2325 Angela Street, Pomona, California 91766, Pomona, - bed, bath

home-pic
ACTIVE$1,688,000
2325 Angela Street, Pomona, California 91766
0Bed
0Bath
4,339Sqft
7,160Lot
Year Built
1965
Close
-
List price
$1.69M
Original List price
$1.78M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR23221602
Home ConditionGood
Features
ViewNeighborhood

About this home

Fully rented out! Welcome to 2325 Angela St, a prime location nestled near vibrant shopping centers, entertainment venues, convenient transportation options, and more. This unique quadraplex stands out with its four units, each boasting three bedrooms, two full baths, and a detached garage space. Recently renovated, the property now showcases modern kitchens and bathrooms in every unit, complemented by new flooring and fresh paint. This investment opportunity of a lifetime awaits, offering a chance to secure a lucrative deal. The potential for additional income through laundry services or Tenant billing for CAM can add upside potential. Don't miss out on this rare opportunity, seize the moment and make this investment yours before it disappears from the market.

Price History

Date
Event
Price
08/18/25
Price Change
$1,688,000
12/05/23
Listing
$1,780,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot4,3392,059
86%
Lot Size7,1607,160
50%
Price$1.69M$768K
86%
Price per square foot$389$435
43%
Built year19651962
71%
HOA
Days on market701181
86%
Condition Rating
Good

The property, built in 1965, has been 'recently renovated' with 'modern kitchens and bathrooms, new flooring and fresh paint' as stated in the description. Images confirm updated white shaker-style cabinets, light countertops, and stainless steel sinks in the kitchens, along with new-looking laminate and carpet flooring, and fresh paint throughout. While the appliances are basic and some units show wall-mounted AC, the overall condition is clean, bright, and move-in ready, indicating a significant renovation within the last 5-15 years, aligning with the 'Good' criteria.
Pros & Cons

Pros

Immediate Income Stream: The property is fully rented out, providing immediate and stable cash flow for an investor from day one.
Multi-Unit Configuration: As a quadraplex with four 3-bedroom, 2-bath units, it offers diversified income streams and higher overall rental potential compared to smaller multi-family properties.
Recent Interior Renovations: All units have been recently renovated with modern kitchens, bathrooms, new flooring, and fresh paint, reducing immediate capital expenditure for a new owner and enhancing tenant appeal.
Strategic Location: The property boasts a prime location near shopping centers, entertainment venues, and convenient transportation, which supports strong tenant demand and retention.
Value-Add Potential: There is explicit potential for additional income generation through services like laundry or tenant billing for Common Area Maintenance (CAM), offering upside to the investment.

Cons

Age of Property: Built in 1965, the underlying infrastructure may be older, potentially leading to future maintenance or replacement costs for systems not covered by recent cosmetic renovations.
Price Reduction History: The property has undergone a price reduction from its original listing, which could indicate market resistance or that the initial pricing was too aggressive.
Limited Financial Transparency: The listing description lacks specific details on current rental income per unit, operating expenses, or a calculated capitalization rate, requiring extensive due diligence for a comprehensive investment analysis.

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