131 Newman St

Welcome to 131 Newman St in Pomona, CA, where this unique real estate opportunity awaits! This property features two detached units on the same lot, offering a total monthly rental income of $5,000. This is an excellent investment opportunity for those seeking cash flow, as well as a potential homeowner looking to offset their mortgage with rental income.Additionally, the property includes a detached garage that can be converted into an ADU, adding even more value and potential income. The interior was updated in 2023, the smaller unit presents an excellent opportunity for new owners to add their personal touch with a bit of TLC. The property was recently appraised at $800,000 by the lender but priced at discount for a quick close, positioning it as a fantastic opportunity for growth and long-term potential. Don't miss out on the chance to own this income-generating property with the potential for increased value. Reach out today to arrange a showing and explore the possibilities at 131 Newman St!