1041 W 3rd Street, Pomona, California 91766, Pomona, 91766 - bed, bath
ACTIVE$749,000
1041 W 3rd Street, Pomona, California 91766
0Bed
0Bath
1,148Sqft
6,785Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Modern Renovation: The property has undergone a beautiful and comprehensive remodel, including new windows, roof, paint, AC/heating, washer/dryers, and updated kitchens with new stoves, making it move-in ready and reducing immediate capital expenditure.
Top Cons:
Age of Original Structure: Despite extensive renovations, the property was built in 1913, meaning the underlying original structure and potentially some unseen infrastructure components are over a century old, which could lead to unforeseen maintenance issues.
Compared to the nearby listings
Price:$749.0K vs avg $749.5K ($-500)50%
Size:1,148 sqft vs avg 1,779 sqft30%
Price/sqft:$652 vs avg $44480%
More Insights
Built in 1913 (112 years old).
Condition: Despite being built in 1913, the property has undergone a comprehensive and recent 'beautifully remodeled' renovation. The listing explicitly states 'new windows, roof, paint, AC and heating, washer/dryers, and brand-new stoves in updated kitchens.' This indicates that all major systems and aesthetic components are new or virtually new, meeting current quality standards and making it move-in ready with no deferred maintenance. The images confirm modern, updated kitchens with new appliances, fresh paint, and contemporary finishes throughout, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1913
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$652
HOA
-
Days on market
-
Sold On
-
MLS number
CV25084471
Home ConditionExcellent
Features
Patio
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
Condition Rating
Excellent
Despite being built in 1913, the property has undergone a comprehensive and recent 'beautifully remodeled' renovation. The listing explicitly states 'new windows, roof, paint, AC and heating, washer/dryers, and brand-new stoves in updated kitchens.' This indicates that all major systems and aesthetic components are new or virtually new, meeting current quality standards and making it move-in ready with no deferred maintenance. The images confirm modern, updated kitchens with new appliances, fresh paint, and contemporary finishes throughout, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons
Pros
Extensive Modern Renovation: The property has undergone a beautiful and comprehensive remodel, including new windows, roof, paint, AC/heating, washer/dryers, and updated kitchens with new stoves, making it move-in ready and reducing immediate capital expenditure.
Income-Generating Duplex: As a duplex with two distinct units (3 bed/1 bath and 1 bed/1 bath), it offers immediate rental income potential for investors or an owner-occupant seeking rental offset.
ADU Development Potential: The property qualifies for adding an Accessory Dwelling Unit (ADU), presenting a significant opportunity to further increase rental income and long-term property value.
Strategic Location & Accessibility: Located in a growing community with easy access to major freeways (10, 57, 60, 71) and Metrolink stations, enhancing commuter appeal and tenant demand. Proximity to top schools and universities like Cal Poly Pomona further boosts its desirability.
Strong Rental Market & Value: The location in Pomona offers strong rental potential and long-term value, supported by a growing community and educational institutions, making it an attractive investment.
Cons
Age of Original Structure: Despite extensive renovations, the property was built in 1913, meaning the underlying original structure and potentially some unseen infrastructure components are over a century old, which could lead to unforeseen maintenance issues.
Compact Unit Sizes: With a total of 1148 sqft for a 3-bedroom and a 1-bedroom unit, the individual living spaces are likely compact, which may limit appeal to tenants or owner-occupants seeking more spacious accommodations.
Unspecified Private Outdoor/Parking Space: The description does not detail dedicated private outdoor areas for each unit or specific parking arrangements, which can be a significant factor for tenant satisfaction and desirability in a duplex.