1423 S Hamilton Boulevard 1425, Pomona, California 91766, Pomona, 91766 - bed, bath
ACTIVE$1,049,741$1,746/sqft
1423 S Hamilton Boulevard 1425, Pomona, California 91766
0Bed
0Bath
1,746Sqft
11,943Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: This property is a well-maintained duplex, offering two 3-bedroom, 2-bathroom units, making it an ideal choice for investors or owner-occupants seeking rental income.
Top Cons:
Age of Property: Built in 1959, the property's underlying systems (e.g., plumbing, electrical, HVAC) may still be original or require significant updates beyond the recently mentioned cosmetic and structural upgrades.
Compared to the nearby listings
Price:$1.05M vs avg $752.5K (+$297,241)80%
Size:1,746 sqft vs avg 1,779 sqft40%
Price/sqft:$601 vs avg $44480%
More Insights
Built in 1959 (67 years old).
Condition: Built in 1959, this property has received beneficial exterior upgrades including a new roof, windows, and driveway. However, the interior, particularly the kitchen and bathrooms, are significantly outdated. The kitchen features older white appliances, laminate countertops, light wood cabinets, and linoleum flooring. Bathrooms show dated vanities, fixtures, and tile. While functional and well-maintained, the interior requires substantial cosmetic updates to meet current styles and standards.
Year Built
1959
Close
-
List price
$1.05M
Original List price
$999K
Price/Sqft
$601
HOA
-
Days on market
-
Sold On
-
MLS number
DW25036608
Home ConditionFair
Features
Good View:
View-
About this home
Fantastic opportunity in the city of Pomona! This well-maintained duplex is in a prime location, conveniently near the 71, 10, 60, and 15 freeways. It’s an ideal choice for a family looking to live in one unit while renting out the other or for an investor seeking a great income property. Each unit features 3 bedrooms and 2 bathrooms, with tenants currently on a month-to-month lease. The property has seen several upgrades, including a new driveway, roof, and windows, etc.
M
Manuel Meraz
Listing Agent
Condition Rating
Fair
Built in 1959, this property has received beneficial exterior upgrades including a new roof, windows, and driveway. However, the interior, particularly the kitchen and bathrooms, are significantly outdated. The kitchen features older white appliances, laminate countertops, light wood cabinets, and linoleum flooring. Bathrooms show dated vanities, fixtures, and tile. While functional and well-maintained, the interior requires substantial cosmetic updates to meet current styles and standards.
Pros & Cons
Pros
Income-Generating Duplex: This property is a well-maintained duplex, offering two 3-bedroom, 2-bathroom units, making it an ideal choice for investors or owner-occupants seeking rental income.
Strategic Freeway Access: The property boasts a prime location with convenient access to major freeways (71, 10, 60, and 15), enhancing its appeal for commuters and potential tenants.
Recent Capital Upgrades: Significant upgrades including a new driveway, roof, and windows have been completed, reducing immediate capital expenditure for a new owner and adding value.
Established Rental Income: Both units are currently tenant-occupied on month-to-month leases, providing immediate cash flow and flexibility for a new owner.
Generous Lot Size: The property sits on a substantial 11,943 sqft lot, offering ample outdoor space or potential for future landscaping or development (subject to zoning).
Cons
Age of Property: Built in 1959, the property's underlying systems (e.g., plumbing, electrical, HVAC) may still be original or require significant updates beyond the recently mentioned cosmetic and structural upgrades.
Vague Upgrade Scope: The description mentions 'new driveway, roof, and windows, etc.' The 'etc.' is non-specific, leaving potential buyers to speculate about the extent of other crucial upgrades or the condition of unmentioned components.
Month-to-Month Lease Volatility: While offering flexibility, month-to-month leases can lead to unpredictable tenant turnover, potentially resulting in vacancy periods and lost income for a new owner.