Property Details
About this Property
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 ±7.14% CAP Rate (as a fully occupied student housing - buyer to verify), this offering provides an excellent ±9.47% Cash-on-cash return with a low downpayment on a 30-year fixed mortgage (buyer to verify). The property is strategically located in Pomona Historical District, and within walking distance from Downtown Pomona. It has a very high Walk Score of 92 and only less than 10 minutes to CAL POLY POMONA. The property is only minutes away from Claremont Colleges, Pomona Fairplex, Claremont, San Dimas, La Verne and other well-known cities in East San Gabriel Valley. It is currently leased out to CAL POLY Pomona students with only 3 remaining bedrooms available. The property was built in 1903, a two-story colonial architectural style, and has a total of 8 bedrooms and two bathrooms. It has a large 2,900sf living space and is situated on a large 9,145sf lot. It has been fully upgraded with modern upgrades, and electrical panels have been upgraded as well. The large bathroom is a communal bathroom with triple sinks, three shower st
MLS Listing Information
MLS #
CRAR25082791
MLS Source
California Regional MLS
Days on Site
29
Interior Features
Appliances
Oven Range - Gas, Refrigerator, Dryer, Washer
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Foundation
Raised
Pool
None
Style
Colonial
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 2 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 1 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
695 N Main St is a Residential Income in Pomona, CA 91768. This – square foot property sits on a 9,148 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $990,000 and was built in 1903. This address can also be written as 695 N Main St, Pomona, CA 91768.
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This listing information is up-to-date as of April 16, 2025. For the most current information, please contact Han Chen, (626) 594-4900
