850 E Columbia Avenue, Pomona, California 91767, Pomona, 91767 - 8 bed, 6 bath
ACTIVE$1,195,000
850 E Columbia Avenue, Pomona, California 91767
8Beds
6Baths
2,501Sqft
19,978Lot
Price Vs. Estimate
The estimated value ($1,126,572.785) is $68,427.215 (5%) lower than the list price ($1,195,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating Potential: The property features a main house and an ADU with three separate units, offering significant rental income opportunities or multi-generational living arrangements.
Top Cons:
Red Tagged & Major Repairs: The property is 'Red Tagged' and explicitly states it 'requires major repairs,' indicating significant structural, safety, or code compliance issues demanding substantial investment.
Compared to the nearby listings
Price:$1.20M vs avg $775.0K (+$420,000)90%
Size:2,501 sqft vs avg 2,042 sqft90%
Price/sqft:$478 vs avg $40790%
More Insights
Built in 1887 (138 years old).
Condition: This property, built in 1887, is explicitly described as "Red Tagged" and requiring "major repairs." This indicates significant defects affecting safety, soundness, or structural integrity, rendering it unsafe and unlivable in its current state. While some updates like newer roofing, copper piping, and solar panels are mentioned, these are insufficient to overcome the fundamental issues highlighted by the red tag. The presence of unpermitted ADU units further complicates the property's condition, requiring substantial rehabilitation or remediation. The lack of interior photos, combined with the severe 'red-tagged' status, strongly suggests a property in need of extensive work, aligning with the 'Poor' condition criteria.
Year Built
1887
Close
-
List price
$1.2M
Original List price
$1.4M
Price/Sqft
$478
HOA
-
Days on market
-
Sold On
-
MLS number
TR25102360
Home ConditionPoor
Features
Good View: Mountain(s)
Pool
ViewMountain(s)
About this home
Welcome to a "Victorian" Property built 1889 @ 850 E Columbia Ave Pomona 91767. A 20,000 Sq Ft Land Gem in North Pomona. Front House of 2,501 S.F with 4 bedrooms & 2.5 baths and a 1,800 S.F. ADU (no permits 3 units 1 Bedrooms 1 Baths each plus a Kitchen) in a generous 20,000 lot full of fruit trees with 2 gates driveway, in the North Pomona area off San Antonio North from Holt just minutes from Fwy 10. Owned 31 Solar Panels @ main House & 16 Solar Panels @ ADU, newer roofing, RV parking multiple private parking, copper pipping and much more. Title shows 2,501 Sq Ft. which is the size of the front house.* Property Red Tagged* requires major repairs!
Condition Rating
Poor
This property, built in 1887, is explicitly described as "Red Tagged" and requiring "major repairs." This indicates significant defects affecting safety, soundness, or structural integrity, rendering it unsafe and unlivable in its current state. While some updates like newer roofing, copper piping, and solar panels are mentioned, these are insufficient to overcome the fundamental issues highlighted by the red tag. The presence of unpermitted ADU units further complicates the property's condition, requiring substantial rehabilitation or remediation. The lack of interior photos, combined with the severe 'red-tagged' status, strongly suggests a property in need of extensive work, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Income-Generating Potential: The property features a main house and an ADU with three separate units, offering significant rental income opportunities or multi-generational living arrangements.
Expansive Lot Size: A generous 20,000 sq ft lot provides ample space for outdoor activities, potential landscaping, and privacy in an urban setting.
Sustainable Energy System: Equipped with owned solar panels (31 on main house, 16 on ADU), significantly reducing energy costs and promoting environmental sustainability.
Historic Architectural Charm: A 'Victorian' property built in 1887, offering unique character and appeal for buyers seeking historical aesthetics.
Strategic Location: Situated in North Pomona with convenient access to Fwy 10, enhancing connectivity and commute efficiency.
Cons
Red Tagged & Major Repairs: The property is 'Red Tagged' and explicitly states it 'requires major repairs,' indicating significant structural, safety, or code compliance issues demanding substantial investment.
Unpermitted ADU Units: The ADU contains three units without permits, posing legal liabilities, potential fines, and requiring costly legalization or modification to comply with local regulations.
Extensive Renovation Required: Given its 1887 construction and current 'Red Tagged' status, the property will necessitate extensive renovation and modernization beyond typical maintenance to be habitable and up to current standards.