115 S Myrtle Avenue, Pomona, California 91766, Pomona, - bed, bath
ACTIVE$690,000
115 S Myrtle Avenue, Pomona, California 91766
2Beds
2Baths
788Sqft
7,594Lot
Year Built
1895
Close
-
List price
$690K
Original List price
$690K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW24185773
Home ConditionPoor
Features
View-
About this home
Great Opportunity in Pomona! This is your opportunity to create that forever home you always dreamed of! This single level home features 2-bedrooms, 2-bathroom, 788 sqft on a 7,594 sqft lot. City confirmed 12 UNITS can be built on this parcel!! this home is Close to schools, parks, shopping, and restaurants! Must see, tons of potential! (SUBJECT PROPERTY IS THE WHITE RECTANGLE) OTHERS AVAILABLE FOR SALE AS WELL
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (96 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 15% |
| Baths | 2 | 2 | 50% |
| Square foot | 788 | 1,302 | 5% |
| Lot Size | 7,594 | 7,062 | 59% |
| Price | $690K | $690K | 50% |
| Price per square foot | $876 | $496 | 98% |
| Built year | 1895 | 1960 | 2% |
| HOA | |||
| Days on market | 425 | 180 | 99% |
Condition Rating
Poor
The property was built in 1895 and the images show significant wear and tear. The kitchen and bathrooms appear outdated and in need of substantial repairs. Given the age and visible condition, it requires significant rehabilitation.
Pros & Cons
Pros
Development Potential: The city has confirmed that 12 units can be built on this parcel, presenting a significant development opportunity for investors or builders.
Large Lot Size: The property features a sizable 7,594 sqft lot, offering ample space for potential expansion or development.
Prime Location: Located close to schools, parks, shopping, and restaurants, providing convenient access to essential amenities.
Cons
Small Living Space: The existing home is relatively small at 788 sqft, which may not appeal to buyers seeking more spacious living areas.
Age of Property: Built in 1895, the property may require significant renovations or upgrades to meet modern standards and address potential maintenance issues.