1936 Royalty Drive, Pomona, California 91767, Pomona, 91767 - 0 bed, 0 bath
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Pomona, California 91767
This Income-Generating Duplex represents a strategic Value-Add Asset with a List Price of $950,000. While currently positioned above the $852,932 Fair Market Value, the recent price reduction signals a move toward market alignment for this high-demand rental location. The property carries a Poor Condition Rating, requiring significant updates to major systems and cosmetic gut renovations to achieve peak ROI. Featuring Dual 2-Bedroom Units on a 7,365 sqft lot, this property is a prime acquisition for Buy-and-Hold Investors or Contractors looking to capitalize on Pomona’s strong rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1936 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 1924 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 is over 60 years old. The complete absence of interior photos, especially of kitchens and bathrooms, strongly suggests these areas are severely outdated, likely original or minimally updated, and would require full gut renovations. The property analysis explicitly states a 'weakness' due to its age, 'likely requiring significant updates to major systems (e.g., plumbing, electrical, HVAC) and cosmetic renovations.' While currently income-generating, this indicates substantial deferred maintenance and a need for significant repairs and rehabilitation to bring major components and aesthetics to modern standards, aligning with the 'Poor' condition criteria.
As a duplex, the property offers immediate income potential from two separate units, ideal for investors or owner-occupants seeking rental revenue.
Situated in a desirable Pomona neighborhood, it boasts convenient access to shopping, dining, schools, and major freeways, ensuring strong rental demand.
Comprising two distinct 2-bedroom, 1-bathroom units, it provides flexibility for multiple rental streams or multi-generational living arrangements.
Built in 1963, the property is over 60 years old, likely requiring significant updates to major systems (e.g., plumbing, electrical, HVAC) and cosmetic renovations to meet modern standards.
The property's list price was reduced from $1,000,000 to $950,000, which could indicate initial overpricing or a slower market response, potentially affecting perceived value.
The description lacks specific details on recent renovations or upgrades to kitchens, bathrooms, or core infrastructure, implying potential for substantial capital expenditure post-purchase to enhance appeal and functionality.
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.
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 | 7,365 | 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