RealKey
‪(213) 433-7766‬

871 W Wilson, Pomona, California 91768, Pomona, 91768 - bed, bath

871 W Wilson, Pomona, California 91768 home-pic-0
ACTIVE UNDER CONTRACT$1,275,000
871 W Wilson, Pomona, California 91768
0Bed
0Bath
3,307Sqft
13,056Lot
Year Built
1900
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$386
HOA
-
Days on market
-
Sold On
-
MLS number
OC25228345
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.27M(50th), sqft - 3307(75th), beds - undefined(50th), baths - undefined(50th).

4 Units on a Huge Lot! An excellent investment opportunity with strong returns. This property offers three 2BR/1BA units and one 3BR/2BA unit, all single story. Features include 3 single-car garages plus 8 additional on-site parking spaces. The building offers an ideal unit mix: Unit 871 (Front): 2 bedrooms, 1 bath. Unit 875 (Front): 3 bedrooms, 2 baths. Unit 873 (Back): 2 bedrooms, 1 bath, Built in 1956. Unit 877 (Back): 2 bedrooms, 1 bath, Built in 1956. Each unit is equipped with in-unit washer and dryer hookups and its own private yard, boosting tenant appeal and long-term rental stability. All four units were fully remodeled inside and out in 2022, offering modern finishes, high rental rates, and low operating expenses—currently delivering a 7%+ cap rate. Located in a quiet residential neighborhood with easy access to the 10 Freeway, LA County Fairgrounds, Cal Poly Pomona, Western University, Mt. SAC, and Pomona College. A turnkey, income-producing asset in a prime location!

Price History

Date
Event
Price
09/29/25
Listing
$1,275,000
Condition Rating
Excellent
The property underwent a full interior and exterior remodel in 2022, which is within the last 5 years. The images confirm modern finishes throughout, including new laminate flooring, recessed lighting, updated kitchens with white shaker cabinets, modern countertops, and new appliances. Bathrooms feature new vanities, fixtures, and subway tile surrounds. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Strong Investment Opportunity: The property is explicitly marketed as an 'excellent investment opportunity with strong returns,' boasting a 7%+ cap rate, high rental rates, and low operating expenses, making it a highly attractive income-producing asset.
Recent Extensive Remodel: All four units were fully remodeled inside and out in 2022, ensuring modern finishes, reduced immediate maintenance needs, and enhanced tenant appeal.
Desirable Tenant Amenities & Unit Mix: Each unit features in-unit washer and dryer hookups and a private yard, significantly boosting tenant satisfaction and retention. The mix of three 2BR/1BA and one 3BR/2BA unit, all single-story, caters to a broad tenant base.
Ample Parking: The property offers substantial parking with three single-car garages and eight additional on-site parking spaces, a significant advantage for a multi-unit property in a residential area.
Prime Location & Accessibility: Situated in a quiet residential neighborhood with easy access to the 10 Freeway and proximity to major educational institutions (Cal Poly Pomona, Western University, Mt. SAC, Pomona College) and the LA County Fairgrounds, ensuring a strong and consistent tenant pool.

Cons

Active Under Contract Status: The property is currently 'Active Under Contract,' indicating that it is likely not available for new offers, limiting immediate purchase opportunities for interested buyers.
Age of Original Construction: Despite the recent remodel, the original structure dates back to 1900. While units 873 and 877 were built in 1956, the overall age of the property could imply potential underlying issues with foundational elements, main plumbing, or electrical systems not fully addressed by cosmetic renovations, potentially leading to higher long-term maintenance costs or insurance premiums.
Limited Detail on Remodel Scope: While 'fully remodeled inside and out' is stated, the description lacks specific details regarding major system replacements (e.g., roof, foundation, main electrical/plumbing lines, HVAC). This absence of detail could mean potential future capital expenditures for components not covered in the 2022 renovation.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state