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

573 E. Alvarado St., Pomona, California 91767 home-pic-0
ACTIVE$650,000
573 E. Alvarado St., Pomona, California 91767
2Beds
1Bath
1,100Sqft
7,252Lot
Year Built
1925
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$591
HOA
-
Days on market
-
Sold On
-
MLS number
PW25058542
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,6 Pros. Rank: price - $650.0K(38th), sqft - 1100(25th), beds - 2(15th), baths - 1(28th).

You can finally afford (Z_____has this home priced at $675,000) a house…look no more-a priced to sell $650,000 one story Craftsman style bungalow! With a BONUS-potential tax $avings thanks to the City of Pomona Mills Act Historic Preservation Tax Abatement Program. Hardwood floors, fireplace, front and side porch, small basement for storage and workshop area behind the garage. With the large yard ADU or storage sheds can be an option. Here is a luxury item for you...whole house water filter system. Easy alley access too. This walking friendly neighborhood is just two blocks to the famous Lincoln Park, also called 'the circle'. Did you know that Amazon had Pomona on it's short list in it's USA location search? Did you know that Lincoln Park is famous for is celebration of Halloween? 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, north and south 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, Cal Poly Pomona Farmstore, 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 Farmers 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 this adorable priced to sell home.

Nearby schools

3/10
San Antonio Elementary School
Public,PK-50.4mi
5/10
Lincoln Elementary School
Public,PK-60.7mi
3/10
Emerson Middle School
Public,6-80.2mi
4/10
Pomona High School
Public,9-121.1mi
Condition Rating
Fair

Built in 1925, this Craftsman bungalow retains its historic charm with hardwood floors and a fireplace. The kitchen and bathroom have received functional updates, including white shaker-style cabinets, stainless steel appliances, and modern bathroom fixtures, making them presentable and move-in ready. However, these updates do not appear to be recent (within the last 5-10 years) and the property notably lacks central heating and air conditioning, which is a significant system update required for modern comfort. While well-maintained for its age, the absence of central HVAC and the age of the overall structure indicate it requires more than minor updates to meet current quality standards for a 'Good' rating.
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 = 7252, living area = 1100.
Historic Charm & Tax Incentives: A 1925 Craftsman bungalow offering classic architectural details (hardwood floors, fireplace, porches) combined with the significant financial benefit of the Mills Act Historic Preservation Tax Abatement Program.
Strategic Location & Connectivity: Excellent access to major transportation hubs (Metrolink, L Line extension, four freeways) and a highly walkable neighborhood, placing residents within easy reach of regional destinations.
Vibrant Community & Lifestyle Amenities: Situated in a dynamic area known for its parks (Lincoln Park, Ganesha Park), cultural attractions (FOX Theater, Arts Colony), diverse dining, and extensive shopping options, fostering an engaging urban lifestyle.
Development Potential & Generous Lot: A substantial 7,252 sqft lot with convenient alley access provides ample space and opportunity for future expansion, including the addition of an Accessory Dwelling Unit (ADU) or enhanced outdoor living spaces.
Educational & Healthcare Proximity: Close to multiple universities (Cal Poly Pomona, Claremont Colleges) and the Pomona Valley Hospital/Trauma Center, appealing to students, faculty, and healthcare professionals.

Cons

Outdated Infrastructure & Renovation Needs: As a nearly century-old home, it likely requires significant investment in updating core systems (e.g., electrical, plumbing) to meet modern standards and ensure long-term reliability, which is not explicitly detailed as completed.
Limited Bathroom Count: The presence of only one bathroom for a two-bedroom home may present functional challenges and could be a limiting factor for families or those seeking more contemporary living arrangements.
Absence of Central Climate Control: The absence of a central heating and air conditioning system (only a whole-house water filter is mentioned) will necessitate additional investment for comfortable climate control, especially during Pomona's hot summers.

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