1433 S San Antonio Avenue, Pomona, California 91766, Pomona, 91766 - bed, bath

1433 S San Antonio Avenue, Pomona, California 91766 home-pic-0
ACTIVE$1,050,000$1,550/sqft
1433 S San Antonio Avenue, Pomona, California 91766
0Bed
0Bath
1,550Sqft
15,221Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Recent Renovation: The existing duplex has undergone a comprehensive remodel, including major systems (roof, electrical, plumbing, sewer), interior finishes (kitchen, baths, flooring, paint), and energy efficiency upgrades (windows, mini-split systems, tankless water heaters), minimizing immediate capital expenditures for a buyer.
Top Cons:
Development Contingency & Risk: The significant upside potential (5 additional units) is contingent on city approval of the submitted plans, which is not guaranteed and can involve unforeseen delays, costs, and regulatory hurdles.

Compared to the nearby listings

Price:$1.05M vs avg $752.5K (+$297,500)80%
Size:1,550 sqft vs avg 1,779 sqft40%
Price/sqft:$677 vs avg $44490%

More Insights

Built in 1953 (73 years old).
Condition: Despite being built in 1953, this duplex has undergone an extensive and recent renovation, making it virtually new. The description explicitly states 'fully remodeled' with a 'brand new roof, new windows, remodeled kitchen with new appliances, remodeled bathrooms, new sewer line, all new electrical with 2 200 amp panels, all new plumbing, new tankless water heaters, new mini split systems, new luxury vinyl flooring, new paint, and new doors.' The images confirm modern, clean aesthetics in the kitchen (grey shaker cabinets, new stainless steel appliances, light countertops), bathrooms (modern vanity, new fixtures, glass shower door), and throughout with new luxury vinyl flooring and recessed lighting. All major systems and finishes are new or virtually new, meeting current quality standards.
Year Built
1953
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$677
HOA
-
Days on market
-
Sold On
-
MLS number
PW25190021
Home ConditionExcellent
Features
View-

About this home

Fully remodeled duplex in prime location of Pomona. Ideal for an owner user or investor, this recently renovated duplex consists of 2 2 bedroom 1 bath units sitting on a lot of over 15,000 sq ft. 1 unit is tenant occupied paying market rent and 1 unit will be delivered vacant. Plans have been submitted to the city for an additional 5 more units to be built. The existing duplex has been extensively remodeled with a brand new roof, new windows, remodeled kitchen with new appliances, remodeled bathrooms, new sewer line, all new electrical with 2 200 amp panels, all new plumbing, new tankless water heaters, new mini split systems, new luxury vinyl flooring, new paint, and new doors. You can use the existing detached 2 car garage or rent it out for extra income. The expansive lot gives the owner many options to either build or keep for personal use. Perfect for an investor or a buyer seeking rental income while living in 1 unit.

K
Kevin Lee
Listing Agent
Condition Rating
Excellent

Despite being built in 1953, this duplex has undergone an extensive and recent renovation, making it virtually new. The description explicitly states 'fully remodeled' with a 'brand new roof, new windows, remodeled kitchen with new appliances, remodeled bathrooms, new sewer line, all new electrical with 2 200 amp panels, all new plumbing, new tankless water heaters, new mini split systems, new luxury vinyl flooring, new paint, and new doors.' The images confirm modern, clean aesthetics in the kitchen (grey shaker cabinets, new stainless steel appliances, light countertops), bathrooms (modern vanity, new fixtures, glass shower door), and throughout with new luxury vinyl flooring and recessed lighting. All major systems and finishes are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Extensive Recent Renovation: The existing duplex has undergone a comprehensive remodel, including major systems (roof, electrical, plumbing, sewer), interior finishes (kitchen, baths, flooring, paint), and energy efficiency upgrades (windows, mini-split systems, tankless water heaters), minimizing immediate capital expenditures for a buyer.
Significant Development Potential: Plans have already been submitted to the city for an additional 5 units, offering a clear path to substantial future income generation and property value appreciation on the expansive lot.
Expansive Lot Size: The over 15,000 sq ft lot provides ample space for the proposed additional units and offers flexibility for various uses, a rare and valuable asset for an income property.
Immediate Income & Owner-User Flexibility: With one unit tenant-occupied at market rent and the other delivered vacant, the property offers immediate rental income while also providing an option for an owner-user to live in one unit and collect rent from the other.
Prime Location: The property is situated in a 'prime location of Pomona,' which typically implies good access to amenities, transportation, and strong potential tenant demand.

Cons

Development Contingency & Risk: The significant upside potential (5 additional units) is contingent on city approval of the submitted plans, which is not guaranteed and can involve unforeseen delays, costs, and regulatory hurdles.
Limited Current Income vs. Potential: While generating income from two units, the current income stream is relatively modest compared to the property's future potential with 7 units, meaning a buyer needs to factor in the time and cost to realize the full income potential.
Older Original Construction: Despite extensive renovations, the property's original construction year of 1953 means the underlying structure is over 70 years old, which could imply potential for unforeseen issues or less efficient layouts not fully addressed by the recent remodel.
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