1435 Elwood Street, Pomona, California 91768, Pomona, 91768 - 3 bed, 2 bath
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Pomona, California 91768
This property presents a High-Potential Investment Opportunity with a List Price of $685,000—positioned well below the $673,540 Fair Market Value (Note: Market is currently priced at a premium). Featuring a Fair Condition Rating with recent system upgrades including a new roof and HVAC, the massive 11,970 sqft lot offers significant ADU & Expansion Potential. With over 1,100 sqft of garage space, this asset is uniquely suited for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the largest lot in the area for long-term value creation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1435 Elwood Street Subject | $685,000* List Price | 3 | 2 | 1,137 | $592 | - |
A 1315 Hillside Sold | $690,000 | 3 | 2 | 1,318 | $524 | 0.4 mi |
B 1204 Hillside Sold | $725,000 | 3 | 2 | 1,318 | $550 | 0.4 mi |
C 1711 Glenpark Street Sold | $702,000 | 3 | 1 | 1,218 | $576 | 0.4 mi |
D 989 Ashport Sold | $640,000 | 3 | 1 | 1,128 | $567 | 0.5 mi |
E 1071 Breon Sold | $642,000 | 3 | 1 | 1,128 | $569 | 0.5 mi |
F 1003 Corinthian Way Sold | $679,900 | 4 | 2 | 1,413 | $481 | 0.3 mi |
G 1263 Douglass Active | $823,000 List Price | 3 | 2 | 1,488 | $553 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property was built in 1962 and shows significant cosmetic wear and clutter, it avoids a 'poor' rating due to critical system updates including a recently replaced roof, a 3-year-old HVAC system, and updated bathroom fixtures. It is a classic 'fixer' that is functional but dated, requiring minor repairs and aesthetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11970, living area = 1137.
The massive 11,970 sqft lot—the largest in the area—features two detached garages and a 675 sqft bonus area, offering significant potential for ADU conversion or property expansion.
The property boasts a recently replaced roof, a 3-year-old HVAC system, and new appliances, providing a solid structural foundation and reducing immediate capital expenditure for major repairs.
The home is sold in as-is condition and requires 'TLC,' which may necessitate additional investment for cosmetic or functional updates to reach its full market potential.
At 1,137 sqft, the main residence is relatively small compared to the lot size, which may feel restrictive for larger families without further expansion of the living quarters.
Motivated Seller. Prime Location! Exceptional opportunity for both owner-occupants and (ONLY SERIOUS) investors! This charming 3-bedroom, 2-bath single-family home has been lovingly held by the same owner for decades and is now ready for its next chapter. Property includes 2 garages, 1 +/-400 sf, 1 is +/-750 sf; in addition to a bonus area attached to the rear garage with approx. 675 sf with potential use as a "man cave" or conversion to ADU (buyer to verify). Each of the improvements were present when the seller purchased the property more than 26 years ago. Property is priced right. Largest lot in the area, improved with Avocado, Lemon, Lime and Orange trees producing abundant fruit. One of the lowest price homes in the area. Featuring a recently replaced roof, along with new appliances, 3 year old HVAC, and updated bathroom fixtures, the home offers a solid foundation with room to add your personal touch. With just a bit of TLC, this property presents tremendous upside potential. Situated on a huge lot (with ADU or expansion possibilities), the property provides abundant paved parking ideal for RVs, multiple vehicles, boats, jet skis, and more. A rare find with space for all your lifestyle needs. Ideally located adjacent to the prestigious Ganesha Hills area, and just minutes from Bonelli Park and the LA County Fairgrounds. Enjoy convenient access to the I-10 freeway, connecting you easily to surrounding Inland Empire communities. Close to shopping, dining, and public transportation. Property to be sold AS-IS and will be delivered vacant. Don't miss this incredible opportunity to create value in a highly desirable and centrally located neighborhood!" DO NOT DISTURB OCCUPANTS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,137 | 1,200 | 41% |
| Lot Size | 11,970 | 6,293.5 | 93% |
| Price | $685.0K | $658.5K | 61% |
| Price per sq ft | $602 | $542 | 80% |
| Built year | 1962 | 1954 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 149 | 11% |
Apr 24, 2026
$685,000
Initial Listing
Nov 15, 1999
$135,000
Public Record