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$550,000
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Property Description
Investment Opportunity in Pomona!
The gem of this property lies in its potential: the city has confirmed that it can accommodate up to 11 units.(buyer and buyer's agent to do their due diligence) A golden opportunity for anyone looking to capitalize on additional income production. With many properties on the block currently serving as duplexes and four-plexes, this location is perfect for future expansion. Discover a fantastic investment property 2 bed 2 bath 1191 sq ft home situated on a 7,367 sq ft lot. Priced significantly below market value at $550,000 this property is an exceptional deal for cash or conventional buyers looking to make their mark in a thriving area.
This charming two-bedroom home features a unique layout with two bathrooms. 1 Full bath (with it's own entrance) and a 1/4 bath convenient Jack and Jill powder room situated between the bedrooms. This cute cottage features indoor laundry that comes with a washer and dryer. Pantry off the well lighted kitchen, formal Livingroom and separate dining room. There is also a large porch from the front to the side of the home. The property requires some cosmetic updates to unlock its full potential, it promises a wealth of opportunities for the savvy investor.
Surrounding this residence, you'll find a serene setting adorned with fruit trees-including avocado, lemon, guava and orange trees-offering a peaceful escape right in your backyard which has an entrance from the back.
Location is Key! This property is conveniently situated near a variety of amenities:
Dining and Shopping: Explore a vibrant selection of restaurants and shops in downtown Pomona and nearby Pasadena.
Entertainment: Enjoy family fun at Raging Waters and hit the art scene at the Pomona Arts District.
Education: Close proximity to quality schools and colleges, including **California State Polytechnic University, Pomona.**
Parks and Recreation: Numerous parks and recreational areas are nearby, such as Ganesha Park and Frank G. Bonelli Regional Park, which offer outdoor activities for all ages.
Transportation: Easy access to major highways (I-10, I-57) and public transportation options make commuting a breeze.
In addition to its appealing location, the property includes a detached garage, which can easily be converted into an Accessory Dwelling Unit (ADU), providing even more rental income potential.
Full Property Details
Full Property Details for 953 W 3rd St
General
- Sold For: $550,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SR24206762
- Added to Site: 51 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Los Angeles
- Driving Directions: see GBS White ave and 3rd street
School Information
- School District: Pomona Unified
Community
- Community Features: Gutters, Park, Watersports, Street Lights
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: 2 Common Walls (or More)
- Entry Location: 3
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,191
- Sq. Ft. Source: Assessor
- Year Built: 1901
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1691
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $461.8
Disclosures and Reports
- Special Conditions: Standard
Listed by HomeSmart Key Realty, Fatasha Cummings
Sold by Century 21 Peak, Lilian Lopez
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Schools
Schools serving 953 W 3rd St
School District:Pomona Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
701 S White Ave, Pomona, CA 91766 | PK-6 | 0.3 mi | |
725 W Franklin Ave, Pomona, CA 91766 | 7-12 | 1.1 mi | |
1151 Fairplex Dr, Pomona, CA 91768 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 953 W 3rd St
Date
Details
Price
Change
Source
11/19/2024
Sold
$550,000
—
MLS
10/05/2024
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
953 W 3rd Street, Pomona, CA 93176 (MLS# SR24206762) is a Single Family property that was sold at $550,000 on November 19, 2024. Want to learn more about 953 W 3rd Street? Do you have questions about finding other Single Family real estate for sale in Pomona? You can browse all Pomona real estate or contact a Coldwell Banker agent to request more information.