912 W 3rd St

Pomona, CA 91766
  • $975,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,699

    SqFt

About the Listing X7515101 - C137355

3 of 4 UNITS DELIVERED VACANT! 912 W 3rd Street is a fully renovated charming 4-plex with approved plans for a 2-bed/2-bath ADU, delivered mostly vacant in one of Pomona's fastest-growing neighborhoods. 3 of 4 bungalows will be delivered vacant and fully upgraded, featuring new bathrooms, updated kitchens, modern appliances, fresh paint, new flooring, contemporary finishes, storage room, + private yards. The property will include approved ADU plans, allowing an investor to begin construction immediately and add significant value. Once leased, the property will operate at an impressive 7.00% cap rate before even factoring in the ADU. After construction, it projects a 7.61% cap rate and a 9.90 GRM (including build costs), making this an exceptional investment. Whether you're an investor or an owner-user, this 4+1 asset offers immediate strong cash flow, plus the upside of additional equity through ADU development. Prime Location: Minutes from Downtown Pomona's Arts Colony, Western University of Health Sciences, Pomona Valley Hospital, the Metrolink Station, and with direct access to the 10 and 71 freeways. *The sqft reflected represents the ADU conversion.

Listing Highlights

Status Active
Days on Site 131
Property Type Multi-Family
MLS ® 26832815
Year Built 1938
Total Square Footage 2,699
Lot/Acreage 0.16
County Los Angeles

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: POC3*
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

912 W 3rd St Pomona, CA 91766

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Agent profile image in chat bubble
Agent profile image in chat header

Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

Agent profile image in message

or another way