595 E Alvarado, Pomona, California 91767, Pomona, 91767 - 4 bed, 2 bath
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Pomona, California 91767
This Multi-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $739,999—positioned above the $707,379 Fair Market Value. While priced slightly above market, the property offers significant Income Generation Potential through its dual-unit configuration and ADU Conversion Opportunity via the detached garage. Featuring a Condition Rating of 3 with recent kitchen renovations, the home provides immediate rental utility. Located in the Lincoln Park Historic District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living solutions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 595 E Alvarado Subject | $739,999* List Price | 4 | 2 | 1,435 | $493 | - |
A 327 Cindy Court Sold | $720,000 | 4 | 2 | 1,597 | $451 | 0.9 mi |
B 2066 Royalty Sold | $755,000 | 4 | 2 | 1,597 | $473 | 0.9 mi |
C 1260 Lincoln Avenue Sold | $760,000 | 3 | 2 | 1,530 | $497 | 1.0 mi |
D 1127 Ringe Court Sold | $745,000 | 3 | 2 | 1,350 | $552 | 0.8 mi |
E 172 Lincoln Avenue Active Under Contract | $768,000 List Price | 2 | 1 | 1,376 | $558 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1923 build date, the property has undergone a significant recent renovation (likely <5 years) particularly in the kitchens, which feature modern shaker cabinets, quartz countertops, and new flooring. While bathrooms show a mix of new vanities and older tile, the home is move-in ready and well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8278, living area = 1435.
The property is currently configured as two separate 2-bedroom, 1-bathroom units with individual laundry hookups, offering immediate flexibility for rental income or multi-generational living.
A large 8,278 sq ft lot featuring a detached 2-car garage and rear gate access provides an excellent footprint for a potential Accessory Dwelling Unit (ADU) to further maximize property value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Location within a Historic District (LPHD) subjects any exterior renovations or ADU conversions to strict city guidelines, which can increase the complexity and cost of improvements.
Built in 1923, the property may require significant capital investment for modernizing aging systems such as electrical, plumbing, and foundation to meet current building standards.
Situated in the desirable Lincoln Park Historic District (LPHD), this beautiful home offers 1,435 sq ft of living space on an 8,278 sq ft lot . The property features a total of 4 bedrooms and 2 bathrooms, right now is currently configured as two separate units. with each unit offering 2 bedrooms and 1 bathroom. Each unit includes its own washer and dryer hookups for added convenience. RV parking is available with rear gate access. A detached 2-car garage in the back provides excellent potential for ADU conversion (buyer to verify with city and historic guidelines). A wonderful opportunity for expansion, rental income, or multi-generational living in a charming historic neighborhood.
No exterior & parking available.
Grades PK-5 • 0.4 mi
Grades PK-6 • 0.7 mi
Grades 6-8 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,435 | 1,442 | 49% |
| Lot Size | 8,278 | 7,201 | 72% |
| Price | $740.0K | $710.0K | 58% |
| Price per sq ft | $516 | $496 | 61% |
| Built year | 1923 | 1956 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 172 | 4% |
May 21, 2026
$739,999
Initial Listing
May 8, 2024
$660,000
Public Record
Feb 22, 2021
$520,000
Public Record
Jun 17, 2010
$260,000
Public Record
Oct 2, 2006
$455,000
Public Record