Pomona, California, situated in Los Angeles County, is attracting real estate investors for several reasons. Anchored by prominent institutions like Cal Poly Pomona, a prestigious university with over 25,000 students, and Western University of Health Sciences, a leading medical school, the city offers a steady stream of jobs. Manufacturing and logistics companies are flocking to Pomona due to its excellent freeway access and proximity to major transportation hubs. This economic strength is reflected in the low unemployment rates, which have remained attractive even during recent national economic uncertainties.
The median home price in Pomona sits comfortably below the average for the Los Angeles metro area, with homes selling within about a month and a half. Pomona's historic downtown area offers new restaurants, shops, and art galleries that have led to increased visitor and resident interest in the city. Popular neighborhoods include the tree-lined streets of Phillips Ranch, and the culturally vibrant Claremont Village, offering a taste of small-town living with its shops and cafes.
Looking ahead, Pomona's real estate market shows great promise, presenting an opportunity for investors to enter a market poised for appreciation and potentially strong returns.