
Pomona, California 91766
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well below the $632,916 Fair Market Value by 1%. This valuation gap offers $7,916 in Instant Equity. Featuring a Fair Condition Rating, the home includes critical infrastructure upgrades like new sewer and electrical systems. The large lot and detached garage provide significant upside for an ADU conversion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic improvements.
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, this 77-year-old home is dated and sold 'as-is,' requiring cosmetic updates to the kitchen and living areas. While key infrastructure like the sewer, pipes, and electrical box have been retrofitted and new carpet was installed, the reliance on window A/C units and the lack of a comprehensive modern renovation to the kitchen and bath place it in the fair category.
The spacious backyard and detached two-car garage offer significant potential for an ADU or garage conversion, providing a prime opportunity for rental income or multi-generational living.
The property has been retrofitted with updated pipes, underground sewer systems, and an updated electrical box, reducing the immediate need for costly major system repairs.
A generous 6,123 sqft lot featuring a long driveway and mature fruit trees provides excellent outdoor utility and privacy, which is highly desirable for the area.
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.
With three bedrooms but only one bathroom, the home's layout may be a challenge for larger families or buyers accustomed to modern convenience.
The property is sold in as-is condition and lacks central HVAC, relying on window A/C units and an exterior laundry area, which may require additional investment for modernization.
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