1242 W Orange Grove, Pomona, California 91768, Pomona, 91768 - bed, bath
1242 W Orange Grove
Pomona, California 91768
Property Price
SUMMARY
Analysis of 1242 W Orange Grove, Pomona, California 91768 is currently available with a list price of $799,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Pomona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a 1957 duplex that has been well-maintained but remains largely in an outdated condition. While the roofs were replaced in 2018 and the flooring has been updated to laminate and tile, the kitchens and bathrooms feature older cabinetry and fixtures. The reliance on wall furnaces for heating and the lack of central cooling further reflect its aged status. It is functional and tenant-occupied, but requires modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The property was recently rezoned to Neighborhood Edge District 3, allowing for up to 9 units on the large 14,129 sqft lot without a public hearing, offering massive value-add potential for investors.
- Recent Capital Improvements
Key maintenance items have been addressed, including full roof replacements in 2018, recent roof servicing, and professional tree trimming, reducing immediate deferred maintenance costs.
- Favorable Operational Setup
The duplex features separate gas and electric meters and long-term tenants on month-to-month leases, providing immediate cash flow with the flexibility to adjust rents to market rates or redevelop.
CONSRISKS & DEFICIENCIES
- Dated Climate Control
The units utilize wall furnaces for heating and lack a central cooling system, which may impact tenant comfort and limit the ability to achieve premium market rents.
- Lack of Included Amenities
All appliances currently belong to the tenants, meaning a new owner will face additional capital expenditures to furnish the units with refrigerators or stoves upon future vacancies.
About 1242 W Orange Grove
Great Lot with many possibilities - Pomona rezoned in July 2024 This is called the Neighborhood Edge District 3 zoning district. You can put up to 9 units on this lot with out public hearing per city planning dept. - (Buyer to check with city) - This has been a long term rental with great tenants for many years - Tenants are month to month - These units have been well kept with big front and back yards - Roofs were replaced in 2018 - also owners just had tree's trimmed and roof maintenance done - Inside the flooring is laminate and tile - wall furnaces - all appliances belong to tenants - Each unit has 1 car garage plus a lot of room for extra parking - close to freeways, public transportation, parks and schools. 1240 is the front house and 1242 is the back house. They are on seperate electric and gas meters. Rent increases of 5% for 2026 have not been applied yet.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1957
- Lot Size
- 14,129 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,443 | 1,722 | 40% |
| Lot Size | 14,129 | 14,129 | 50% |
| Price | $799.9K | $799.9K | 50% |
| Price per sq ft | $554 | $427 | 60% |
| Built year | 1957 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 140 | 20% |
Pricing History
Listed for Sale
Mar 1, 2026
$799,900
Initial Listing