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1390 Prospect

Pomona, CA 91766
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Bed 2

Bed

Bath 1

Bath

SqFt1,455

Sqft

SqFt88,182

Sqft(Lot)

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 in terior, 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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,675,000

AD Id : 83739177

MLS Id : CV26119618

Beds : 2

Lot Size : 88,182 Sqft

Living Area Size : 1,455

Year Built : 1927

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Composition Interior Features: Breakfast Bar,Separate/Formal Dining Room,Eat-in Kitchen,All Bedrooms Down,Attic,Main Level Primary Property Appliances: Gas Oven,Gas Range Fireplace: None Flooring: Wood
  • Cooling Features

    Central Air,Gas,Wall/Window Unit(s),Attic Fan Air Conditioning

    Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1927 Construction: Stucco Roof: Composition Has Basement
  • Pool Features

    In Ground,Private

    Laundry Features

    Inside

    Patio And Porch

    Front Porch

    Fencing

    Chain Link,Wood

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 2.0244
  • Lot Size Source: Assessor Lot Size Square Feet: 88182

  • Listing Price Information

    Original List Price: 1,675,000 Listing Contract Date: 2026-06-11
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 8343018022

  • Garage and Parking

    Garage Description: Boat,Driveway,RV Potential

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 687 - Pomona Directions: East of the 71 Freeway. Cross Street is Phillips Blvd. Source Property Type: Residential Area: 687 - Pomona Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 99 Common Walls: No Common Walls Property Condition: Updated/Remodeled Structure Type: Single Family Residence Year Built Source: Assessor Total Square Feet Living: 1455 Entry Level: 1 Entry Location: 1 Levels or Stories: One Building Total Stories: 1 Structure Type: House
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
891 E 6th Street, Pomona, CA, 91766 $949,900 6 3 1,996 1,996 SqFt
891 E 6th Street, Pomona, CA, 91766 $949,900 6 -- 1,996 1,996 SqFt
1430 Girona Drive, Pomona, CA, 91766 $774,900 4 3 1,845 1,845 SqFt
2416 Stanford Avenue, Pomona, CA, 91766 $699,999 4 2 1,176 1,176 SqFt
604 E Mission, Pomona, CA, 91766 $499,500 4 1 2,197 2,197 SqFt
101 W Mission #312, Pomona, CA, 91766 $409,990 -- -- 1,189 1,189 SqFt
988 S Garey, Pomona, CA, 91766 $880,000 8 6 3,121 3,121 SqFt
1383 S Garey Avenue, Pomona, CA, 91766 $558,000 3 3 1,400 1,400 SqFt
484 Philadelphia, Pomona, CA, 91766 $679,000 3 2 1,050 1,050 SqFt
333 West Grand Avenue, Pomona, CA, 91766 $639,000 3 1 1,520 1,520 SqFt

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ByOwner last updated this listing 06/15/2026 @ 17:22

MLS: CV26119618 LISTED BY: Albert Rodriguez, CENTURY 21 CITRUS REALTY INC 909-592-8500 SOURCE: CRMLS

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