Description

695 W Main Street, Pomona, a beautifully located single family residential that is operated as a student housing and carries a significant value-add opportunity. Offered at a very low price compared to competing properties and an extremely attractive ±6.72% CAP Rate (Proforma – stated CAP is as a fully occupied student housing – buyer to verify), this offering provides an excellent ±8.50% Cash-on-cash return with a low downpayment on a 30-year fixed mortgage (buyer to verify).

Details

Property ID AR25082791

Property Size 2900 Sqft

Land Area 0.21 Acres

2.0 Garages

Year Built 1903

Updated on September 16, 2025 at 8:42 pm

Features

Additional details

Listing Terms: Cash, Cash to New Loan
Roof: Asbestos Shingle
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer: Public Sewer
Cooling: Wall/Window Unit(s)
Heating: Wall Furnace
Flooring: Wood
County: Los Angeles
Property Type: Residential Income
Pool: None
Parking: Assigned
Community Features: Suburban, Valley, Park
Architectural Style: Colonial