$1,440,000

Estimated payment $7,679/month

Total Views 6,723
4 Beds
-- Bath
1,550 Sq Ft
$929 Price per Sq Ft

Highlights

  • 0.35 Acre Lot
  • Floor Furnace
  • 1-Story Property

About This Home

Exceptional investment and redevelopment opportunity in the rapidly evolving Downtown Pomona corridor—a spacious duplex on an approximately 15,000 sq ft lot ( 0.34 acre) located just minutes from the newly opened LA Metro A Line (Pomona Station) connecting to Pasadena, DTLA, and Long Beach. Each residence features 2 bedrooms / 1 bath, fully rented and generating steady income while you prepare plans for a multi-unit infill project in one of the region’s most transit-accessible growth zones. According to the City of Pomona’s 2024 Zoning and Development Code, the site’s scale and location may support medium-density residential redevelopment—potentially 5 to 10 new units by right, with additional yield possible under California’s State Density Bonus Law or local transit-oriented overlays (buyer to verify with City Planning). The generous rectangular lot offers excellent frontage, flat topography, and convenient alley access, ideal for efficient site design and parking integration. Perfectly positioned near I-10, SR-71, SR-57, and SR-60 freeways, Western University of Health Sciences, and Pomona’s Art Colony & Antique District, this property sits at the intersection of long-term appreciation and immediate cash flow. The area benefits from major public investment in housing and mobility, including Metrolink and Foothill Transit connections within blocks. Highlights
• ~15,000 sq ft lot with two (2) existing 2 bed / 1 bath units – both leased
• Zoning context supports multi-unit redevelopment (buyer to confirm density, height, parking, setbacks)
• Near the LA Metro A Line extension (Sept 2025) – Pomona Station less than 1 mile away
• Strong commuter location with quick freeway and regional rail access
• Upside potential estimated at 5–10 units by right, or up to 12 with incentives
• Lot dimensions and topography favor efficient multifamily design

Listing Agent

Eric Whiting

THE WHITING CO REALTORS, INC. Brokerage Phone: 626-437-3371 License #01300575 Listed on: 10/15/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 0.35 Acre Lot
  • 1 Common Wall
  • Value in Land

Parking

  • 7 Parking Spaces

Home Design

  • Duplex
  • Entry on the 3rd floor

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Unit 1 Bathroom: 0

Utilities

  • Floor Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 3 / G
  • Assessor Parcel Number 8357002067
  • $580 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $1,250
  • Net Operating Income $30,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1250.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8357002067
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 3
  • Levels: One
  • Price Per Square Foot: 929.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 15315.00
  • Lot Size Acres: 0.3516
  • Latitude Manual: 34.06397300

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Scheduled Income: 38000.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 15315.0000 Square Feet
  • Net Operating Income: 30400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5600.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: G
  • Tax Lot: 3
  • Tax Tract Number: UNKNOWN
  • TaxOtherAnnualAssessmentAmount: 580.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $1,880 $110,965 $36,700 $74,265
2024 $1,880 $108,790 $35,981 $72,809
2023 $1,845 $106,658 $35,276 $71,382
2022 $1,813 $104,568 $34,585 $69,983
2021 $1,767 $102,518 $33,907 $68,611
2019 $1,790 $99,479 $32,902 $66,577
2018 $1,579 $97,529 $32,257 $65,272
2016 $1,482 $93,744 $31,005 $62,739
2015 $1,471 $92,337 $30,540 $61,797
2014 $1,479 $90,529 $29,942 $60,587
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $1,440,000 -- $929 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25228781

California Regional Multiple Listing Service (CRMLS)

APN: 8357-002-067