1935 Royalty Drive, Pomona, California 91767, Pomona, 91767 - bed, bath
ACTIVE$950,000
1935 Royalty Drive, Pomona, California 91767
0Bed
0Bath
2,016Sqft
7,158Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Potential: This duplex is explicitly marketed as income-generating, offering two separate units ideal for investors or multi-generational living.
Top Cons:
Property Age: Built in 1963, the property is over 60 years old, which may indicate the presence of original systems (plumbing, electrical, HVAC) that could require significant updates or maintenance soon.
Compared to the nearby listings
Price:$950.0K vs avg $790.0K (+$160,000)89%
Size:2,016 sqft vs avg 2,016 sqft50%
Price/sqft:$471 vs avg $42389%
More Insights
Built in 1963 (62 years old).
Condition: The property was built in 1963, making it over 60 years old. While it is an income-generating duplex, implying it's functional and maintained, the MLS description explicitly notes 'Property Age' and 'Undisclosed Renovations' as weaknesses, suggesting original systems (plumbing, electrical, HVAC) may be present and require updates. The visible window AC unit in the images further supports the likelihood of outdated cooling systems. Without interior photos, a detailed assessment of kitchens and bathrooms is impossible, but given the age and lack of renovation details, they are likely dated and would require minor to moderate updates to meet current standards and tenant expectations. The exterior appears maintained but not recently updated, with minimal landscaping. Overall, it's aged but functional, requiring updates to major components and aesthetics.
Year Built
1963
Close
-
List price
$950K
Original List price
$1M
Price/Sqft
$471
HOA
-
Days on market
-
Sold On
-
MLS number
SR25061545
Home ConditionFair
Features
View-
About this home
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 and one bathroom, 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.
Condition Rating
Fair
The property was built in 1963, making it over 60 years old. While it is an income-generating duplex, implying it's functional and maintained, the MLS description explicitly notes 'Property Age' and 'Undisclosed Renovations' as weaknesses, suggesting original systems (plumbing, electrical, HVAC) may be present and require updates. The visible window AC unit in the images further supports the likelihood of outdated cooling systems. Without interior photos, a detailed assessment of kitchens and bathrooms is impossible, but given the age and lack of renovation details, they are likely dated and would require minor to moderate updates to meet current standards and tenant expectations. The exterior appears maintained but not recently updated, with minimal landscaping. Overall, it's aged but functional, requiring updates to major components and aesthetics.
Pros & Cons
Pros
Income-Generating Potential: This duplex is explicitly marketed as income-generating, offering two separate units ideal for investors or multi-generational living.
Desirable Location: Situated in a desirable neighborhood with convenient access to shopping, dining, schools, and major freeways, ensuring strong tenant appeal.
Strong Rental Demand: The property's location and configuration contribute to a robust rental market, promising consistent occupancy and income.
Dual Unit Configuration: Two independent 2-bedroom, 1-bathroom units provide flexibility for diverse rental strategies or owner-occupancy with supplementary income.
Recent Price Reduction: A significant price drop from $1,000,000 to $950,000 presents a more attractive entry point and potential for increased buyer value.
Cons
Property Age: Built in 1963, the property is over 60 years old, which may indicate the presence of original systems (plumbing, electrical, HVAC) that could require significant updates or maintenance soon.
Undisclosed Renovations: The description lacks specific details about recent renovations or modern upgrades, suggesting potential for deferred maintenance or the need for a buyer to invest in modernization to maximize rental appeal.
Limited Bathroom Count: Each unit features only one bathroom, which might be a drawback for larger families or certain tenant preferences, potentially limiting market reach or rental premium.