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828 Hawthorne Place, Pomona, CA 91767

$940,000 Approx. USD 7 beds, 5 baths
2,950 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Oscar Diaz | Oscar.Diaz@marcusmillichap.com
Lic#: 02022902
Broker: Courtesy of Marcus & Millichap
Phone: 213-943-1884

Agent Remarks

We are 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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26998945

Price: $940,000

Beds: 7

Baths: 5

Built in 1909

2,950 sqft

2 stories

0.15 acres

Lot size: 0.1541

County: Los Angeles

Zoning: POR2*

MLS area: 687 - Pomona

Last Updated: 10/16/2026

Days On Market (DOM): 38

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This listing belongs to the 687 - Pomona MLS area

Lat/Long: 34.061584, -117.734183.
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