Listing by: Fatasha Cummings, HomeSmart Key Realty, 661-406-2580
2 Beds
2 Baths
1,191 SqFt
Pending
Investment Opportunity in Pomona! The gem of this property lies in its potential: the city has confirmed that it can accommodate up to 11 units.(buyer and buyer's agent to do their due diligence) A golden opportunity for anyone looking to capitalize on additional income production. With many properties on the block currently serving as duplexes and four-plexes, this location is perfect for future expansion. Discover a fantastic investment property 2 bed 2 bath 1191 sq ft home situated on a 7,367 sq ft lot. Priced significantly below market value at $550,000 this property is an exceptional deal for cash or conventional buyers looking to make their mark in a thriving area. This charming two-bedroom home features a unique layout with two bathrooms. 1 Full bath (with it's own entrance) and a 1/4 bath convenient Jack and Jill powder room situated between the bedrooms. This cute cottage features indoor laundry that comes with a washer and dryer. Pantry off the well lighted kitchen, formal Livingroom and separate dining room. There is also a large porch from the front to the side of the home. The property requires some cosmetic updates to unlock its full potential, it promises a wealth of opportunities for the savvy investor. Surrounding this residence, you’ll find a serene setting adorned with fruit trees—including avocado, lemon, guava and orange trees—offering a peaceful escape right in your backyard which has an entrance from the back. Location is Key! This property is conveniently situated near a variety of amenities: Dining and Shopping: Explore a vibrant selection of restaurants and shops in downtown Pomona and nearby Pasadena. Entertainment: Enjoy family fun at Raging Waters and hit the art scene at the Pomona Arts District. Education: Close proximity to quality schools and colleges, including **California State Polytechnic University, Pomona.** Parks and Recreation: Numerous parks and recreational areas are nearby, such as Ganesha Park and Frank G. Bonelli Regional Park, which offer outdoor activities for all ages. Transportation: Easy access to major highways (I-10, I-57) and public transportation options make commuting a breeze. In addition to its appealing location, the property includes a detached garage, which can easily be converted into an Accessory Dwelling Unit (ADU), providing even more rental income potential.
Property Details | ||
---|---|---|
Price | $550,000 | |
Bedrooms | 2 | |
Full Baths | 1 | |
Total Baths | 2 | |
Lot Size Area | 7367 | |
Lot Size Area Units | Square Feet | |
Acres | 0.1691 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Year Built | 1901 | |
View | None | |
Lot Description | 0-1 Unit/Acre | |
Laundry Features | Dryer Included,Gas Dryer Hookup,Individual Room,Inside,Washer Hookup,Washer Included | |
Pool features | None | |
Parking Spaces | 1 | |
Garage spaces | 1 | |
Association Fee | 0 | |
Geographic Data | ||
Directions | see GBS White ave and 3rd street | |
County | Los Angeles | |
Latitude | 34.056902 | |
Longitude | -117.760048 | |
Market Area | 687 - Pomona | |
Address Information | ||
Address | 953 W 3rd Street, Pomona, CA 93176 | |
Postal Code | 93176 | |
City | Pomona | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | HomeSmart Key Realty | |
Listing Agent | Fatasha Cummings | |
Listing Agent Phone | 661-406-2580 | |
Attribution Contact | 661-406-2580 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | None | |
School Information | ||
District | Pomona Unified | |
MLS Information | ||
Days on market | 10 | |
MLS Status | Pending | |
Listing Date | Oct 5, 2024 | |
Listing Last Modified | Oct 16, 2024 | |
Tax ID | 8342005015 | |
MLS Area | 687 - Pomona | |
MLS # | SR24206762 |
This information is believed to be accurate, but without any warranty.