Features & Amenities

Interior

  • Total Bedrooms

    16

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Forced Air

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.4005

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,450,000

  • Sq. Footage

    8, 104

  • Price/SqFt

    $302

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Edward Pan , Colliers International Greater Los Angel

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We are pleased to exclusively present the Wilson Street Apartments, a well-maintained 10-unit multifamily property located at 1072 West Wilson Street in Pomona, California. This value-add investment opportunity offers a blend of stable, long-term tenancy and significant upside potential in a prime Southern California rental market. Built in 1955, the two-story building consists of ten spacious units, including four one-bedroom/one-bath units and six two-bedroom/one-bath units. The property sits on a large 17,442 square foot corner lot, offering 8,104 rentable square feet. Located in a quiet residential neighborhood, the complex provides tenants with ten enclosed garages and ample street parking. Additional amenities include an on-site laundry facility, a secure gated entrance, and a spacious enclosed courtyard ideal for a children's play area. Each unit is individually metered for gas and electricity and is equipped with a wall-mounted air conditioning unit and a gas wall heater. The property features a stable tenant base, with current rents over 20% below market, offering investors a substantial rental upside and the potential to achieve a Pro Forma CAP rate of 6.30%. Five of the units have been extensively renovated, featuring upgraded flooring, kitchens, and bathrooms. Additionally, there is potential for further income growth through the addition of accessory dwelling units (ADUs), subject to buyer verification. Strategically located, the Wilson Street Apartments are just a short drive from key transportation routes, including Interstate 10 and Highway 71, as well as popular destinations such as Mountain Meadows Golf Course and Pomona Fairplex, home to the world-renowned LA County Fair and the historic Auto Club Raceway. This offering presents investors with the opportunity to acquire a stable, income-generating asset with considerable potential for increased returns and long-term growth in one of Southern California's most resilient rental markets.

1072 W Wilson Street

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