695 N Main, Pomona, California 91768, Pomona, 91768 - 0 bed, 0 bath
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Pomona, California 91768
This property presents a High-Potential Investment Opportunity with a List Price of $998,888—positioned above the $903,765 Fair Market Value by 10%. While currently utilized as student housing, the Fair Condition Rating indicates that a full rehab is necessary to modernize the 1903 structure. The 9,145 sq. ft. corner lot provides significant value-add potential in a high-demand academic corridor. This asset is best suited for Buy-and-Hold Investors or Experienced Developers capable of navigating historic district requirements and zoning compliance.
Property is extensive renovation needed.
Built in 1903 and currently utilized as student housing, the property likely has significant wear and tear. The description's mention of 'value-add possibilities' and the age of the structure suggest that the kitchen, bathrooms, and major systems (HVAC/Electric) are dated and require a full rehab to reach modern standards.
Situated in Pomona’s Historic District near Cal Poly Pomona and the Claremont Colleges, the property benefits from high rental demand and proximity to downtown amenities.
Currently operated as student housing, this property offers a turnkey opportunity for investors seeking immediate cash flow in a high-occupancy market.
The oversized 9,145 sq. ft. corner lot provides significant space and future value-add potential, a rare find for a property in a historic district.
The property was recently sold within the past year on 2025-07-17. The sold price is $960,000.00.
Built in 1903, the property may require specialized and potentially costly upkeep to maintain its historic integrity while meeting modern building standards.
Prospective buyers must perform extensive due diligence to verify that the current high-density student housing use aligns with local zoning and residential regulations.
Rare investment opportunity in Pomona’s Historic District! Situated on a spacious 9,145 sq. ft. corner lot, this approximately 2,900 sq. ft. property is currently operated as student housing and offers excellent income-producing potential. Built in 1903, the property is conveniently located near Cal Poly Pomona, the Claremont Colleges, Downtown Pomona, shopping, dining, and major freeways. With strong rental demand in the area and future value-add possibilities, this is an attractive opportunity for investors seeking cash flow and long-term growth. Buyer to verify all property details, zoning, and current use. Do not disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2,900 | 1,369 |
| Lot Size | 9,148 | 7,251.5 |
| Price | $998.9K | $694.2K |
| Price per sq ft | $344 | $509 |
| Built year | 1903 | 1957 |
| HOA | $0 | $190 |
| Days on market | 54 | 64 |
May 29, 2026
$998,888
Initial Listing
Jul 17, 2025
$960,000
Public Record
Aug 25, 2017
$635,000
Public Record
Jul 10, 2017
$70,000
Public Record
Feb 28, 2012
$350,000
Public Record