1122 Reggio Place, Pomona, California 91766, Pomona, 91766 - 4 bed, 2 bath
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1122 Reggio Place
Pomona, California 91766
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,530Sq Ft
7,237Lot Size
Property Price
LIST PRICE$639,000
EST. MARKET VALUE
$677,829
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $639,000—positioned well below the $677,829 Fair Market Value by 5%. This valuation gap offers $38,829 in Instant Equity for buyers. Featuring a Condition Rating of 4, this probate sale requires cosmetic updates, yet offers a functional layout on a large 7,237 sqft lot with a scenic hillside backdrop. Ideal for Buy-and-Hold Investors or Owner-Occupants, this home provides significant potential for forced appreciation in the desirable Phillips Ranch area.
Estimated Market Value
$677,829+$38,829 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pomona.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1122 Reggio Place Subject | $639,000* List Price | 4 | 2 | 1,530 | $443 | - |
A 1287 Redwood View Sold | $760,000 | 4 | 2 | 1,530 | $497 | 0.4 mi |
B 1669 W Phillips Drive Active | $775,000 List Price | 4 | 2 | 1,530 | $507 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979 (45 years old), this property is described as a 'light fixer' and a probate sale. While the layout is functional, the age and description suggest dated interiors and original systems that require cosmetic updates and minor repairs. Exterior photos show deferred maintenance, specifically with the landscaping.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7237, living area = 1530.
- Prime Location & Setting
Situated on a quiet cul-de-sac in the desirable Phillips Ranch area, the property features a scenic hillside backdrop and a peaceful residential atmosphere.
- Significant Equity Potential
As a probate sale and 'light fixer,' this home offers a prime opportunity for investors or handy homeowners to build equity through personalized updates and renovations.
CONSRISKS & DEFICIENCIES
- Required Renovations
The property is marketed as a fixer-upper, meaning buyers should budget for immediate repairs and cosmetic upgrades to bring the home to modern standards.
- Average School Ratings
The local high schools carry lower performance ratings (3 and 4), which may be a consideration for families prioritizing top-tier educational districts.
About 1122 Reggio Place
Probate Sale. Great opportunity to bring your vision to this 4-bedroom, 2-bath home located on a quiet cul-de-sac in the Phillips Ranch area of Pomona. Offering approximately 1,530 square feet of living space, this light fixer has a comfortable and functional floor plan with a spacious living room, separate family room, and plenty of room to update and personalize over time. The home sits along a peaceful residential street with a beautiful hillside backdrop at the end of the cul-de-sac, giving the setting a more open and scenic feel. The large backyard offers plenty of usable outdoor space along with a covered patio, ideal for entertaining, relaxing, or creating your own outdoor retreat. Additional features include four well-sized bedrooms, two bathrooms, and an attached two-car garage. With a functional layout, generous indoor and outdoor space, and strong potential for improvement, this is an excellent opportunity for a buyer looking to make a home their own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 7,237 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pomona Unified Schools
Westmont Elementary School
Grades PK-6 • 0.2 mi
5/10
Ganesha High School
Grades 9-12 • 1.3 mi
3/10
Fremont Academy Of Engineering And Design
Grades 7-12 • 1.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,530 | 1,361.806 |
| Lot Size | 7,237 | 6,858.748 |
| Price | $639.0K | $695.4K |
| Price per sq ft | $418 | $515 |
| Built year | 1979 | 1956 |
| HOA | $0 | $223 |
| Days on market | 14 | 61 |
Pricing History
Listed for Sale
Aug 26, 2026
$639,000
Initial Listing
Sold
Sep 20, 1990
$19,000
Public Record