1390 Prospect, Pomona, CA 91766

Beds

Baths

1,455

Sq ft

$1151

Per sq ft

About this home

Welcome to 1390 Prospect Drive, an 88,182 Square foot parcel! (2.2 Acres) featuring a fully renovated single family home and studio guest house with a view and pool currently generating $5,000 per month in rental income. Most buyers evaluate this property with the in-place income. The property offers significant development potential to build up to 20+- units with plenty of parking. However, to simplify requirements per the city it would be more economical to streamline and build 10-15 units at approximately 750 Square Ft or less. The potential of building 10- 15 additional 2 bd, 1 1/2 bath units would potentially create an opportunity for returns exceeding a 20% CAP Rate! You can collect rents while you work on your development plans. $100,000 plus in recent capital improvements, new interior, exterior paint, cabinets, electrical, plumbing and windows.

Type

Single Family Residence

Year built

1927

Lot

88,182 sq ft (2.02 ac)

Garage

—

HOA

None

Pool

Private pool

View

Mountain(s)

Solar

—

Estimated payment

$10,563/mo

Principal & interest$8,470
Property tax (est.)$1,605
Home insurance (est.)$489

Down payment: 20% ($335,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Albert Rodriguez, CENTURY 21 CITRUS REALTY INC, 626-255-4854. MLS# CV26119618. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.