
Pomona, California 91766
This property presents a High-Potential Investment Opportunity with a List Price of $828,000—positioned above the $715,898 Fair Market Value. While the current list price exceeds the estimated value, the Zoning R2 designation on an expansive 19,500 square foot lot provides significant long-term development upside. With a Condition Rating of 6, the existing structure requires modernization, making it a strategic acquisition for those prioritizing land utility over current finishes. This asset is best suited for Real Estate Developers or Buy-and-Hold Investors focused on multi-unit expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1420 W 11th Street Subject | $828,000* List Price | 4 | 2 | 1,640 | $437 | - |
A 1768 Wright Street Sold | $775,000 | 4 | 2 | 1,444 | $537 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1955 (>50 years) with no recorded renovations. The property is marketed specifically to investors and developers as a 'prime investment opportunity' to 'build your dreams' on a large R2 lot, indicating the value lies in the land rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19500, living area = 1640.
The property is zoned R2 on an expansive 19,500 square foot lot, offering significant opportunities for multi-unit development or the addition of multiple ADUs.
At nearly half an acre, the oversized lot is a rare find in this area, providing ample space for expansion, privacy, or large-scale outdoor amenities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1955 and marketed specifically as an investment opportunity, the home likely requires significant modernization or structural updates to meet current market standards.
The property lacks any significant views, which may limit its appeal to owner-occupiers seeking aesthetic surroundings compared to other hillside or elevated lots in the region.
Investors Investors Investors!!! A prime investment opportunity for this wonderful home set on a lot of approximately 19,000 square feet tucked away in a quiet area of Pomona, with huge potential for growth. Whether you're an investor, developer, or looking to move in, this can be your opportunity to build your dreams on this R2 property. Ralph Welch Park is just one block away with the 71 and 60 freeways conveniently located nearby. Don’t miss the chance to take advantage of this outstanding piece of Pomona real estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,640 | 1,444 | 59% |
| Lot Size | 19,500 | 7,109 | 91% |
| Price | $828.0K | $715.0K | 68% |
| Price per sq ft | $505 | $486 | 57% |
| Built year | 1955 | 1972 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 152 | 1% |
May 14, 2026
$828,000
Initial Listing
Mar 14, 2016
$372,000
Public Record