586 W Center Street, Pomona, California 91768, Pomona, 91768 - 5 bed, 3 bath
586 W Center Street
Pomona, California 91768
Property Price
SUMMARY
Analysis of 586 W Center Street, Pomona, California 91768 is currently available with a list price of $950,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Pomona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1937, this triplex has undergone cosmetic refreshes including newer laminate flooring, fresh interior paint, and updated shaker-style kitchen cabinetry. While move-in ready for tenants, the property shows signs of its age with dated bathroom fixtures and older window units; major systems likely require updates to meet modern standards, fitting the criteria for a well-maintained but aged property.
PROSSTRENGTHS & OPPORTUNITIES
- Independent Utility Metering
Each of the three units features its own private entrance and independent utility meters, which simplifies property management and significantly reduces owner-paid utility expenses.
- Strategic Central Location
Situated in the heart of Pomona, the property is positioned in a high-demand rental area near the city center, offering excellent accessibility and long-term appreciation potential.
- Investment Versatility
The triplex configuration provides maximum flexibility for 'house hacking' owner-occupants or pure investors, further enhanced by a motivated seller open to negotiation.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1937, the property may have deferred maintenance or require updates to major systems like plumbing and electrical to meet modern standards and tenant expectations.
- High Price Per Square Foot
At a list price of $950,000 for 1,688 square feet, the cost per square foot is relatively high for the area, which may impact the initial capitalization rate for some investors.
About 586 W Center Street
Prime Investment Opportunity – Triplex in the Heart of Pomona! Discover a rare opportunity to own a triplex in near the center of Pomona. Perfect for investors or owner-occupants, this multi-unit property offers both strong income potential and long-term appreciation. Each unit features their very own private entrance and independent utility meters. Whether you're looking to live in one unit and rent out the others, or fully lease all three, this property offers maximum flexibility and value. This opportunity is a one of a kind with a motivated seller.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1937
- Lot Size
- 5,607 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 80% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,688 | 1,722 | 40% |
| Lot Size | 5,607 | 13,056 | 20% |
| Price | $950.0K | $950.0K | 50% |
| Price per sq ft | $563 | $427 | 60% |
| Built year | 1937 | 1949 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 251 | 158 | 0% |
Pricing History
Listed for Sale
Jun 28, 2025
$950,000
Initial Listing