1390 Prospect Dr Pomona, CA 91766
Rio Rancho NeighborhoodEstimated payment $9,671/month
Highlights
- Parking available for a boat
- City Lights View
- 2.02 Acre Lot
- In Ground Pool
- Updated Kitchen
- Maid or Guest Quarters
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.
Listing Agent
CENTURY 21 CITRUS REALTY INC Brokerage Phone: 626-255-4854 License #01250095 Listed on: 06/11/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1927 | Remodeled
Lot Details
- 2.02 Acre Lot
- Wood Fence
- Chain Link Fence
- Private Yard
- Front Yard
- Density is up to 1 Unit/Acre
- Value in Land
Property Views
- City Lights
- Mountain
- Hills
- Valley
- Neighborhood
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Composition Roof
- Stucco
Interior Spaces
- 1,455 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Wood Flooring
- Attic Fan
- Laundry Room
- Basement
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Gas Range
- Granite Countertops
- Tile Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Remodeled Bathroom
- Maid or Guest Quarters
- 1 Full Bathroom
Parking
- Parking Available
- Driveway
- Parking available for a boat
- RV Potential
Outdoor Features
- In Ground Pool
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Cooling System Powered By Gas
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 5 / 10
- Tax Tract Number 4030003
- Assessor Parcel Number 8343018022
- $854 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Foothills
Amenities
- Laundry Facilities
Recreation
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,622 | $306,993 | $267,030 | $39,963 |
| 2025 | $4,622 | $300,975 | $261,795 | $39,180 |
| 2024 | $4,218 | $295,074 | $256,662 | $38,412 |
| 2023 | $4,093 | $289,289 | $251,630 | $37,659 |
| 2022 | $3,984 | $283,618 | $246,697 | $36,921 |
| 2021 | $3,894 | $278,058 | $241,860 | $36,198 |
| 2019 | $3,972 | $269,813 | $234,688 | $35,125 |
| 2018 | $3,586 | $264,524 | $230,087 | $34,437 |
| 2016 | $3,368 | $254,253 | $221,153 | $33,100 |
| 2015 | $3,340 | $250,435 | $217,832 | $32,603 |
| 2014 | $3,362 | $245,530 | $213,565 | $31,965 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2026 06/11/26 | For Sale | $1,675,000 | +123.3% | $1,151 / Sq Ft | |
| 02/13/2026 02/13/26 | Sold | $750,000 | 0.0% | $515 / Sq Ft | View Prior Sale |
| 02/09/2026 02/09/26 | For Sale | $750,000 | -- | $515 / Sq Ft | |
| 02/07/2026 02/07/26 | Pending | -- | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | First American Title Company | |
| Grant Deed | $750,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Gift Deed | -- | Southland Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $562,500 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26119618
APN: 8343-018-022
- 1406 Prospect Dr
- 1609 Calatina Dr
- 16 Sunset Ridge Cir
- 10 Bluff Point Cir
- 1719 Calatina Dr
- 1082 Fremont St
- 1450 W 9th St
- 949 W Grand Ave
- 1669 W Phillips Dr
- 1720 S Hamilton Blvd
- 1737 Waters Ave
- 1647 S Huntington St
- 6 Blacksmith Cir
- 1425 S White Ave Unit A
- 1401 W 9th St Unit 103
- 1401 W 9th St Unit 148
- 32 Rising Hill Rd
- 1632 Meserve St
- 1791 S Huntington St
- 921 W Grand Ave
- 1416 Prospect Dr
- 1234 W 8th St
- 1425 S White Ave Unit B
- 1512 W Mission Blvd
- 1473 S Rebecca St
- 1371 S Park Ave Unit C
- 844 Mayfair Ave
- 650 W Grand Ave
- 920 Spadra Ave
- 1063-1067 S Park Ave Unit 1063
- 652 E Fourth St
- 33 Chaparral Dr
- 417 W Franklin Ave
- 685 W Mission Blvd
- 591 W Monterey Ave
- 19 Rolling Ridge Dr
- 15 Brookline Way
- 585 N Dudley St
- 3 Carriage Way
- 655 N Dudley St
Ask me questions while you tour the home.