1390 Prospect, Pomona, CA 91766
Local realty services provided by:ERA Excel 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:66 day(s) ago
- Updated:August 17, 2026 at 11:12 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
$525,000Active3 beds 2 baths906 sq. ft.1652 Home Terrace, Pomona, CA 91768
MLS# CV26175159Listed by: EXCELLENCE REAL ESTATE - New
$605,000Active3 beds 3 baths1,497 sq. ft.1307 Nimbus, Pomona, CA 91768
MLS# WS26178923Listed by: PINNACLE REAL ESTATE GROUP - New
$39,000Active1 beds 1 baths300 sq. ft.3825 Valley #58, Walnut, CA 91789
MLS# NDP2607709Listed by: EXPRESSION HOMES - Coming Soon
$650,000Coming Soon3 beds 1 baths1719 Catalina Dr, Pomona, CA 91766
MLS# CV26177727Listed by: VISMAR REAL ESTATE - New
$665,000Active3 beds 2 baths1,991 sq. ft.1022 Rodman, Pomona, CA 91767
MLS# WS26178147Listed by: LONGO REALTY, INC. - New
$665,000Active3 beds 2 baths1,991 sq. ft.1022 Rodman, Pomona, CA 91767
MLS# WS26178147Listed by: LONGO REALTY, INC. - New
$565,000Active3 beds 2 baths1,375 sq. ft.626 Greendale, Pomona, CA 91767
MLS# CV26178060Listed by: PHILLIP CASTRUITA, REALTOR - New
$679,000Active3 beds 3 baths1,300 sq. ft.2443 Haven Ridge, Pomona, CA 91767
MLS# CV26169264Listed by: AGENCY 8 REAL ESTATE GROUP - New
$849,000Active3 beds 2 baths1,918 sq. ft.1715 Calle De Oro, Pomona, CA 91768
MLS# CV26176785Listed by: KELLER WILLIAMS PREMIER PROPER - New
$795,000Active3 beds 2 baths1,594 sq. ft.1552 Hacienda Place, Pomona, CA 91768
MLS# CV26177053Listed by: DON KENDRICK REAL ESTATE