
Pomona, California 91767
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned slightly above the $1,057,586 Fair Market Value. Featuring a Condition Rating of 2, this turnkey property offers dual-income potential with separate meters and a projected $5,600 monthly yield. The oversized 675 sqft garage provides significant upside for an ADU conversion, further increasing density. With modern HVAC and interior upgrades, this asset minimizes immediate capital expenditure. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hacking strategy in Pomona.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 807 N Gibbs Subject | $1,100,000* List Price | 6 | 4 | 2,801 | $378 | - |
A 370 N Palomares Active | $1,050,000 List Price | 0 | 0 | 3,068 | $342 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1908, the property has undergone a complete recent remodel. It features new kitchen appliances, updated bathrooms, new flooring, and brand-new systems including central AC and furnaces for both units, meeting the criteria for a top-tier rating.
The property features two fully remodeled units with separate utility meters and entrances, offering a projected combined rental income of $5,600 per month, ideal for house-hacking or pure investment.
Both residences have been extensively renovated with new flooring, kitchens, bathrooms, and central HVAC systems, significantly reducing the need for immediate capital expenditures.
An oversized 675 sqft garage provides significant value-add potential to be converted into a third unit (ADU), allowing for increased density and higher overall yield on the lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2801, other record living area = 2008. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Despite modern cosmetic and HVAC upgrades, the 1908 construction date may present underlying maintenance challenges typical of century-old foundations and structural components.
The $1.1M list price represents a substantial appreciation from its 2022 sale price of $910,000, which may pose challenges for appraisal valuations in the local Pomona submarket.
2 units property on one lot. The buyer can live in one and rent out the other unit for income. Main house is 2,185 sqft with additional 176 sqft covered porch. Main House has 5 bedrooms & 2-1/2 bathrooms. Back house is 616 sqft with additional laundry Area & 2 Patios. Oversized 675 sqft garage can be potentially converted to an ADU as 3rd unit. Two separate street number 807 & 809 N. Gibbs St with separate utility meters and separate entrances. 1st floor Master Bedroom is with its own bathroom. Completely remodeled. New floor, kitchen appliances, bathrooms, central AC, furnace for the whole house. Interior and exterior newly painted. Huge utility room with plenty of storage space and entirely fenced with plenty of yard space. Good rental income $3,800 for the front unit. The back unit good rental income is $1,800 with 1 bedroom, 1 bathroom, living room and kitchen. On site laundry area at the backyard. Completely remodeled. Fenced front yard and backyard. Patios. New A/C unit has been installed. All information is deemed reliable, but not guaranteed. Buyer and buyers representatives to verify all information and do their own due diligence and consult with local officials.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 5.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,801 | 1,990.667 |
| Lot Size | 7,565 | 7,597.167 |
| Price | $1.10M | $780.8K |
| Price per sq ft | $393 | $357 |
| Built year | 1908 | 1927 |
| HOA | $0 | $0 |
| Days on market | 20 | 76 |
Aug 20, 2026
$1,100,000
Initial Listing
Mar 31, 2022
$910,000
Public Record
Mar 16, 2021
$620,000
Public Record