1390 Prospect Pomona, CA 91766
Listing Courtesy of: CRMLS / Listed By: Albert Rodriguez, Century 21 Citrus Realty - Contact:  626-255-4854

  1390 Prospect Pomona, CA 91766

Active (2 Days)
$1,675,000 (USD)
2
BED
1
BATH
1,455
SQFT

Description

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.

MLS #:
CV26119618
Lot Size
2.02 acres
Type
Single-Family Home
Year Built
1927
Style
Traditional
Views
City Lights, Hills, Neighborhood, Valley, Mountain(s)
School District
Pomona Unified
County
Los Angeles County

Listed By

Albert Rodriguez, Century 21 Citrus Realty, Contact: 626-255-4854
Source
CRMLS
Last checked Jun 13 2026 at 1:15 PM GMT+0000
Bathroom Details
  • Full Bathroom: 1
Interior Features
  • Laundry: Inside
  • All Bedrooms Down
  • Attic
  • Gas Oven
  • Gas Range
  • Main Level Primary
  • Separate/Formal Dining Room
  • Breakfast Bar
Lot Information
  • Front Yard
  • Yard
  • Value In Land
Heating and Cooling
  • Central
  • Attic Fan
  • Gas
  • Central Air
  • Wall/Window Unit(s)
Pool Information
  • Private
  • In Ground
Flooring
  • Wood
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Sewer Connected, Electricity Connected, Natural Gas Connected, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Driveway
  • Boat
Stories
  • 1
Living Area
  • 1,455 sqft
Additional Information: Citrus Realty | 626-255-4854
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {6/13/26 06:15} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.