1064 Waters, Pomona, California 91766, Pomona, 91766 - 8 bed, 4 bath
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Pomona, California 91766
This Remodeled Quadruplex is a High-Potential Investment Opportunity, listed at $998,000—positioned well below the $1,157,391 Fair Market Value by 13%. This valuation gap provides $159,391 in Instant Equity. Featuring a Condition Rating of 3, the units boast Granite Kitchens, Central AC, and Private Backyards. Located in the Pomona Unified district, this asset offers a turnkey "house hack" to offset mortgage costs with rental income. It is a premier choice for Owner-Occupants or Buy-and-Hold Investors seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1064 Waters Subject | $998,000* List Price | 8 | 4 | 3,904 | $296 | - |
A 1031 Friar Lane Sold | $1,100,000 | 0 | 0 | 4,125 | $267 | 0.2 mi |
B 1337 Clovis Court Active | $1,100,000 List Price | 0 | 0 | 3,829 | $287 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone recent interior updates including new paint, granite countertops in the kitchen, and a combination of tile and laminate flooring. While the building was constructed in 1963, the units feature modern comforts such as central heating and air conditioning and in-unit laundry hookups. The overall condition is clean and well-maintained, fitting the criteria for a property that has been updated but not fully reconstructed to current new-build standards.
As a quadruplex, this property offers an excellent owner-user opportunity to live in one unit while renting out the other three to significantly offset mortgage costs and build equity.
The units have been beautifully remodeled with granite countertops, new paint, and a combination of tile and laminate flooring, providing a contemporary feel that attracts high-quality tenants.
Unlike many older multi-family builds, these units feature central heating and air conditioning, in-unit laundry hookups, and a large private backyard, enhancing resident comfort and lifestyle.
The property provides no garage or designated on-site parking, requiring residents to rely entirely on street parking, which can be a significant deterrent for many renters.
The current 'no pets allowed' policy may limit the pool of prospective tenants, potentially increasing vacancy time in a market where pet-friendly housing is in high demand.
Newly painted and beautifully remodeled 2-bedroom, 1-bath townhouse-style apartment located in a multi-unit property—perfect for an owner-user opportunity. Live in one unit while renting out the other three to generate income and help offset your mortgage. This bright and spacious unit features a large living room with tile flooring, laminate flooring in the bedrooms, and a hallway with extra-deep storage cabinets. The full bathroom is well-appointed, and the upgraded kitchen offers elegant granite countertops and ample cabinet space. Enjoy a generous dining area with a sliding glass door that opens to a huge private backyard—perfect for relaxing or entertaining. The unit also includes its own in-unit laundry hookups for added convenience. Additional features include central heating and air conditioning, a well-maintained front yard, and a very clean interior throughout. Please note: no pets allowed and no on-site parking or garage—street parking only. Tenants are responsible for gas, electricity, and water. Owner pays for trash service. Ideally located in Pomona, this property is close to schools, shopping, and easy freeway access—making it a great place to live and invest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 0.0 | 91% |
| Baths | 4.0 | 0.0 | 91% |
| Square foot | 3,904 | 1,986 | 73% |
| Lot Size | 12,838 | 7,339 | 82% |
| Price | $998.0K | $748.0K | 73% |
| Price per sq ft | $256 | $395 | 18% |
| Built year | 1963 | 1950 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 185 | 9% |
Apr 14, 2026
$998,000
Initial Listing
Aug 19, 2016
$689,000
Public Record
Nov 21, 2014
$620,000
Public Record
Nov 1, 2010
$410,000
Public Record
Mar 31, 2005
$608,000
Public Record
Jun 25, 2004
$463,000
Public Record