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.
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