
Pomona, California 91766
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $625,000—positioned well below the $632,952 Fair Market Value by 1%. This valuation gap offers $7,952 in Instant Equity. Featuring a Fair Condition Rating, the property includes critical infrastructure upgrades like retrofitted pipes and an updated sewer system. With a spacious lot, detached garage, and ADU potential, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic cosmetic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1632 Meserve Subject | $625,000* List Price | 3 | 1 | 1,159 | $546 | - |
A 1642 Vejar Sold | $654,000 | 3 | 1 | 1,171 | $558 | 0.1 mi |
B 1683 Meserve Street Sold | $685,000 | 3 | 2 | 1,154 | $594 | 0.1 mi |
C 1815 W 9th Street Sold | $565,000 | 3 | 2 | 960 | $589 | 0.4 mi |
D 1990 Grier Street Sold | $642,500 | 3 | 1 | 960 | $669 | 0.8 mi |
E 1059 W Grand Avenue Sold | $715,000 | 3 | 2 | 1,520 | $470 | 0.8 mi |
F 1287 Redwood View Sold | $760,000 | 4 | 2 | 1,530 | $497 | 0.6 mi |
G 1656 Vejar Active Under Contract | $699,900 List Price | 3 | 2 | 1,232 | $568 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the property features a kitchen and bathroom that are significantly dated (30+ years). While the home benefits from important system updates including a newer electrical box, sewer lines, and plumbing, the lack of central HVAC and the 'as-is' condition of the interior living spaces place it in the Fair category, requiring cosmetic updates throughout.
The property features significant utility improvements, including retrofitted pipes, an updated underground sewer system, and a modernized outdoor electrical box with GFI updates.
The spacious backyard and detached two-car garage provide an excellent opportunity for an ADU or garage conversion, offering potential for multi-generational living or rental income.
A long driveway, mature fruit trees, and a generous lot size offer ample outdoor space and parking flexibility that is highly desirable for homeowners and investors alike.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6123, other record lot size in square feet = 6177.
The property is being sold in its current state, which likely requires additional capital investment for cosmetic updates or repairs to reach its full market potential.
With three bedrooms and only one bathroom, the home's layout may be less convenient for larger families or guests compared to modern residential standards.
Great opportunity to own this Single-Story 3-Bedroom, 1 bath home featuring a long driveway, detached two-car garage, and a spacious backyard with mature fruit trees. The inviting living room offers a cozy fireplace while the generously sized eat-in kitchen provides plenty of space for everyday living and entertaining. Additional features include exterior laundry area, window A/C units, property has been retrofitted thru City (Buyer to Research exact extent of upgrades) to up date pipes & Underground Sewer systems & Outdoor Electrical box updated & GFI updates, new carpet just installed in Bedrooms. The property is being sold in as-is condition and offers excellent potential for homeowner, investor or buyer looking to add their own personal touches. Room for ADU or Garage conversion for potential generated Rental Income
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,159 | 1,361.806 |
| Lot Size | 6,123 | 6,858.748 |
| Price | $625.0K | $695.4K |
| Price per sq ft | $539 | $515 |
| Built year | 1947 | 1956 |
| HOA | $0 | $223 |
| Days on market | 5 | 61 |
Sep 5, 2026
$625,000
Initial Listing
Sep 4, 2026
$599,900
Initial Listing