530-578 Curran Place & 1584 W Mission Blvd, Pomona "” a beautifully maintained and extensively upgraded 28-unit multifamily investment opportunity in the heart of Pomona. This attractive, value-add asset is situated on a generous 0.98-acre lot and delivers an attractive 5.67% in-place CAP Rate with significant rental upside through strategic lease-up and repositioning. With its strategic location near many major destinations in the area (CAL Poly Pomona, Claremont Colleges, etc.) and its superb curb appeal, this investment offers a stable & attractive return for a savvy investor.
The property consists of 2 lots (530 Curran Pl - 24 units, and 1584 W Mission Blvd - 4 units) and comprised of six separate buildings totaling approximately 22,712 square feet and features a superb unit mix of 24 large two-bedroom/one-bath units and 4 one-bedroom/one-bath units "” all with individually metered gas and electric. The property has excellent amenities such as secured entrance, fenced swimming pool, professionally landscaped yards, mature olive and palm trees, coin-operated laundry room, individual storage for most units, and 2 additional storage rooms for the owner.
The property boasts recent capital improvements including repaired, reinforced, and repainted perimeter fencing with automated gates, reinforced stair structures, updated electrical panels (interior/exterior), sprinkler lines and timers have all been upgraded from galvanized to PVC, and drip systems have been installed in the planters, fresh exterior paint, resurfaced asphalt (2025), replastered pool, upgraded to security lighting in the parking area with dusk to dawn LED lights, and 32-camera security system feed the managers unit onto a full screen monitor capable of playback and remote access to tablet, computer, or phone installed (2021) and recently upgraded. Approximately fifteen (15) units have been thoughtfully remodeled with smooth ceilings, recessed lighting, updated kitchens, tiled bathroom, and laminate flooring.
Parking is provided by carport and open space in the back. It has 30 parking spaces (24 covered with large storage cabinets and 6 open spaces). A brand-new grocery store is also within walking distance "” adding to the day-to-day convenience for tenants.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
8/15/2025
|
|
YEAR BUILT
|
1962
|
COMMUNITY
|
687 - Pomona
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Disposal, Gas Range |
| AREA |
687 - Pomona |
| EXTERIOR |
Garden |
| HEAT |
Wall Furnace |
| LOT |
0.9841 acre(s) |
| LOT DESCRIPTION |
Garden, Landscaped, Level, Near Public Transit, Rectangular Lot |
| PARKING |
Assigned, Carport, Detached Carport, Paved |
| POOL |
Yes |
| POOL DESCRIPTION |
Private, Community |
| SEWER |
Public Sewer |
| STORIES |
2 |
| TAXES |
75966 |
| UTILITIES |
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights |
| WATER |
Public |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Growth Investment Group Pasade
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/16/25 9:13 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email