1406 Prospect DR, Pomona, CA 91766 (MLS # CV26119739)

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PRICE $1,475,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 2,040 sqft
LOT SIZE 40,938 sqft
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Welcome to 1402,1404 & 1406 Prospect Drive, a 40,939 Square foot parcel! Almost 1 acre!! This parcel features 3 houses on a lot which consist of a fully remodeled single-family home with 2 bds and 1 bath @$2,750mo: A 2bdrm 1 ba w/ 1 car garage @ $2,700 mo: And a 1 bd, 1 bath @ $1,800 mo. Three separate houses with a view! Currently generating at total $7,250 mo. per month in rental income. Most buyers evaluate this property with the in-place income. The property offers significant development potential to build up to 20 units with plenty of parking. However, to simplify requirements per the city it would be more economical to streamline and build 10-15 units at approximately 750 Square Ft or less. The property has 3 additional concrete areas for parking. 1 area is a 5000SF+-, 2nd area is 4000SF+- and the 3rd area is 3000SF+-. The potential of building 10- 15 additional 2 bd, 1 1/2 bath units would potentially create an opportunity for returns exceeding a 20% CAP Rate! You can collect rents while you work on your development and entitlement plans. $200,000 plus in recent capital improvements, new interior, exterior paint, flooring, cabinets, electrical, plumbing and windows. Lot lines in photos are approximate. Please review supplements. Buyers to verify all development possibilities and aspects with the City of Pomona.

DAYS ON MARKET 5 LAST UPDATED 6/11/2026
YEAR BUILT 1926 COMMUNITY 687 - Pomona
GARAGE SPACES 1.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Central Air, Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA 687 - Pomona
CONSTRUCTION Frame, Stucco
GARAGE Yes
HEAT Central
LOT 0.9398 acre(s)
LOT DESCRIPTION Front Yard, Gentle Sloping
LOT DIMENSIONS 40939
PARKING Assigned, Boat, Concrete, Driveway, On Site, Oversized, Deck, Workshop in Garage
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Traditional
UTILITIES Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
WATER Public
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Listed with CENTURY 21 CITRUS REALTY INC

Based on information from CRMLS as of 6/16/26 2:24 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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