160 E Franklin Avenue, Pomona, California 91766, Pomona, - bed, bath
ACTIVE$990,000
160 E Franklin Avenue, Pomona, California 91766
1Bed
1Bath
1,276Sqft
32,456Lot
Year Built
1909
Close
-
List price
$990K
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25127109
Home ConditionTear down
Features
View-
About this home
Charming 1-bedroom, 1-bath home with solid bones, ready for a full remodel, an ideal opportunity for investors or visionaries looking to create something special. Tucked away on a unique flag lot, the property sits on an expansive and secluded 32,447 sq ft lot, offering rare privacy and space. While the home is nestled in an established single-family residential neighborhood, it’s just moments from Garey Avenue with access to retail, commercial, and transit options. Preliminary discussions with the City of Pomona’s Planning Department, Fire Department, and Public Works indicate strong potential for increased density, making this a prime infill opportunity. Whether you’re looking to renovate, expand, or redevelop, the possibilities here are truly endless.
Price History
Date
Event
Price
10/09/25
Price Change
$990,000
06/09/25
Listing
$1,100,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (96 Listings) | |
|---|---|---|---|
| Beds | 1 | 3 | 2% |
| Baths | 1 | 2 | 33% |
| Square foot | 1,276 | 1,302 | 47% |
| Lot Size | 32,456 | 7,062 | 98% |
| Price | $990K | $692K | 95% |
| Price per square foot | $776 | $496 | 97% |
| Built year | 1909 | 1960 | 4% |
| HOA | |||
| Days on market | 148 | 175 | 39% |
Condition Rating
Tear down
The property was built in 1909 and the listing explicitly states it is 'ready for a full remodel.' There are no interior images provided, especially of the kitchen and bathroom, which are crucial for assessing livability. This, combined with the age of the property and the description highlighting 'potential for increased density' and 'redevelop,' strongly suggests the existing structure is unlivable in its current condition and its primary value lies in the land for redevelopment. While 'solid bones' are mentioned, a 'full remodel' on a 1909 home without any visible updates implies the interior is beyond repair for comfortable living and would likely require demolition or a complete gut renovation, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
Expansive Lot Size & Privacy: The property boasts an expansive and secluded 32,447 sq ft flag lot, offering rare privacy and significant usable space, which is a premium asset in an urban setting.
High Development Potential: Preliminary discussions with city departments indicate strong potential for increased density and infill development, positioning this as a prime opportunity for investors and developers.
Strategic Location & Accessibility: Located in an established single-family residential neighborhood, the property offers immediate access to Garey Avenue, providing convenient retail, commercial, and transit options.
Versatility for Future Use: Described as having 'endless possibilities' for renovation, expansion, or complete redevelopment, appealing to a wide range of visionary buyers and investment strategies.
Solid Structural Foundation: The existing home is noted for its 'solid bones,' providing a good structural base for a comprehensive remodel or expansion project.
Cons
Extensive Renovation Required: The property is explicitly stated as being 'ready for a full remodel,' indicating a significant immediate capital investment and project management commitment for habitability.
Limited Current Living Space: With only 1 bedroom and 1 bathroom across 1276 sq ft, the existing dwelling offers highly restricted living space, making it unsuitable for many modern family configurations without substantial expansion.
Advanced Age of Structure: Built in 1909, the home is over a century old, which typically implies outdated systems (plumbing, electrical, HVAC) and potential for unforeseen issues, increasing renovation complexity and cost.