1390 Prospect, Pomona, CA 91766
Local realty services provided by:CENTURY 21 Coastal Properties
1390 Prospect,Pomona, CA 91766
$1,675,000
- 2 Beds
- 1 Baths
- 1,455 sq. ft.
- Single family
- Active
Listed by:
- Albert Rodriguez(909) 592 - 8500CENTURY 21 Citrus Realty
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:48 day(s) ago
- Updated:July 30, 2026 at 11:04 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
$749,990Active4 beds 3 baths2,079 sq. ft.445 Eleanor Street, Pomona, CA 91766
MLS# TR26165964Listed by: RE/MAX GALAXY - New
$849,000Active0.3 Acres1447 S Garey Ave, Pomona, CA 91766
MLS# 26865613Listed by: LPT REALTY, INC - Coming Soon
$749,800Coming Soon3 beds 2 bathsAddress Withheld By Seller, Pomona, CA 91767
MLS# CV26155731Listed by: JOSEPH GAMMARIELLO, BROKER - New
$950,000Active5 beds 3 baths2,140 sq. ft.1250 Murchison Avenue, Pomona, CA 91768
MLS# 26865841Listed by: MAYWOOD PROPERTY GROUP - New
$1,398,000Active4 beds 3 baths3,000 sq. ft.29 Willowbrook, Phillips Ranch, CA 91766
MLS# CV26164975Listed by: RE/MAX TIME REALTY - New
$1,970,000Active4 beds 4 baths2,494 sq. ft.22108 Garibaldi Drive, Walnut, CA 91789
MLS# TR26165414Listed by: CBC SALES CORPORATION - New
$60,000Active1 beds 1 baths684 sq. ft.301 E Foothill Blvd #155, Pomona, CA 91767
MLS# CV26164494Listed by: MASTERHOME, INC. - Open Sat, 1 to 3pmNew
$998,000Active5 beds 4 baths2,435 sq. ft.42 Gable Ct, Pomona, CA 91766
MLS# TR26160979Listed by: ECCA MANAGEMENT LLC - Open Sat, 10:30am to 12:30pmNew
$1,999,300Active5 beds 6 baths4,285 sq. ft.2396 Scenic Ridge Drive, Chino Hills, CA 91709
MLS# CV26110634Listed by: RE/MAX MASTERS REALTY - New
$560,000Active3 beds 1 baths1,112 sq. ft.665 Texas, Pomona, CA 91768
MLS# SW26163570Listed by: ELEVATE REAL ESTATE AGENCY