Pomona, CA 91768,1072 W Wilson Street
Pomona, CA 91768,1072 W Wilson Street
Pomona, CA 91768,1072 W Wilson Street
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$2,450,000
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8,104 SqFt
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1072 W Wilson Street Pomona, CA 91768

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,104 sqft

Price per Sqft $302

MLS Listing ID CL25577909

HOA Y/N No

Year Built 1955

Lot Size 0.401 Acres

Acres 0.4

Property Sub-Type Other

Property Description

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. Additio

Location

State CA

County Los Angeles

Zoning POR3

Interior

Heating Forced Air

Fireplace No

Laundry Common Area

Building

New Construction No

Others

Tax ID 8357006035


Bridge MLS
Listed by Edward Pan • Colliers International Greater Los Angel

A FEW WORDS FROM PAST CLIENTS

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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1072 W Wilson Street