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Suburban Los Angeles Apartments Sell for Pomona’s Highest Price in Years

Positive Investments Buys 138-Unit Property for $35.5 Million

The138-unit Terramonte Apartment Homes is located at 150 W. Foothill Blvd. in Pomona. (John Ehart/CoStar)
The138-unit Terramonte Apartment Homes is located at 150 W. Foothill Blvd. in Pomona. (John Ehart/CoStar)

A property in suburban Los Angeles has traded for the highest total price in that city in years despite an overall slowdown in multifamily transactions.

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