
Pomona, California 91766
This R-3 Zoned Residential Property is a High-Potential Investment Opportunity, listed at $745,000—positioned well below the $755,293 Fair Market Value by 1%. Featuring a Condition Rating of 3, the home includes modern upgrades like solar panels, a Tesla Powerwall, and an EV outlet. Its strategic location near Western University of Health Sciences and R-3 zoning provide significant development potential for ADUs or multi-unit expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term utility savings and rental-income growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 512 E 8th Street Subject 3 bd · 2 ba · 1,536 sqft · $475 | $725,000* List Price | 3 | 2 | 1,536 | $475 | - |
A 1059 W Grand Avenue Sold 3 bd · 2 ba · 1,520 sqft · $470 · 1.0 mi | $715,000 | 3 | 2 | 1,520 | $470 | 1.0 mi |
B 1611 S San Antonio Sold 4 bd · 2 ba · 1,502 sqft · $433 · 0.8 mi | $650,000 | 4 | 2 | 1,502 | $433 | 0.8 mi |
C 570 E 9th Sold 4 bd · 2 ba · 1,222 sqft · $541 · 0.1 mi | $661,000 | 4 | 2 | 1,222 | $541 | 0.1 mi |
D 1634 Lantana Sold 3 bd · 2 ba · 1,257 sqft · $569 · 0.8 mi | $715,000 | 3 | 2 | 1,257 | $569 | 0.8 mi |
E 1360 S Thomas Sold 4 bd · 2 ba · 1,362 sqft · $558 · 0.5 mi | $759,800 | 4 | 2 | 1,362 | $558 | 0.5 mi |
F 716 E 6th Active 5 bd · 3 ba · 1,834 sqft · $364 · 0.2 mi | $668,000 List Price | 5 | 3 | 1,834 | $364 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989, this home is well-maintained and features significant modern system upgrades including solar panels, a Tesla Powerwall, and an EV outlet. The interior shows recent updates to the bathrooms and flooring, and the kitchen is functional with stainless steel appliances, making it move-in ready despite the 35-year structural age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7089, living area = 1536.
The property is equipped with solar panels, a Tesla Powerwall battery, and an EV outlet, offering significant long-term utility savings and modern convenience for eco-conscious buyers.
Zoned R-3 with both front and rear alley access, this lot provides a rare and valuable opportunity for future expansion, ADUs, or multi-unit development to maximize rental income.
The list price of $745,000 sits at the higher end for the immediate neighborhood, which may limit the pool of entry-level buyers despite the extensive upgrades.
While the dual alley access is excellent for development, it may reduce the sense of seclusion in the backyard and increase exposure to neighborhood traffic and noise.
Welcome to beautiful 512 E. 8th Street, a spacious, private, and well-maintained home featuring spacious bedrooms, updated bathrooms, and a fully fenced and gated lot with both front and rear alley access. Enjoy solar panels with a Tesla Powerwall battery, an electric vehicle (EV) Outlet, central and split-type heating and air conditioning, plus an outdoor wet kitchen perfect for family gatherings. Fruit trees and homegrown vegetables add to the charm. The property is R-3 zoned, offering potential for future expansion or additional units. Buyers are encouraged to check with the City of Pomona regarding development options and potential rental-income opportunities. The location is ideal for students, faculty, and professionals, with Western University of Health Sciences less than a mile away (approximately 0.9 miles). Cal Poly Pomona is approximately 5.5 miles away, and Mt. San Antonio College is approximately 6.5 miles away, providing convenient access to several major educational institutions. Private. Well cared for. Energy efficient. EV ready. R-3 zoned. Full of possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,536 | 1,351.422 |
| Lot Size | 7,089 | 7,011.222 |
| Price | $725.0K | $689.8K |
| Price per sq ft | $472 | $517 |
| Built year | 1989 | 1956 |
| HOA | $0 | $244 |
| Days on market | 43 | 59 |
Sep 27, 2026
$725,000
$745,000
-3% Price Drop
Initial Listing
Sep 11, 2026
$745,000
Initial Listing
Apr 2, 2007
$414,500
Public Record