897 W Monterey, Pomona
$1,590,000
0 bd · 0 ba · 0 sqft · Commercial · Pomona · 3 days on market
Updated October 19, 2026
Key Facts
- Property Type
- Commercial
- Year Built
- 1950
- Lot Size
- 21,273 sqft
- Garage
- 2 cars
- Stories
- 2
- Days on Market
- 3
- Listed
- Oct 15, 2026
- MLS #
- TR26224598
- Status
- Active
Request a Showing
About this home
Welcome to an outstanding opportunity to acquire a 5 unit multi-family property that withholds three sizable separate buildings on one given lot. This property is nestled in central Pomona and is conveniently located near downtown. The first building is 1,410 sq ft. The second building is 1,320 sq ft. The third and final building is 2,102 sq ft. Altogether there is 4,832 sq ft of interior living space. Three of the units will be comprised of 1-bed/1-bath. One unit will have 3-bed/1-bath. The final unit has 2-bed/1-bath with a loft space that is accessible via the staircase. This income producing property offers a stable steady cashflow exceeding a 5 pecent cap rate as is. If we consider the pro forma rent potential there is further room for growth. Savvy investors will unequivocally be utterly delighted and will further appreciate that each unit has its own separate electric, gas AND water meter present. Three of the units were updated approximately three years ago. The 2 car parking garage is currently vacant. It has ADU conversion potential. The seller is currently awaiting final approval from LA County regarding it. Each unit has 2 parking spots to take advantage of outside. Last but not least, there is easy access to dining, entertainment, public transportation, freeways and schools. This is an incredible opportunity you will not want to miss out on. TAKE ADVANTAGE WHILE YOU CAN!!!!
Highlights
- 0-bedroom, 0-bath commercial.
- 0 square feet of living space.
- Located in Pomona.
Price History
| Date | Price | Change |
|---|---|---|
| Oct 19, 2026 | $1,590,000 | — |
| Listed Oct 15, 2026 | ||
Location
About Pomona
- Active Listings
- 379
- Median Price
- $699,990
Estimate a Monthly Payment
Estimated Monthly Payment
$10,384/mo
Includes estimated taxes and insurance at the assumption rates below. HOA dues are not included — enter your community's HOA (varies widely by community, and absent from listing data) for an accurate total.
- Principal & Interest
- $8,463
- Property Tax
- $1,458
- Insurance
- $464
- HOAnot included — enter your dues
- $0
Estimate only — not a loan offer or rate quote. Confirm actual figures with a lender.
Get Pre-Approved →Listing courtesy of IRN Realty
Based on information from California Regional MLS as of 2026-10-19T17:10:06.280Z. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.