231 Lincoln Avenue, Pomona, California 91767, Pomona, 91767 - 3 bed, 2 bath
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Pomona, California 91767
This Spanish-Style Historic Residence is a Strong Value Opportunity, listed at $800,000—positioned well below the $877,155 Fair Market Value by 8%. This valuation gap provides $77,155 in Instant Equity. Boasting an Excellent Condition Rating, the home features a remodeled kitchen, updated plumbing, and a private pool and spa. Located in the Lincoln Park Historic District, the property offers Mills Act tax credits and significant ADU conversion potential via the detached garage. It is a perfect match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 231 Lincoln Avenue Subject | $800,000* List Price | 3 | 2 | 2,207 | $397 | - |
A 905 Patrick Sold | $768,000 | 3 | 3 | 1,982 | $387 | 0.9 mi |
B 289 E Mckinley Avenue Sold | $820,000 | 4 | 2 | 1,864 | $440 | 0.2 mi |
C 150 Garfield Avenue Sold | $900,000 | 4 | 4 | 2,842 | $317 | 0.1 mi |
D 404 E Kingsley Avenue Active | $828,000 List Price | 5 | 3 | 1,852 | $447 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While a 1923 historic home, it meets 'Excellent' criteria due to extensive recent renovations and system updates: a modern upgraded kitchen, new plumbing (2024), roof (2018), water heater (2019), and pool equipment (2024). The interior is in mint condition with central HVAC and a mix of original hardwood and new laminate flooring.
Located in the Lincoln Park Historic District, this property is eligible for the Mills Act, offering homeowners substantial property tax savings in exchange for preserving the home's historic character.
The home features significant recent capital improvements, including updated copper and Pex plumbing (2024), new pool equipment (2024), and a newer roof (2018), mitigating the typical maintenance risks of a century-old property.
The deep detached garage with a rear workspace provides a prime opportunity for an Accessory Dwelling Unit (ADU) conversion, offering potential for rental income or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2207, other record living area = 2007.
The local public schools assigned to this address have lower-to-average ratings (ranging from 3 to 5), which may be a drawback for families prioritizing high-performing educational districts.
Being part of a historic district entails strict architectural guidelines and city oversight for exterior renovations, which can limit a homeowner's flexibility and increase the cost of certain repairs.
Unique opportunity to own a charming Spanish-style home located in the coveted Lincoln Park Historic District! This spacious property offers so many amazing features. Upon entering, you'll first notice the inviting living room, which features crown molding, timeless vintage lighting, and a decorative fireplace. A formal dining room follows. Both spaces showcase beautiful built-ins, hardwood floors, a gorgeous, upgraded kitchen, a spacious breakfast area, an oversized butler’s pantry for added convenience or use as a hobby room, 3 large bedrooms, a cozy sunroom with brick flooring, and a comfortable den. Both the sunroom and den have open views of the gorgeous pool with a waterfall. Upstairs, you’ll find an expansive loft—perfect for a game room, theater, or flexible living space. Additional highlights include an indoor laundry room, 2 bathrooms with deco-style tile, central heat and air, ceiling fans and recessed lighting throughout, and a whole house fan. Recent upgrades include a roof replacement (2018), a newer water heater (2019), updated copper and Pex plumbing (2024), new pool equipment (2024), a new garage door (2025), and new laminate wood flooring in the den, loft, and staircase. Enjoy outdoor living with a relaxing pool and jacuzzi, a backyard shed usable as a playhouse, greenhouse, or additional storage, plus a deep detached garage with a workspace in the rear that has great potential for ADU conversion (buyer to verify with the city) and a driveway gate for privacy. This property has it all: beauty and function, whether for entertaining or for enjoying your home as a private retreat or workspace. Centrally located from Lincoln Park on a prime street centrally located within the historic district, this home is eligible for the Mills Act tax credit, which lowers your property taxes. Lincoln Park Historic District is also known for its uniquely warm and friendly community, rich character, and delightfully glorious neighborhood peacocks. It also offers easy access to the Metrolink and the 10, 57, and 60 freeways, the Claremont Colleges, Cal Poly Pomona, and an array of local dining, shopping, and entertainment options.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades PK-5 • 0.9 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,207 | 1,442 | 93% |
| Lot Size | 7,745 | 7,452 | 60% |
| Price | $800.0K | $693.0K | 82% |
| Price per sq ft | $362 | $497 | 11% |
| Built year | 1923 | 1956 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 187 | 1% |
Apr 9, 2026
$800,000
Initial Listing
Aug 3, 2015
$475,000
Public Record