1330 S Reservoir Street, Pomona, California 91766, Pomona, 91766 - 0 bed, 0 bath
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Pomona, California 91766
This Prime Investment Opportunity is a Residential Income Triplex listed at $949,000, positioned well below the $980,200 Fair Market Value by 3%. This valuation gap offers $31,200 in Instant Equity. Featuring a Turn-Key Condition Rating with recent HVAC and interior updates, the property provides immediate cash flow through three leased units and an additional commercial lease. This asset is ideal for Buy-and-Hold Investors or passive income seekers prioritizing stability and minimal capital expenditure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1330 S Reservoir Street Subject | $949,000* List Price | 0 | 0 | 1,870 | $524 | - |
A 1330 S Reservoir Street Active | $975,000 List Price | 0 | 0 | 1,870 | $521 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1957, the property has undergone a recent comprehensive remodel (within <5 years) including new flooring, updated bathrooms, and the installation of new mini-split HVAC systems. The interior is in turn-key condition, meeting the criteria for a recent renovation with no immediate maintenance required.
All three units have been recently updated with new flooring, bathrooms, and HVAC systems, minimizing immediate maintenance costs and capital expenditure for new ownership.
In addition to three fully leased residential units, the property generates extra income by leasing space to the adjacent business, maximizing the potential return on investment.
The entire property is gated for tenant security and includes individual garages for each unit, a highly desirable feature in the Pomona market that aids in tenant retention.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8640, other record lot size in square feet = 9191.
With a total of 1,870 square feet across three units, the individual living spaces are relatively small, which may limit the appeal for tenants seeking more spacious accommodations.
The listing price of $949,000 represents a significant appreciation from the 2022 sale price of $765,000, which may challenge the cap rate expectations for some investors.
3 Unit Triplex Apartment conveniently located minutes from the 60Hwy. All 3 units were recently remodeled and updated with new flooring, new bathrooms and New HVAC. Each unit has a garage. Entire property is gated for security. There are a total of 4 tenants... all 3 unit are leased and part of the property is leased to the business next door. Property is turn-key and perfect for an investor to continue collecting rent.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,870 | 1,658 |
| Lot Size | 8,640 | 4,936 |
| Price | $949.0K | $753.4K |
| Price per sq ft | $507 | $356 |
| Built year | 1957 | 1938 |
| HOA | $0 | $0 |
| Days on market | 21 | 74 |
Jul 1, 2026
$949,000
Initial Listing
Mar 16, 2022
$765,000
Public Record
Jun 11, 2018
$525,000
Public Record