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Listed price in listed location currency (USD).
$1,675,000

210

MLS® CV26119618

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1455 sqft
Garage 
Taxes 
Days Active 2
Lot Size 
Approx. Age 1927
Avg. Price Per Sqft $1,151
MLS® Number CV26119618

Property Address: 1390 Prospect Dr, Pomona, CA, 91766-4217

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® NumberCV26119618
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1927
Basement
DrivewayBoat, Driveway, Rv Potential
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 11, 2026List Date
$1,675,000List Price
Feb 7, 2026End Date
$750,000Sold Price

Sold

Feb 10, 2026List Date
$750,000List Price

Home Appraisal

This property is estimated to sell between: $686,000 and $2,170,000.
Similar properties in this area sold on average for: $686,855
Expected to sell in 21 days. Similar properties sold in 23 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1390 Prospect Dr, Pomona, CA

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