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Listed price in listed location currency (USD).
$1,475,000

0014

MLS® CV26119739

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 2
Lot Size 
Approx. Age 1926
MLS® Number CV26119739

Property Address: 1406 Prospect Dr, Pomona, CA, 91766-4218

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

Description

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® NumberCV26119739
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1926
Basement
DrivewayAssigned, Boat, Concrete, Driveway, On Site, Oversized, Deck, Rv Potential, Workshop In Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 11, 2026List Date
$1,475,000List Price
Feb 7, 2026End Date
$1,000,000Sold Price

Sold

Feb 10, 2026List Date
$1,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
1406 Prospect Dr, Pomona, CA

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