$1,675,000
 $8,992 est/mo Sourced by Back At You

1390 Prospect,Pomona, CA 91766

Pomona, CA 91766

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Description

Welcome to 1390 Prospect Drive, an 88,182 Square foot parcel! (2.2 Acres) featuring a fully renovated single family home and studio guest house with a view and pool currently generating $5,000 per month in rental income. Most buyers evaluate this property with the in-place income. The property offers significant development potential to build up to 20 units with plenty of parking. However, to simplify requirements per the city it would be more economical to streamline and build 10-15 units at approximately 750 Square Ft or less. The potential of building 10- 15 additional 2 bd, 1 1/2 bath units would potentially create an opportunity for returns exceeding a 20% CAP Rate! You can collect rents while you work on your development plans. $100,000 plus in recent capital improvements, new interior, exterior paint, cabinets, electrical, & plumbing. Please review supplements. Buyers to verify all development possibilities and aspects with the City of Pomona.

Details

MLS #CV26204528
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1927
Days On Site42
Listing Provided ByCENTURY 21 CITRUS REALTY INC | Albert Rodriguez

Features

SQ Feet1,455
BasementY
PoolYes
Story(s)1
Units2
Building(s)2
Acreage2.02
Property ViewYes

Interior

CoolingCentral Air, Gas, Wall Window Units, Attic Fan
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesAll Bedrooms Down, Attic, Main Level Primary
AppliancesGas Oven, Gas Range
Fireplace Yes / NoNo

Exterior

RoofComposition
Construction MaterialsStucco
Lot FeaturesZero To One Unit Acre, Front Yard, Value In Land, Yard
FencingChain Link, Wood

Parking

Parking FeaturesBoat, Driveway, Rv Potential
Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected
SewerPublic Sewer, Septic Type Unknown

Location

Community FeaturesBiking, Foothills, Hiking, Street Lights

Area Information

StateCA
CountyLos Angeles
CityPomona
Zip Code91766
Area687 Pomona
Listing VS Median (in 91766)
Price:
$1,675,000
low | high
Med:
$645,500
100% of Average
sqft:
1,455
low | high
Med:
1,391
54.398625429553% of Average
$ / sqft:
$1,151
low | high
Med:
$479
100% of Average
On site:
42
low | high
Med:
37
100% of Average
Sourced by Back At You

Market Activity 91766

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Learn More About This Property

StateCA
CountyLos Angeles
CityPomona
Zip Code91766
Area687 Pomona
Listing VS Median (in 91766)
Price:
$1,675,000
low | high
Med:
$645,500
100% of Average
sqft:
1,455
low | high
Med:
1,391
54.398625429553% of Average
$ / sqft:
$1,151
low | high
Med:
$479
100% of Average
On site:
42
low | high
Med:
37
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.256M - $2.093M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
1390 Prospect Property Photo 1
$1,675,000
1390 Prospect
Pomona, CA 91766
Listing Updated: October 13, 2026 at 1:16:48 PM PDT