866 E 4th Street, Pomona, California 91766, Pomona, 91766 - 2 bed, 1 bath
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Pomona, California 91766
This Value-Add Residential Property represents a strategic acquisition for buyers focused on forced appreciation through renovation. Listed at $499,999, the asset is positioned relative to a $440,211 Fair Market Value, emphasizing the need for a value-add strategy to capture future equity. The generous 6,001 sq. ft. lot provides significant ADU Potential, while the existing structure features a Granite Kitchen and a Condition Score of 5. Sold "as-is" within the Pomona Unified district, this property is an ideal project for Fix-and-Flip Investors or Contractors looking to maximize a large lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 866 E 4th Street Subject | $499,999* List Price | 2 | 1 | 720 | $611 | - |
A 565 W 9th St Sold | $553,000 | 2 | 1 | 910 | $608 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 and sold in 'as-is' condition, this property requires substantial repairs and rehabilitation. While the kitchen features granite countertops, the listing explicitly states it needs 'final touches' and advises buyers to bring tools and a paintbrush, indicating significant deferred maintenance and outdated systems typical of a century-old structure.
The generous 6,000 sq. ft. lot provides significant room to construct an Accessory Dwelling Unit (ADU) or expand the existing structure, offering excellent value-add potential for investors.
The inclusion of a separate small office on the property provides a dedicated environment for remote work or a creative studio, a highly desirable feature in the current market.
The property features a mature gardener’s paradise filled with fruit trees, offering immediate outdoor character and a private natural retreat that would take years to cultivate from scratch.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The home is sold in as-is condition and requires significant cosmetic updates and repairs, which will necessitate additional immediate capital and labor from the buyer.
At only 720 square feet, the living space is quite compact for a two-bedroom residence, which may pose challenges for buyers seeking spacious common areas or larger furniture layouts.
Opportunity Knocks! 2BR Home with Massive Lot & DU Potential Discover this hidden gem in Pomona! Situate on a generous 6,000 sq. ft. lot, 2-bedroom, 1-bath home is perfect for those looking to build equity or expand. The interior features a kitchen with durable granite countertops, ready for your final touches. Outside is a true grardener's paradise filled with mature fruit trees. Additionally the property includes a separate small office-ideal for remote work or a creative studio. With plenty of room to add an ADU (Accessory Dwelling Unit), this property offers endless growth potential. Close to local amenities and freeway access. Sold as-is-bring your paintbrush and tools to unlock this home's full potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 720 | 1,444 | 2% |
| Lot Size | 6,001 | 7,663 | 24% |
| Price | $500.0K | $720.0K | 6% |
| Price per sq ft | $694 | $475 | 93% |
| Built year | 1924 | 1969 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 166 | 3% |
Mar 10, 2026
$499,999
Initial Listing
Dec 15, 1988
$10,000
Public Record