- BHGRE®
- California
- Pomona
- 1031 Friar Lane
1031 Friar Lane, Pomona, CA 91766
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1031 Friar Lane,Pomona, CA 91766
$1,199,000
- - Beds
- - Baths
- 4,125 sq. ft.
- Multi-family
- Active
Listed by: ricky lee, yuan le
Office: ricky&jessie realty
MLS#:TR25263034
Source:CRMLS
Price summary
- Price:$1,199,000
- Price per sq. ft.:$290.67
About this home
Investment Opportunity! Discover this well-maintained fourplex in the City of Pomona, offering strong rental income and excellent future upside. The front unit, Unit A, is a rare single-story 3-bedroom, 2-bath layout featuring a private backyard, giving tenants a desirable home-like living experience. The property offers significantly stronger cash flow compared to single-family homes or condos, making it an attractive choice for investors seeking both stability and income.
Attached to Unit A is a two-story triplex consisting of three additional units. Units B and C are well-designed 2-bedroom, 1-bath units located on the upper level, while Unit D, situated downstairs, offers 2 bedrooms and 1.5 baths. All units benefit from the convenience of onsite parking, including four single-car garages and additional guest parking spaces.
The property is separately metered with four electric meters, four gas meters, and one water meter. Tenants also enjoy a fenced front yard, full perimeter wood fencing, and a secure gated entry for added privacy and peace of mind. The exterior of the building was recently painted, making the property clean, attractive, and ready for a new owner to take over.
Current monthly rents are below market, providing a great value-add opportunity. The property generates a total monthly gross rent of $6,280, resulting in annual gross income of $75,360.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:TR25263034
- Added:50 day(s) ago
- Updated:January 30, 2026 at 09:57 PM
Rooms and interior
- Living area:4,125 sq. ft.
Structure and exterior
- Year built:1964
- Building area:4,125 sq. ft.
- Lot area:0.23 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$290.67
New listings near 1031 Friar Lane
- New
$699,000Active3 beds 2 baths1,200 sq. ft.1156 Cromwell Street, Pomona, CA 91768
MLS# IG26021823Listed by: REIMCORP, INC. - New
$980,000Active3 beds 3 baths2,083 sq. ft.3 Wild West Circle, Phillips Ranch, CA 91766
MLS# IV26021021Listed by: ELEVATE REAL ESTATE AGENCY - Open Sat, 11am to 1pmNew
$679,900Active3 beds 2 baths1,491 sq. ft.1109 E Olive, Pomona, CA 91766
MLS# CV26021474Listed by: RE/MAX INNOVATIONS - New
$925,000Active4 beds 3 baths2,097 sq. ft.1 Red Oak, Pomona, CA 91766
MLS# PW26021105Listed by: SEVEN GABLES REAL ESTATE - Open Sat, 1:30 to 3:30pmNew
$699,000Active3 beds 3 baths1,687 sq. ft.12 Deerpath Place, Pomona, CA 91766
MLS# CV26020769Listed by: RE/MAX MASTERS REALTY - Open Sat, 1 to 4pmNew
$610,000Active2 beds 3 baths1,217 sq. ft.1462 Stratus Drive, Pomona, CA 91768
MLS# TR26019984Listed by: RE/MAX GALAXY - New
$610,000Active2 beds 3 baths1,217 sq. ft.1462 Stratus Drive, Pomona, CA 91768
MLS# CRTR26019984Listed by: RE/MAX GALAXY - Open Sat, 10am to 1pmNew
$585,000Active2 beds 2 baths720 sq. ft.1087 E Phillips, Pomona, CA 91766
MLS# IG26020595Listed by: ELEVATE REAL ESTATE AGENCY - Open Sat, 10am to 1pmNew
$575,000Active2 beds 1 baths820 sq. ft.1095 E Phillips, Pomona, CA 91766
MLS# IG26020600Listed by: ELEVATE REAL ESTATE AGENCY - Open Sat, 1 to 3pmNew
$598,000Active2 beds 2 baths1,069 sq. ft.5 Mountain Shadows Pl, Pomona, CA 91766
MLS# TR26019761Listed by: RE/MAX GALAXY