1924 Royalty Drive, Pomona, California 91767, Pomona, 91767 - 0 bed, 0 bath
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Pomona, California 91767
This Income-Generating Duplex is listed at $950,000, following a $50,000 reduction to approach its $852,932 Fair Market Value. With a Condition Rating of 5, the 1963 structure requires comprehensive interior modernization and system upgrades to reach peak market performance. Each unit features Independent Garages and Mountain Views, ensuring long-term tenant appeal in a school-friendly Pomona neighborhood. This property represents a significant value-add opportunity through strategic renovation. It is an ideal asset for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1924 Royalty Drive Subject | $950,000* List Price | 0 | 0 | 2,016 | $423 | - |
A 652 654 Lincoln Avenue Sold | $685,000 | 0 | 0 | 1,752 | $391 | 0.7 mi |
B 1936 Royalty Drive Active | $950,000 List Price | 0 | 0 | 2,016 | $471 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963, this property shows significant age and a lack of substantial modernization. The kitchen features extremely dated light wood cabinets, laminate countertops, older white appliances (including a coil-top stove), and fluorescent lighting, all indicative of a 1970s or 1980s aesthetic, or even original. The bathroom is similarly outdated with an old vanity, strip lighting, and dated flooring. Throughout the units, the flooring consists of worn carpet and linoleum/vinyl. The presence of window AC units suggests the absence of central heating and air conditioning. While the structure appears sound from the exterior, the interior components, especially the kitchen and bathroom, are well past their expected lifespan and require substantial rehabilitation to meet current quality and comfort standards. Major system upgrades (HVAC, electrical, plumbing) are highly probable given the property's age and visible condition.
The property is explicitly an income-generating duplex, offering two separate units ideal for investors seeking rental income or homeowners looking for multi-generational living.
Each unit features its own driveway and garage, providing valuable privacy, convenience, and dedicated parking for tenants, enhancing rental appeal.
Situated in a desirable neighborhood with close proximity to shopping, dining, schools, and major freeways, ensuring strong rental demand and tenant convenience.
Built in 1963, the property's age suggests potential for outdated systems (plumbing, electrical, HVAC) and a likely need for significant capital expenditure to modernize and maintain competitiveness.
The description contains conflicting information regarding the number of bathrooms, stating 'two bathroom' per unit but then 'two bathrooms across both residences,' which creates confusion and misrepresents the property's true functionality.
While described as 'thoughtfully designed,' the listing lacks specific details on recent renovations or modern upgrades, implying a new owner may need to invest in significant updates to meet current market expectations.
Located in the vibrant city of Pomona, this income-generating duplex presents a fantastic opportunity for investors or homeowners looking for rental potential. Offering two separate units, each featuring two bedrooms, two bathroom with their own driveway and garage, this property provides a total of four bedrooms and two bathrooms across both residences. Each unit is thoughtfully designed for comfort and functionality, making it an attractive option for tenants or multi-generational living. The layout ensures a bright and inviting atmosphere, with ample living space and practical features throughout. Situated in a desirable neighborhood, this property is close to shopping, dining, schools, and major freeways, making it convenient for residents and ensuring strong rental demand. Whether you're looking to expand your real estate portfolio or seeking a property with income potential, this duplex in Pomona is an excellent opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,016 | 1,862 | 67% |
| Lot Size | 8,397 | 6,178 | 67% |
| Price | $950.0K | $757.5K | 67% |
| Price per sq ft | $471 | $449 | 67% |
| Built year | 1963 | 1948 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 390 | 166 | 0% |
Dec 3, 2025
$950,000
$1,000,000
-5% Price Drop
Initial Listing
Mar 28, 2025
$1,000,000
Initial Listing