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695 N Main Street

Pomona, CA 91768

– beds
– baths
– sqft
9,148 sqft lot
1903 build
– on site

695 W Main Street, Pomona, a beautifully located single family residential that is operated as a student housing and carries a significant value-add opportunity. Offered at a very low price compared to competing properties and an extremely attractive ±7.14% CAP Rate (as a fully occupied student housing - buyer to verify), this offering provides an excellent ±9.47% Cash-on-cash return with a low downpayment on a 30-year fixed mortgage (buyer to verify). The property is strategically located in Pomona Historical District, and within walking distance from Downtown Pomona. It has a very high Walk Score of 92 and only less than 10 minutes to CAL POLY POMONA. The property is only minutes away from Claremont Colleges, Pomona Fairplex, Claremont, San Dimas, La Verne and other well-known cities in East San Gabriel Valley. It is currently leased out to CAL POLY Pomona students with only 3 remaining bedrooms available. The property was built in 1903, a two-story colonial architectural style, and has a total of 8 bedrooms and two bathrooms. It has a large 2,900sf living space and is situated on a large 9,145sf lot. It has been fully upgraded with modern upgrades, and electrical panels have been upgraded as well. The large bathroom is a communal bathroom with triple sinks, three shower stalls, and several private toilet areas. One of the vacant bedrooms is a large bedroom that could easily accommodate 2 students. Washer and dryer is included in the rent – savvy owner should replace this into coin operated machines to boost the income. The property has a side yard and back yard and has alley access to the parking area in the back. There is a 2-car garage that is being used as a game room. Savvy owners should convert this 2-car garage into a junior ADU. There is additional parking space (open area) accessible from the alley (gated). Centrally located in Pomona, CA and just within minutes to Cal Poly Pomona, Claremont Colleges, 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).

Listed By CRMLS_CA / Han Chen / Growth Investment Group Pasade / han.chen@growthinvestmentgroup.com

Last checked: Checking… • Last updated Apr 15, 2025 •

MLS# AR25082791 —

This property is listed in more than one place. See it here, and here, and here.

The Building

Year Built:

1903
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

2900.00
Building Area Units:

Square Feet
Total Number Of Units:

1
# of Buildings:

1
Architectural Style:

Colonial
Roof:

Asbestos Shingle
Foundation:

Raised
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls
Faces:

East
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Levels:

Two
Entry Location:

1
Flooring:

Wood
Number Wall AC:

8
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
Laundry:

1

Financial & Terms

Disclosures:

City Inspection Required, Historical, Principal Is RE Licensed

Location

Directions:

fwy 10 exit White Ave, go south, left on orange grove, right on Gordon St, and left on pearl St.
Latitude:

34.06439400
Longitude:

-117.75257300

The Property

Property Type:

Residential Income
Subtype:

Single Family Residence
Zoning:

POAP*
Lot Features:

Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Near Public Transit, Park Nearby
Lot Size Area:

9148.0000
Lot Size Acres:

0.2100
Lot Size SqFt:

9148.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wood
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

180
Tax Census Tract:

4023.03
Tax Lot:

1

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

8336014001

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Gas Range, Refrigerator, Water Heater
Included:

Yes

The Community

Neighborhood:

Historical district Pomona
Features:

Suburban, Valley
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Buyer to Verify

Parking

Parking:

Yes
Parking:

Assigned
Parking Spaces:

4.00
Garage Spaces:

2.00
Uncovered Spaces:

2.00

Extra Units

Number With Disposal:

1
Number With Dishwasher:

1
Number With Refrigerator:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/15/25 Apr 15, 2025	Listed / Active	CRMLS_CA	$990,000	55.9% (7.3% / YR)
8/28/17 Aug 28, 2017		CRMLS_CA	$635,000

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This multifamily located in Wilton Heights Historic District, Pomona, CA 91768 is currently for sale for $990,000. 695 N Main Street is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 695 N Main Street is in the Wilton Heights Historic District neighborhood of Pomona and has a WalkScore® of 86, making it very walkable. This multifamily is in the attendance area of Lincoln Elementary School, Pomona High School, and Palomares Academy.

Listing Courtesy of: CRMLS_CA and Growth Investment Group Pasade. Based on information from California Regional Multiple Listing Service, Inc. as of 05:21 on Apr 16.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.