2419 S Park Avenue, Pomona, California 91766, Pomona, 91766 - 3 bed, 1 bath
ACTIVE UNDER CONTRACT$404,750
2419 S Park Avenue, Pomona, California 91766
3Beds
1Bath
940Sqft
7,759Lot
Price Vs. Estimate
The estimated value ($358,898.99) is $45,851.01 (11%) lower than the list price ($404,750). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7759, living area = 940.
Top Cons:
Occupied by Non-Paying Tenant: The property will be delivered occupied by a non-paying family member, placing the burden and cost of eviction entirely on the buyer, which can be a lengthy and expensive legal process.
Compared to the nearby listings
Price:$404.8K vs avg $690.0K ($-285,250)4%
Size:940 sqft vs avg 1,383 sqft19%
Price/sqft:$431 vs avg $49719%
More Insights
Built in 1956 (69 years old).
Condition: Built in 1956, this property shows no evidence of major renovations in the past 50 years, aligning perfectly with the 'tear-down' criteria. The listing explicitly states it's sold 'as-is' and requires 'substantial renovations, repairs, and updates.' Images reveal an extremely dated interior with a wall-mounted heater, old ceiling fan, and worn flooring, along with an aged exterior including an old roof and deteriorating patio cover. The overall condition suggests the structure is economically beyond repair for a typical buyer, making its value primarily in the land.
Year Built
1956
Close
-
List price
$405K
Original List price
$400K
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
25609449
Home ConditionTear down
Features
Patio
View-
About this home
Probate Sale! Estate of Viola Franco. ALL CASH SALE! Buyer must provide 10% Cashiers Check payable to the ESTATE OF VIOLA FRANCO and Proof of Funds! This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time is January 20th, 2026 at 8:30 am, in Dept 29 at 111 N Hill Street, Los Angeles CA 90012. This 3 bed; 1 bath Single Family Home built in 1956 features +/-940 Sq Ft of living space, +/-7,757 Sq Ft lot, APN: 8344-028-013. THE PROPERTY IS OCCUPIED BY A NON PAYING FAMILY MEMBER. THE PROPERTY WILL BE DELIVERED OCCUPIED AT THE CLOSE OF ESCROW. Please do not disturb occupants. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.
Condition Rating
Tear down
Built in 1956, this property shows no evidence of major renovations in the past 50 years, aligning perfectly with the 'tear-down' criteria. The listing explicitly states it's sold 'as-is' and requires 'substantial renovations, repairs, and updates.' Images reveal an extremely dated interior with a wall-mounted heater, old ceiling fan, and worn flooring, along with an aged exterior including an old roof and deteriorating patio cover. The overall condition suggests the structure is economically beyond repair for a typical buyer, making its value primarily in the land.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7759, living area = 940.
Probate Sale Potential: Offers a potential opportunity for investors or savvy buyers to acquire a property, often at a competitive price, through the probate process.
Generous Lot Size: The 7,757 Sq Ft lot provides ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU), enhancing future value.
Single Family Home: A desirable property type offering privacy and long-term appreciation potential in a residential neighborhood.
3-Bedroom Configuration: Provides versatile living arrangements suitable for families or potential rental income, appealing to a broader market.
Established Neighborhood: Located in Pomona, an area with ongoing development and accessibility, suggesting potential for future growth and convenience.
Cons
Occupied by Non-Paying Tenant: The property will be delivered occupied by a non-paying family member, placing the burden and cost of eviction entirely on the buyer, which can be a lengthy and expensive legal process.
All-Cash Requirement & Probate Complexities: The mandatory all-cash purchase significantly restricts the buyer pool. Furthermore, the probate sale is subject to court confirmation, overbidding, and a distant court date (Jan 2026), introducing considerable uncertainty and a prolonged closing timeline.
As-Is Condition & Age: Sold strictly 'as-is' with no warranties, coupled with its 1956 construction and relatively small 940 sq ft living space, indicates a high likelihood of requiring substantial renovations, repairs, and updates, adding significant post-purchase expenses.