New
$1,675,000
3 bd · 2 ba · · 2.02 acre lot
1390 Prospect Dr, Pomona, CA 91766
Multi-family · Built 1927 ·
$10,259/mo est. payment
- Stories
- 1
Flood factor 1/10
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. Please review supplements. Buyers to verify all development possibilities and aspects with the City of Pomona.
Facts and features
Bedrooms
- Bedrooms: 3
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Attic fan
- Flooring: Wood
Appliances
- Gas range
- Gas oven
- Laundry Features: Inside
Other Rooms
- Attic
- Laundry
- Guest/maid's quarters
- All bedrooms down
- Basement
- Main floor primary bedroom
- Kitchen
- Living room
Heating and Cooling
- Cooling Features: Gas, Central Air, Wall/Window Unit(s)
- Heating Features: Central
- Heating: Yes
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: 0-1 Unit/Acre, Front Yard, Yard, Value In Land
- Lot Size Acres: 2.0244
- Lot Size Source: Assessor
- Lot Size Square Feet: 88182
Pool and Spa
- Pool Features: In Ground, Private
- Pool Private: Yes
Schools
- 4
Vejar Elementary School
elementary · K-8 · 0.6 mi
- 4
Fremont Academy Of Engineering And Design
middle · 7-12 · 0.7 mi
New Dimensions School
elementary · PK-8 · 1.2 mi
New Dimensions Academy
elementary · K-8 · 1.2 mi
- 6
Garey High School
high · 9-12 · 1.1 mi
- 4
Decker Elementary School
elementary · K-6 · 0.6 mi
Price history
- Sep 18, 2026 · Listed$1,675,000
- Jun 11, 2026 · Listed$1,675,000
- Feb 13, 2026 · Sold$750,000
- Feb 10, 2026 · Listed$750,000
- Apr 2, 2025 · Listing Removed—
- Feb 25, 2024 · Price Changed$2,550,000
- Sep 11, 2023 · Listed$2,700,000
- Nov 30, 1979 · Sold$63,500
Tax history
- 2025$4,621 tax · $306,993 assessed
- 2024$4,218 tax · $300,975 assessed
- 2023$4,093 tax · $289,289 assessed
- 2022$3,983 tax · $283,618 assessed
- 2021$3,894 tax · $278,058 assessed
- 2020$3,881 tax · $275,208 assessed
- 2019$3,972 tax · $269,813 assessed
- 2018$3,585 tax · $264,524 assessed
Home value
$1,550,200
- Cotality$1,550,200
- Collateral Analytics$744,000
- Quantarium$1,663,076
Where it is
Listed by Albert Rodriguez · Century 21 Citrus Realty · CRMLS
