405 E. Alvarado St., Pomona, California 91767, Pomona, 91767 - 2 bed, 1 bath

405 E. Alvarado St., Pomona, California 91767 home-pic-0
ACTIVE$650,000
405 E. Alvarado St., Pomona, California 91767
2Beds
1Bath
1,100Sqft
7,626Lot
Year Built
1924
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$591
HOA
-
Days on market
-
Sold On
-
MLS number
PW25038769
Home ConditionFair
Features
Good View: Neighborhood
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 2 Cons,3 Pros. Rank: price - $650.0K(38th), sqft - 1100(25th), beds - 2(15th), baths - 1(28th).

Have you been looking for a one story Craftsman style bungalow? Well look no more. Hard to find starter home available now for the first time since 1972…and get in on the potential tax savings thanks to the Mills Act Historic Preservation Tax Abatement Program. A little TLC and you can make this charmer yours! Fireplace, front and side porch, hardwood floors plus room for an ADU or storage sheds. Easy alley access too. This walking friendly neighborhood is just two blocks to the famous Lincoln Park. Did you know that Amazon had Pomona on it's short list in it's USA location search? See too why the film and TV industry use Pomona and Lincoln Park Historic District for filming. Outdoor Adventures: you're in for treats with nearby Ganesha Park, Lincoln Park, Frank G. Bonelli Park and Claremont hiking and biking trails. Also, near public transportation, downtown Regional Transportation hub, two Metrolink stations, four freeways, Cal Poly Pomona, Western University, the Claremont Colleges, University of La Verne, Pomona’s award-winning schools, such as The School of Arts and Enterprise and Pomona Valley Hospital/Trauma Center. PLUS, the L Line, formally the Gold Line (the brain train) is coming to Pomona. Urban convenience-YES: you're close to Stater Brothers, Cardenas Market, Smart & Final, Sprouts, Costco, Trader Joe’s, the world famous Fairplex with its renowned Children’s Learning Center and the ever-popular annual LA County Fair. Walk through the Frederick Law Olmsted inspired circular park to hit up the Pomona Farners Market, downtown hotspots such as six indie coffee houses, entertainment like the FOX Theater, award winning Homage Brewery, The Glass House, AMOCA, and the Arts Colony. You really must see this upcoming community and priced to sell home.

Nearby schools

5/10
Lincoln Elementary School
Public,PK-60.5mi
3/10
San Antonio Elementary School
Public,PK-50.6mi
3/10
Emerson Middle School
Public,6-80.3mi
4/10
Pomona High School
Public,9-121.2mi
Condition Rating
Fair

The property was built in 1924. The kitchen and bathroom appear functional but outdated. While the hardwood floors are a plus, the overall condition suggests the need for updates. The listing mentions 'a little TLC,' indicating that some repairs and improvements are necessary. It has been maintained through regular upkeep and occasional updates.
Pros & Cons

Pros

Location: Located in a walking-friendly neighborhood, close to Lincoln Park, public transportation, and downtown Pomona hotspots.
Mills Act Potential: Eligible for potential tax savings through the Mills Act Historic Preservation Tax Abatement Program.
ADU Potential: The property has room for an ADU or storage sheds, offering potential for additional income or storage space.

Cons

Needs TLC: Requires some TLC to realize its full potential, which may involve additional costs and effort.
Older Home: Built in 1924, the property may have outdated systems or require updates to meet modern standards.

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