724 W 2nd, Pomona, California 91766, Pomona, 91766 - 5 bed, 3 bath
724 W 2nd
Pomona, California 91766
Property Price
SUMMARY
Analysis of 724 W 2nd, Pomona, California 91766 reveals a Fairly Priced Property with a current list price of $855,000 aligned with the estimated $855,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 724 W 2nd Subject | $855,000* List Price | 5 | 3 | 2,978 | $287 | - |
A 823 E 3rd Street Sold | $650,000 | 4 | 2 | 2,022 | $321 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1902, the property has undergone an extensive top-to-bottom renovation within the last five years. The interior features fully modernized kitchens with white shaker cabinets, stone countertops, and stainless steel appliances. Bathrooms have been updated with contemporary tiling and fixtures. The home includes new luxury vinyl plank flooring, recessed LED lighting, updated dual-pane windows, and fresh paint throughout, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Versatility
Configured as two separate units with a total of seven bedrooms, this property is a turnkey opportunity for student housing or multi-generational living near major educational hubs like the Claremont Colleges.
- Commercial Zoning Potential
Zoned for high-intensity commercial and retail use, the property offers unique long-term upside for business applications or mixed-use development beyond traditional residential use.
- Comprehensive Modernization
The home has been tastefully remodeled from top to bottom, blending modern finishes with historic charm and significantly reducing the need for immediate capital improvements.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Limited Bathroom Ratio
With seven bedrooms distributed across two units but only one bathroom per level, the high-density layout may present functional challenges for large groups or high-end rental appeal.
- Historic Infrastructure Risks
Built in 1902, the property may still possess underlying aging infrastructure or be subject to historic district regulations that could complicate future structural modifications or maintenance.
About 724 W 2nd
Welcome to 724 W 2nd Street, Pomona – a beautifully redone property offering exceptional versatility and strong income potential. Previously leased to college students, this home is perfectly configured for continued rental use, shared living, or an easy conversion into a traditional single-family residence. The property is currently set up as two separate units: Lower unit: 4 bedrooms, 1 bathroom Upper unit: 3 bedrooms, 1 bathroom Each space has been tastefully remodeled from top to bottom, blending modern finishes with functional design. Whether you're an investor seeking a turnkey rental near local universities or a homeowner looking for flexible multi-generational living, the layout adapts to fit your needs. Located just minutes from the vibrant Pomona Downtown Arts District and a short drive to the prestigious Claremont Colleges, this home offers incredible access to shopping, dining, cultural events, and education hubs. Don’t miss this rare opportunity to own a fully updated property with built-in flexibility, a prime location, and long-term upside! The subject property is currently zoned for high-intensity commercial and retail use, offering significant potential for a variety of business applications or mixed-use development.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1902
- Lot Size
- 7,763 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 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 2,978 | 1,453.5 | 96% |
| Lot Size | 7,763 | 7,440 | 57% |
| Price | $855.0K | $722.5K | 73% |
| Price per sq ft | $287 | $487 | 2% |
| Built year | 1902 | 1959 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 168 | 17% |
Pricing History
Listed for Sale
Jan 22, 2026
$855,000
$875,000
-2% Price Drop
Initial Listing
Price Change
Nov 27, 2025
$875,000
Initial Listing
Price Change
Nov 26, 2025
$825,000
Initial Listing
Sold
May 17, 2021
$625,000
Public Record