953 W 3rd ST Pending

Pomona,CA 93176

$ 550000

2 Beds

2 Baths

1191 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,191 sqft

Price per Sqft $461

MLS Listing ID SR24206762

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1901

Lot Size 7,365 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 687 - Pomona

Rooms

Main Level Bedrooms 2

Interior

Interior Features All Bedrooms Down

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Dryer,Washer

Laundry Washer Hookup,Gas Dryer Hookup,Inside,Laundry Room

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Gutter(s),Park,Street Lights,Water Sports

View Y/N No

View None

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Pomona Unified

Others

Senior Community No

Tax ID 8342005015

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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