1041 W 3rd Street, Pomona, California 91766, Pomona, - bed, bath
ACTIVE$749,000
1041 W 3rd Street, Pomona, California 91766
0Bed
0Bath
1,148Sqft
6,785Lot
Year Built
1913
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25084471
Home ConditionGood
Features
View-
About this home
Welcome to this beautifully remodeled move in ready duplex, perfect for homeowners or investors!,3 bed 1 bath and 1 bed 1 bath featuring new windows, roof, paint, AC and heating, washer/dryers, and brand-new stoves in updated kitchens. Located in a growing community with Easy access to major freeways (10, 57, 60, 71) and Metrolink stations for commuting, top schools and universities, including Cal Poly Pomona and Western University of Health Sciences, and local entertainment, Pomona offers strong rental potential and long-term value. this investment also qualifies to add a ADU don't miss out
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (5 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,148 | 1,926 | 17% |
| Lot Size | 6,785 | 7,245 | 17% |
| Price | $749K | $762K | 17% |
| Price per square foot | $652 | $440.5 | 83% |
| Built year | 1913 | 9800981 | 17% |
| HOA | |||
| Days on market | 201 | 160 | 83% |
Condition Rating
Good
The property, built in 1913, has been remodeled with new windows, roof, paint, AC/heating, washer/dryers, and stoves in updated kitchens. The kitchens and bathrooms appear to be recently renovated with modern finishes. While the original structure is old, the recent updates bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons
Pros
Remodeled Units: Both units are beautifully remodeled and move-in ready, minimizing immediate expenses for the buyer.
New Systems: The property features new windows, roof, paint, AC and heating, and brand-new stoves, reducing future maintenance costs.
Income Potential: As a duplex, the property offers immediate rental income potential, appealing to investors.
ADU Potential: The property qualifies for adding an ADU, further increasing its income potential and value.
Convenient Location: Located with easy access to major freeways and Metrolink stations, facilitating commuting and access to amenities.
Cons
Older Construction: Built in 1913, the property may have underlying issues common in older homes, despite recent renovations.
Lot Size: While the lot size is decent, it might limit extensive expansion or outdoor amenities compared to larger properties.
Pomona Market: The Pomona market may be less desirable than other areas in Los Angeles County, potentially affecting appreciation rates.