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$3,180,000
4 bed
3 bath
0 Sqft
23,489 Sqft lot

631 Locust Street, Pomona, California 91766

  • Residential Income Property Type
  • 86 Days Time on market
  • 1948 Year Built
Property Description

The property comprises of 15 units situated on two parcels that consist of 23,489 square feet lot of land. The property is positioned one block from Downtown Pomona between E 6th Street and E 7th Street and is within a short drive to the Fairplex, home of the annual LA County Fair and a multitude of international race car competitions and popular events. The property has been well maintained and many units have been upgraded. The property offers convenient access to nearby shops, grocery stores, eateries and municipal services.

631-639 S Locust Street features cottage-style single story duplexes and two story garden-style apartment units. The grounds are well-kept with mature and lush landscaping, individual yards, porches or patios, individual garages and an abundant amount of surface vehicle parking. The units feature fully-equipped kitchens with appliances, security screen doors, wall-to-wall carpet, wall air conditioning and heating.

The property offers convenient access to the 71, 10, 57 and 60 Freeways connecting to all of Los Angeles County, as well as Riverside, San Bernardino and Orange counties. Neighboring cities include: Chino, Chino Hills, Claremont, San Dimas, La Verne and Ontario. Pomona provides a scenic atmosphere and is within a short distance to local landmarks, such as Downtown Pomona, Fox Theatre, Raging Waters, the Pomona Superior Court, Frank G. Bonelli Regional Park, California State Polytechnic University, the Downtown Pomona Metrolink Station and more.

631-639 S Locust Street in Pomona is an income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

Basic Details
Residential Income
Buy
CV24026610
$3,180,000
4
3
0 Sqft
1948
23,489 Sqft
Active
Apartment
Houses
Features
: Wall Furnace
: Wall/window Unit(s)
: Sidewalks, Curbs
12
$0
: Public Sewer
Address
CA
Los Angeles
Pomona
91766
631 Locust Street
631
Street
0
W118° 15' 2.8''
N34° 3' 13.5''
Additional Information
86
1
1
2
: Two, One
1
: Common Area
12
8,988 Sqft
1
0 Sqft
0 Sqft
0.54 Sqft
23,489 Sqft
1
: 2+ Common Walls
0 Sqft
POT3*
8335025005
$0
$0
$0
$9,275
1
$11,594
$1,939
0 Sqft
1
0 Sqft
$0
1
06/02/2024 15:01:46
$3,280,000
: Standard
Cash,CashtoNewLoan
Merge onto I-10 W, Exit Towne Ave, Turn Left onto N Towne Ave, Turn Right on E Mission Blvd, Turn Left onto S Locust Street
Destrahan
Harry Hurst
CB RICHARD ELLIS
ERIC CHEN
1177
C32772
$0
4.57
35
1
: Item1115unitsacre
1
1
: Square Feet
: Community Apartment
1
1
5
15
15
1
15
15
1
91
11
239052
US-06037-N-8335025005-R-N
Apartment
06/02/2024 23:17:07
Locust
687 - Pomona
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