1683 Meserve Street, Pomona, California 91766, Pomona, 91766 - 3 bed, 2 bath

1683 Meserve Street, Pomona, California 91766 home-pic-0
ACTIVE$685,000$1,154/sqft
Est. Value: $604,652
-11%
AboveEstimate
1683 Meserve Street, Pomona, California 91766
3Beds
2Baths
1,154Sqft
7,275Lot

Price Vs. Estimate

The estimated value ($604,652.11) is $80,347.89 (11%) lower than the list price ($685,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7275, living area = 1154.
Top Cons:
Unpermitted Accessory Units: The critical disclosure that the two accessory units 'do not appear to be permitted' presents significant legal, financial, and regulatory risks, requiring buyer verification and potential remediation.

Compared to the nearby listings

Price:$685.0K vs avg $725.0K ($-40,000)35%
Size:1,154 sqft vs avg 1,516 sqft32%
Price/sqft:$594 vs avg $49277%

More Insights

Built in 1947 (79 years old).
Condition: Built in 1947, the main residence shows signs of age with dated tile flooring, older kitchen cabinets and appliances (excluding the refrigerator), and a visible window AC unit, suggesting outdated or absent central cooling. While functional, the main bathrooms are basic and not modern. Crucially, the property includes two unpermitted accessory units, which are very basic in their finishes (one with particularly old flooring) and represent a significant legal and financial defect. Addressing the permitting issues and bringing the property up to modern standards would require substantial repairs and rehabilitation, aligning with a 'Poor' condition.
Year Built
1947
Close
-
List price
$685K
Original List price
$685K
Price/Sqft
$594
HOA
-
Days on market
-
Sold On
-
MLS number
CV26001931
Home ConditionPoor
Features
Pool
Patio
ViewNeighborhood

About this home

**Unique Opportunity with Pool and Two Accessory Units!** This versatile property features a main residence offering approximately 1,154 sq ft of living space, including a welcoming living room with fireplace, dining area, kitchen with adjacent laundry, three bedrooms, and two bathrooms. The garage has been converted into two separate accessory units: one featuring a studio with bathroom, and the other offering a living room, kitchen, bedroom, and bathroom. **Buyer to verify permits and approvals with the City of Pomona**, as these units do not appear to be permitted. Additional highlights include a long concrete driveway, covered patio, in-ground pool, and ample outdoor space ideal for entertaining or extended family living. Conveniently located near the **71, 10, and 60 freeways**, with close proximity to major employment centers and shopping.

D
Donald Mowery
Listing Agent

Price History

Date
Event
Price
05/20/15
Sold
$330,000
12/29/14
Sold
$238,000
08/31/05
Sold
$400,000
Condition Rating
Poor

Built in 1947, the main residence shows signs of age with dated tile flooring, older kitchen cabinets and appliances (excluding the refrigerator), and a visible window AC unit, suggesting outdated or absent central cooling. While functional, the main bathrooms are basic and not modern. Crucially, the property includes two unpermitted accessory units, which are very basic in their finishes (one with particularly old flooring) and represent a significant legal and financial defect. Addressing the permitting issues and bringing the property up to modern standards would require substantial repairs and rehabilitation, aligning with a 'Poor' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7275, living area = 1154.
Income/Multi-Generational Potential: The property includes two accessory units, offering significant flexibility for rental income or accommodating extended family living arrangements.
Desirable Outdoor Amenities: Features an in-ground pool, covered patio, and ample outdoor space, enhancing recreational opportunities and suitability for entertaining.
Strategic Freeway Access: Conveniently located near major freeways (71, 10, and 60), providing excellent accessibility for commuters and regional travel.
Versatile Property Layout: The unique configuration of a main residence plus two separate units caters to diverse buyer needs, from investors seeking rental income to families requiring multi-generational living solutions.
Proximity to Amenities: Close proximity to major employment centers and shopping areas enhances daily convenience and lifestyle for residents.

Cons

Unpermitted Accessory Units: The critical disclosure that the two accessory units 'do not appear to be permitted' presents significant legal, financial, and regulatory risks, requiring buyer verification and potential remediation.
Age of Construction: Built in 1947, the main residence is an older property, which may necessitate updates to systems, infrastructure, and aesthetics to meet modern standards and buyer expectations.
Potential for Significant Buyer Investment: Due to the unpermitted units and the property's age, buyers should anticipate considerable investment for permitting, repairs, and modernization to maximize the property's value and functionality.
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