Land with Home for Sale in Pomona, California
1390 Prospect, Pomona, CA 91766
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.
Location
- Street address
- 1390 Prospect
- County
- Los Angeles County
- Zip code
- 91766
- Community
- Pomona
- School district
- Pomona Unified
- Elevation
- 842 feet
Directions
East of the 71 Freeway. Cross Street is Phillips Blvd.
Property details
- Acreage
- 2.024 acres
- MLS #
- MRMLS CV26119618
- Posted
Parcels
- 8343018022
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Franchise
- Century 21 Real Estate
Lot
- View
- City, Hills, Valley
- Features
- 0-1 Unit/Acre, Front Yard, Value in Land, Yard
Exterior
- Parking
- Boat, Driveway, RV
- Fencing
- Chain Link
- Pool
- Porch
Structure
- Stories
- 1
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Central
- Cooling
- Central Air, Gas, Wall/Window Unit(s), Window Unit(s)
- Materials
- Stucco
- Roof
- Composition
Interior
- Rooms
- Basement, Bathroom, Bedroom x 2, Kitchen, Laundry Room
- Flooring
- Wood
- Appliances
- Gas Oven, Gas Range
- Features
- Attic Fan
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 12, 2026 | New listing | $1,675,000 | — | MRMLS |
