
Pomona, California 91766
This 2-bedroom condominium presents a Strong Value Opportunity, listed at $419,900—positioned above the $387,032 Fair Market Value. While the price reflects a premium, the property offers significant potential as a Buy-and-Hold Investor asset or a project for first-time buyers. With a Condition Rating of 5, the original 1983 finishes provide a blank canvas for value-add renovations. Located near top-rated schools like Pantera Elementary and major transit corridors, this unit features a private patio with scenic hillside views, making it a strategic long-term acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23 Country Mile Road Subject 2 bd · 1 ba · 892 sqft · $432 | $399,900* List Price | 2 | 1 | 892 | $432 | - |
A 7 Town And Country Sold 2 bd · 2 ba · 1,050 sqft · $412 · 0.1 mi | $432,500 | 2 | 2 | 1,050 | $412 | 0.1 mi |
B 75 Country Mile Road Sold 2 bd · 2 ba · 1,034 sqft · $430 · 0.1 mi | $445,000 | 2 | 2 | 1,034 | $430 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 43 years old (built 1983) and remains in its original condition with no renovations. The kitchen and bathroom feature original cabinetry and tile, and the interior has dated elements like popcorn ceilings and wallpaper. The listing explicitly describes it as a 'value add' and 'blank canvas' for investors, fitting the criteria for a property needing a full rehab.
Elementary School: Pantera Elementary School (9/10).
Situated in the desirable Phillips Ranch area with immediate access to major freeways (57, 60, 71, and 10) and proximity to Cal Poly Pomona and Mt. SAC, making it ideal for commuters and students.
Marketed as a 'value-add' opportunity with original 1983 finishes, this property serves as a blank canvas for investors or first-time buyers to renovate and build significant equity over time.
The kitchen and finishes reflect the original 1983 construction, necessitating an immediate or phased budget for modern updates and repairs to meet contemporary living standards.
The $450 monthly HOA fee is relatively high for a two-bedroom, one-bathroom unit of this size, which may impact the overall affordability and debt-to-income ratio for some buyers.
Value add opportunity in Phillips Ranch, ideal for an investor or a first-time buyer ready to make it their own. This 2 bedroom, 1 bath condo offers 892 sq ft with an open living space and a private, fenced patio overlooking a green hillside. The kitchen and finishes reflect the original 1983 build, giving you a blank canvas to update over time or renovate for equity. Part of the Phillips Meadows HOA. Centrally located near Cal Poly Pomona, Mt. SAC, shopping, dining, and easy freeway access via the 57, 60, 71, and 10. A strong opportunity whether you're building a portfolio or starting one, your first home.
No exterior & parking available.
Grades PK-6 • 1.0 mi
Grades K-6 • 1.4 mi
Grades PK-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 1.0 | 2.6 |
| Square foot | 892 | 1,275.25 |
| Lot Size | 116,311 | 60,049.982 |
| Price | $399.9K | $484.1K |
| Price per sq ft | $448 | $405 |
| Built year | 1983 | 1992 |
| HOA | $450.0 | $330 |
| Days on market | 43 | 81 |
Oct 6, 2026
$399,900
$419,900
-5% Price Drop
Initial Listing
Sep 11, 2026
$419,900
Initial Listing