1330 S Reservoir Street, Pomona, California 91766, Pomona, 91766 - bed, bath
ACTIVE$1,050,000$1,870/sqft
1330 S Reservoir Street, Pomona, California 91766
0Bed
0Bath
1,870Sqft
8,640Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Turn-key Investment: The property is fully occupied with four tenants (three residential, one commercial), providing immediate and diversified income streams for an investor.
Top Cons:
Age of Underlying Structure: Built in 1957, despite recent unit remodels, the property's age may indicate older foundational systems (e.g., plumbing, electrical outside of unit updates) that could require future maintenance or upgrades.
Compared to the nearby listings
Price:$1.05M vs avg $752.5K (+$297,500)80%
Size:1,870 sqft vs avg 1,831 sqft50%
Price/sqft:$561 vs avg $44470%
More Insights
Built in 1957 (69 years old).
Condition: Despite being built in 1957, the property's three units have undergone extensive recent renovations, including new flooring, updated bathrooms with modern tiling and glass enclosures, and new HVAC systems (mini-splits visible). The interiors are freshly painted and appear virtually new, making them move-in ready with no deferred maintenance. The kitchens, while basic with white cabinets and dark countertops, are clean and functional, fitting the 'recently remodeled' description for rental units.
Year Built
1957
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$561
HOA
-
Days on market
-
Sold On
-
MLS number
OC25104896
Home ConditionExcellent
Features
View-
About this home
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... each unit is 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.
K
Kenny Wu
Listing Agent
Condition Rating
Excellent
Despite being built in 1957, the property's three units have undergone extensive recent renovations, including new flooring, updated bathrooms with modern tiling and glass enclosures, and new HVAC systems (mini-splits visible). The interiors are freshly painted and appear virtually new, making them move-in ready with no deferred maintenance. The kitchens, while basic with white cabinets and dark countertops, are clean and functional, fitting the 'recently remodeled' description for rental units.
Pros & Cons
Pros
Turn-key Investment: The property is fully occupied with four tenants (three residential, one commercial), providing immediate and diversified income streams for an investor.
Extensive Recent Renovations: All three units have been recently updated with new flooring, bathrooms, and HVAC systems, significantly reducing immediate capital expenditure for a new owner.
Individual Garages: Each residential unit includes a dedicated garage, a highly desirable amenity that enhances tenant appeal and retention.
Enhanced Property Security: The entire property is gated, offering an added layer of security and privacy for residents and the asset.
Strategic Accessibility: Conveniently located minutes from the 60 Freeway, ensuring excellent transportation access for tenants and potential for future appreciation.
Cons
Age of Underlying Structure: Built in 1957, despite recent unit remodels, the property's age may indicate older foundational systems (e.g., plumbing, electrical outside of unit updates) that could require future maintenance or upgrades.
Undisclosed Commercial Lease Details: The description mentions a lease to a 'business next door' without providing specifics on terms, space allocated, or duration, necessitating further due diligence for a clear financial picture.
Potential Rent Control Implications: As an income property in California, it may be subject to local rent control regulations, which could limit future rent increases and impact long-term investment yield.