828 Hawthorne Place — Sale in Pomona, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Pomona, CA 91767

Photos

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Investment Figures

Cap rate
5.80%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 828 Hawthorne Place, a five-unit multifamily property located in Pomona, California. The property is centrally located within the eastern Los Angeles County market, providing residents with convenient access to major employment centers, transportation corridors, shopping, dining, and surrounding communities throughout the San Gabriel Valley and Inland Empire. 828 Hawthorne Place offers investors the opportunity to acquire a five-unit property with strong in-place income and significant value-add potential. With approximately 23.5% rental upside, investors have a clear path to increasing cash flow as rents are brought closer to market levels. The property features approximately ±2,950 rentable square feet on an ±6,712-square-foot lot (±0.15 acres). The unit mix consists of three one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units. The property also features gated on-site parking located at the rear of the property. Offered at $940,000, the property is priced at $188,000 per unit and $318.64 per square foot. The property is currently producing a 5.80% cap rate and 10.13 GRM, with the opportunity to achieve a pro forma 8.03% cap rate and 8.20 GRM as rents are increased toward market levels. Pomona continues to benefit from its central location between Los Angeles, Orange County, and the Inland Empire, along with strong renter demand and convenient access to major employment and transportation corridors. With strong in-place income, 23.5% rental upside, and attractive stabilized returns, 828 Hawthorne Place offers investors immediate cash flow with a clear path toward increased long-term value. Investment Highlights: • Currently producing a 5.80% cap rate with the opportunity to achieve a projected 8.03% cap rate as rents are brought closer to market. • Current rents offer approximately 23.5% upside, providing a clear path to increased cash flow and improved returns. • Consists of (3) 1 Bedroom/1 Bath units and

Market Context

This multifamily in Pomona, CA is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Pomona, CA — view the full market.

As of Q1 2026, the Inland Empire multifamily market showed a 4.9% vacancy rate. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Multifamily market FAQ

Is the Inland Empire multifamily market tightening or softening?
Vacancy is around 4.9% (Q1 2026).

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  • What is the asking price?
  • What is the current zoning, and does it allow my intended use?
  • How many parking spaces come with the property?

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