115 S Myrtle Avenue, Pomona, California 91766, Pomona, 91766 - 2 bed, 2 bath
ACTIVE$690,000
115 S Myrtle Avenue, Pomona, California 91766
2Beds
2Baths
788Sqft
7,594Lot
Price Vs. Estimate
The estimated value ($546,339.385) is $143,660.615 (20%) lower than the list price ($690,000). This property may be overpriced.
Key pros and cons
Top Pros:
Development Potential: The city has confirmed that 12 units can be built on this parcel, presenting a significant development opportunity for investors or builders.
Top Cons:
Small Living Space: The existing home is relatively small at 788 sqft, which may not appeal to buyers seeking more spacious living areas.
Compared to the nearby listings
Price:$690.0K vs avg $690.0K (+$0)50%
Size:788 sqft vs avg 1,383 sqft7%
Price/sqft:$876 vs avg $49998%
More Insights
Built in 1895 (130 years old).
Condition: The property was built in 1895 and the images show significant wear and tear. The kitchen and bathrooms appear outdated and in need of substantial repairs. Given the age and visible condition, it requires significant rehabilitation.
Year Built
1895
Close
-
List price
$690K
Original List price
$690K
Price/Sqft
$876
HOA
-
Days on market
-
Sold On
-
MLS number
DW24185773
Home ConditionPoor
Features
View-
About this home
Great Opportunity in Pomona! This is your opportunity to create that forever home you always dreamed of! This single level home features 2-bedrooms, 2-bathroom, 788 sqft on a 7,594 sqft lot. City confirmed 12 UNITS can be built on this parcel!! this home is Close to schools, parks, shopping, and restaurants! Must see, tons of potential! (SUBJECT PROPERTY IS THE WHITE RECTANGLE) OTHERS AVAILABLE FOR SALE AS WELL
Condition Rating
Poor
The property was built in 1895 and the images show significant wear and tear. The kitchen and bathrooms appear outdated and in need of substantial repairs. Given the age and visible condition, it requires significant rehabilitation.
Pros & Cons
Pros
Development Potential: The city has confirmed that 12 units can be built on this parcel, presenting a significant development opportunity for investors or builders.
Large Lot Size: The property features a sizable 7,594 sqft lot, offering ample space for potential expansion or development.
Prime Location: Located close to schools, parks, shopping, and restaurants, providing convenient access to essential amenities.
Cons
Small Living Space: The existing home is relatively small at 788 sqft, which may not appeal to buyers seeking more spacious living areas.
Age of Property: Built in 1895, the property may require significant renovations or upgrades to meet modern standards and address potential maintenance issues.