1390 Prospect, Pomona, CA 91766
Local realty services provided by:ERA Donahoe Realty
1390 Prospect,Pomona, CA 91766
$1,675,000
- 2 Beds
- 1 Baths
- 1,455 sq. ft.
- Single family
- Active
Listed by: albert rodriguez
Office: century 21 citrus realty inc909-592-8500
MLS#:CV26119618
Source:CRMLS
Price summary
- Price:$1,675,000
- Price per sq. ft.:$1,151.2
About this home
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 and windows.Welcome to 1402,1404 & 1406 Prospect Drive, a 40,939 Square foot parcel! Almost 1 acre!! This parcel features 3 houses on a lot which consist of a fully remodeled single-family home with 2 bds and 1 bath @$2,750mo: A 2bdrm 1 ba w/ 1 car garage @ $2,700 mo: And a 1 bd, 1 bath @ $1,800 mo. Three separate houses with a view! Currently generating at total $7,250 mo. 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 property has 3 additional concrete areas for parking. 1 area is a 5000SF+-, 2nd area is 4000SF+- and the 3rd area is 3000SF+-. 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 and entitlement plans. $200,000 plus in recent capital improvements, new interior, exterior paint, flooring, cabinets, electrical, plumbing and windows. Lot lines in photos are approximate. Please review supplements. Buyers to verify all development possibilities and aspects with the City of Pomona....
Contact an agent
Home facts
- Year built:1927
- Listing ID #:CV26119618
- Added:1 day(s) ago
- Updated:June 13, 2026 at 10:39 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Wood
- Kitchen Description:Gas Oven, Gas Range
- Basement:Yes
- Living area:1,455 sq. ft.
Heating and cooling
- Cooling:Attic Fan, Central Air, Gas, Wall Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1927
- Building area:1,455 sq. ft.
- Lot area:2.02 Acres
- Lot Features:Front Yard, Value In Land, Yard
- Architectural Style:Traditional
- Construction Materials:Stucco
- Exterior Features:FrontPorch
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,675,000
- Price per sq. ft.:$1,151.2
Features and amenities
- Laundry features:Inside
- Amenities:All Bedrooms Down, Attic
- Pool features:In Ground, Private
Parking
- Parking description:Boat, Driveway
New listings near 1390 Prospect
- New
$699,000Active3 beds 3 baths1,791 sq. ft.1329 Nimbus, Pomona, CA 91768
MLS# SB26111969Listed by: THOMPSON TEAM REAL ESTATE, INC. - New
$600,000Active3 beds 3 baths1,634 sq. ft.629 E Mission, Pomona, CA 91766
MLS# TR26127507Listed by: RE/MAX GALAXY - New
$756,000Active3 beds 2 baths1,554 sq. ft.165 Lincoln, Pomona, CA 91767
MLS# CV26127964Listed by: GORDIEN & ASSOCIATES - New
$189,900Active4 beds 2 baths1,500 sq. ft.1401 W 9th #103, Pomona, CA 91766
MLS# CV26128358Listed by: CENTURY 21 CITRUS REALTY INC - New
$450,000Active2 beds 2 baths1,036 sq. ft.1837 Benedict, Pomona, CA 91767
MLS# PW26126734Listed by: COLDWELL BANKER ENVISION - Coming Soon
$668,000Coming Soon3 beds 3 baths2438 Highland Pines, Pomona, CA 91767
MLS# IG26126283Listed by: EXP REALTY OF CALIFORNIA INC. - Open Sun, 11am to 3pmNew
$915,000Active4 beds 3 baths1,938 sq. ft.15 Knollview, Phillips Ranch, CA 91766
MLS# SW26102161Listed by: COLDWELL BANKER ASSOC.BRKR-MUR - New
$850,000Active4 beds 2 baths2,501 sq. ft.850 E Columbia, Pomona, CA 91767
MLS# TR26128273Listed by: KW VISION - Open Sat, 2 to 4pmNew
$799,000Active6 beds 3 baths1,710 sq. ft.2065 Orange Grove Avenue, Pomona, CA 91768
MLS# WS26126186Listed by: RE/MAX PREMIER/ARCADIA - Open Sun, 1 to 4pmNew
$638,000Active3 beds 4 baths1,560 sq. ft.867 Seville, Pomona, CA 91767
MLS# AR26127912Listed by: COLDWELL BANKER REALTY