1406 Prospect Dr Pomona, CA 91766
Rio Rancho NeighborhoodEstimated payment $8,260/month
Highlights
- Parking available for a boat
- 0.94 Acre Lot
- Wood Flooring
- Golf Course Community
- Traditional Architecture
- Hiking Trails
About This Home
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926 | Remodeled
Lot Details
- 40,939 Sq Ft Lot
- 1 Common Wall
- Gentle Sloping Lot
- Front Yard
Parking
- 12 Open Parking Spaces
- 1 Car Garage
- 1 Carport Space
- Oversized Parking
- Parking Available
- Workshop in Garage
- Parking Deck
- Driveway
- Parking available for a boat
- RV Potential
- Assigned Parking
Home Design
- Triplex
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 2,040 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / 10
- Tax Tract Number 10
- Assessor Parcel Number 8343018008
- $1,524 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 3 Units
- Foothills
- Valley
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Park
- Hiking Trails
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,400
- Insurance Expense $4,000
- Operating Expense $6,400
- Gross Income $87,000
- Net Operating Income $75,000
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 |
|---|---|---|---|---|
| 2025 | $3,519 | $159,275 | $127,433 | $31,842 |
| 2024 | $3,224 | $156,153 | $124,935 | $31,218 |
| 2023 | $3,126 | $153,092 | $122,486 | $30,606 |
| 2022 | $3,030 | $150,091 | $120,085 | $30,006 |
| 2021 | $2,962 | $147,149 | $117,731 | $29,418 |
| 2020 | $2,953 | $145,641 | $116,524 | $29,117 |
| 2019 | $2,995 | $142,787 | $114,240 | $28,547 |
| 2018 | $2,476 | $139,988 | $112,000 | $27,988 |
| 2016 | $2,333 | $134,553 | $107,651 | $26,902 |
| 2015 | $2,317 | $132,532 | $106,034 | $26,498 |
| 2014 | $2,339 | $129,936 | $103,957 | $25,979 |
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 | $1,475,000 | +47.5% | $723 / Sq Ft | |
| 02/13/2026 02/13/26 | Sold | $1,000,000 | 0.0% | $490 / Sq Ft | View Prior Sale |
| 02/09/2026 02/09/26 | For Sale | $1,000,000 | -- | $490 / 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 | $1,000,000 | 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 | $750,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26119739
APN: 8343-018-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
- 1390 Prospect Dr
- 1609 Calatina Dr
- 1440 W Grand Ave
- 16 Sunset Ridge Cir
- 10 Bluff Point Cir
- 66 Hunter Point Rd
- 1335 S Hamilton Blvd
- 1701 Manor Cir
- 1274 Redwood View Dr
- 1082 Fremont St
- 1450 W 9th St
- 949 W Grand Ave
- 1059 W Grand Ave
- 1425 S White Ave Unit A
- 1413 S White Ave Unit A
- 1401 W 9th St Unit 61
- 1401 W 9th St Unit 103
- 1401 W 9th St Unit 148
- 1401 W 9th St Unit 59
- 1791 S Huntington St
- 968 W 12th St
- 1683 Meserve St Unit B
- 1512 W Mission Blvd
- 1782 Bainbridge St
- 1331 S Park Ave
- 9 Oakmont Ln
- 417 W Franklin Ave
- 177 N Myrtle Ave
- 1370 S Thomas St
- 2007 Baudin St
- 665 W 2nd St Unit 2
- 1 Spyglass Ave
- 76 Country Mile Rd
- 678 Del Rosa Place Unit D
- 1361 S Palomares St Unit 1361
- 655 N Dudley St
- 103 Cambria Ct
- 440 W Holt Ave Unit B
- 131 E 2nd St
- 24 Rock Cliff Place
Ask me questions while you tour the home.