consistent demand for residential housing.

What's Special

This multifamily apartment building comprises two units situated in Pomona, California. The property is positioned within a well-established residential area in Los Angeles County, a region that continues to experience steady demand for rental housing due to its central location in the Inland Empire's western corridor. Pomona serves as a significant hub for higher education and professional services, drawing a diverse population of students and workers who benefit from proximity to major transit routes and arterial roadways like the 10 and 57 freeways. Small-scale multifamily assets in this submarket often appeal to private investors seeking income-producing residential real estate. The configuration allows for flexible management strategies, whether for long-term rental hold or potential repositioning. With regional economic growth and ongoing infrastructure improvements in the greater metro area, this asset represents a functional addition to a local residential portfolio. Prospective owners may find this site well-suited for catering to the needs of the local workforce and residents looking for accessible housing options.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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