Property Detail

455 Hamilton

Pomona CA 91768

$1,748,000

Status: Active

Property Details

Description

A high-cashflow and high-return 9-unit Value-Add Opportunity in the East San Gabriel Valley area. Offered at extremely high ±7.62% Current CAP (buyer to verify) and low 8.46x GRM, this offering provides a whopping ±9.95% Cash-on-cash return (on a 65% LTV and ±6.5% interest rates – buyer to verify) which arguably is one of the best cashflow deal in a primary submarket in LA County. The property is strategically located on Hamilton Blvd crossing Holt Ave which is a major commercial street in the area. This provides consistent and high demand for rental units due to its friendly transit location. The property is only minutes away from Cal Poly Pomona, Pomona Fairplex, Claremont, San Dimas, La Verne and other well-known cities in East San Gabriel Valley. The property was built in 1947 and is a combination of 3 buildings; the front building is a 2-story building and has 5 units, and the back 2 buildings are single-story building with 2 units/building. It has a total of 2,632 SF living area and is sitting on a large ±9,195 SF C4 zone. It offers a good unit mix of one 2bed+1bath, seven large studios, and one small studio. All units have been upgraded with new flooring, a new kitchen, and a new bathroom (buyer to verify). All units are market rate units; however, most of them are rented out to subsidized tenants providing security, stability and recession proof for the owner. The sale comes with an approved plan to convert the attic space in the front building into a 3-bedroom+2-bathroom unit which should bring additional cashflow on top of the already high cashflow. Parking is provided by seven/eight open space parking in the front and the middle area of the lot. The property is master metered for electricity and gas, but the owner has RUBS system in place. There was a laundry area with laundry hookups that new owner can reutilize and bring additional laundry income. Centrally located in Pomona, CA and just within minutes to Cal Poly Pomona, Fairplex Pomona, Claremont, La Verne, San Dimas, Phillips Ranch, and other well-known cities in the area. It is minutes away from Lake Bonelli area, Raging Waters, dining and transportation on Holt Ave. It offers superb access to multiple freeways (FWY 10, FWY 71, and FWY 57).

Map Location

Listing provided courtesy of Han Chen of Growth Investment Group Pasade. Last updated 2025-03-15 08:11:43.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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