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2418 Angela St 4 Unit Apartment Building $1,000,000 ($250,000/Unit) Pomona, CA 91766
Investment Highlights
- 50% UPSIDE IN RENTS | STRONG MARKET CAP RATE ~8%
- CAN BE PURCHASED WITH; 2459 ANGELA STREET (4 UNITS)
- DESIRABLE UNIT MIX 1(3+1.5) 2(2+1.5) 1(1+1)
- (4) SINGLE CAR GARAGES
Executive Summary
***Contact Listing Agent Nick Hayner 310.994.9158 | Nick@maywoodpropertygroup.com***
Maywood Property Group is pleased to present 2418 Angela Street, a four-unit multifamily investment opportunity located in Pomona, California. Constructed in 1964, the property comprises approximately 3,970 square feet of rentable area situated on a 7,252 square foot parcel. The unit mix consists of one (3 Bed / 1.5 Bath) unit, two (2 Bed / 1.5 Bath) units, and one (1 Bed / 1 Bath) unit, providing a broad tenant appeal and stable occupancy profile. The asset benefits from tenant-paid gas and electricity, four garage parking spaces, and a favorable location near major retail, employment, and transportation amenities. Current operations provide immediate income while offering investors the opportunity to capitalize on approximately 30% rental upside through natural tenant turnover and professional management. 2418 Angela Street represents a compelling opportunity to acquire a well-maintained multifamily asset with strong fundamentals, in-place cash flow, and meaningful value-add
potential within the growing Pomona rental market.
Maywood Property Group is pleased to present 2418 Angela Street, a four-unit multifamily investment opportunity located in Pomona, California. Constructed in 1964, the property comprises approximately 3,970 square feet of rentable area situated on a 7,252 square foot parcel. The unit mix consists of one (3 Bed / 1.5 Bath) unit, two (2 Bed / 1.5 Bath) units, and one (1 Bed / 1 Bath) unit, providing a broad tenant appeal and stable occupancy profile. The asset benefits from tenant-paid gas and electricity, four garage parking spaces, and a favorable location near major retail, employment, and transportation amenities. Current operations provide immediate income while offering investors the opportunity to capitalize on approximately 30% rental upside through natural tenant turnover and professional management. 2418 Angela Street represents a compelling opportunity to acquire a well-maintained multifamily asset with strong fundamentals, in-place cash flow, and meaningful value-add
potential within the growing Pomona rental market.
Property Facts
| Price | $1,000,000 | Building Class | C |
| Price Per Unit | $250,000 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,970 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1964 |
| Apartment Style | Low-Rise | Parking Ratio | 1/1,000 SF |
| Zoning | R31000, Pomona - Residential | ||
| Price | $1,000,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,970 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R31000, Pomona - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Storage Space
- Heating
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1.5 | 2 | - | - |
| 3+1.5 | 1 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 8331-023-035 | Improvements Assessment | $309,060 |
| Land Assessment | $663,000 | Total Assessment | $972,060 |
Property Taxes
Parcel Number
8331-023-035
Land Assessment
$663,000
Improvements Assessment
$309,060
Total Assessment
$972,060
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2418 Angela St
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