1390 Prospect Drive

Pomona, CA 91766

$2,550,000
Price
6
Beds
5
Baths
1,455 Sq. Ft.
$1,753 / Sq. Ft.
1,455
Sq. Ft.
$1,753
per Sq. Ft.

Description

Unprecedented Development Opportunity: 2.96 Acres with Multitude of Units. This is, an extraordinary development opportunity awaits the discerning investor and visionary developer. This exceptional listing comprises two expansive lots spanning a total of 2.96 acres for your next grand project. Whether you're an experienced developer or an enthusiast with a keen eye for potential, this unique opportunity awaits. Prime Zoning and Potential: According to the City of Pomona, the property has a R1600...Unprecedented Development Opportunity: 2.96 Acres with Multitude of Units. This is, an extraordinary development opportunity awaits the discerning investor and visionary developer. This exceptional listing comprises two expansive lots spanning a total of 2.96 acres for your next grand project. Whether you're an experienced developer or an enthusiast with a keen eye for potential, this unique opportunity awaits. Prime Zoning and Potential: According to the City of Pomona, the property has a R1600 zoning designation, further enhanced by a state overlay SB330. These favorable zoning regulations pave the way for a potential construction of up to 25 units on APN 8343-018-022 and an additional 18 units on APN 8343-018-008. A remarkable total of 43 units can be envisioned on these combined lots. Buyers are encouraged to independently verify this information with the City of Pomona to ensure alignment with their development aspirations. Primary Lot: The primary lot features a single-family residence, encompassing 1,455 sq. ft. of living space. This home offers 2 bedrooms and 1 bath, providing a comfortable living environment. Additionally, a converted garage now serves as a versatile Studio Apartment with a shower. Secondary Lot: The secondary lot presents three distinct units. The main house at 1406 Prospect Avenue has an est. 750 sq. ft & includes 2 bedrooms and 1 bath. Adjacent to this, a separate 2 bedroom, 1 bath apartment and completing this trio of units, a Studio apartment with its own kitchen and shower, offering functionality and privacy. Each of these units is equipped with its own meters, utilities, and individual addresses, ensuring convenience and autonomy. Views and Accessibility: One of the standout features of this property is the view from the front, which adds a touch of serenity and natural beauty to your future development. Moreover, the dual access points to both the front and rear sides of the lots, as seen in the provided pictures and drone video, enhance the accessibility and versatility of this remarkable property. Don't miss this unparalleled opportunity to shape the future of this expansive canvas in Pomona. Embrace the potential, envision the possibilities, and embark on your next extraordinary development venture today. The city's commitment to progress awaits your creative vision. Contact us for further details and seize this remarkable opportunity
  1. Listed by Paul Villarreal • DRE #01179340 • Brokerage DRE #01008773 • First Team Real Estate • 951-295-2931

Property Details for 1390 Prospect Drive

View
City Lights, Mountain(s), Neighborhood
Parking Spaces Total
1
Private Pool
Yes
Cooling Type
Central Forced Air
Total Units
5.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1455
LISTING UPDATED: 04/17/2024 05:06 AM

Property Details for 1390 Prospect Drive

StatusActive
MLS #CV23169766
Days on Market438
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1927
Lot Size2.96 AC / 128,937 SF
CountyLos Angeles County

Building Information for 1390 Prospect Drive

Stories1Year Built1927Building Size-Lot Size2.96 AC / 128,937 SF

Property Information for 1390 Prospect Drive

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 4030
  • CFD/Mello-Roos Fee: $603
  • Tax Lot: 4&5
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down, Living Room
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 6
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Laundry Location: Kitchen
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
Exterior Features
  • Entry Location: Main floor
  • Structure Type: House
  • View Description: City Lights
  • Pool Features: Private, In Ground
  • Pool Description: In Ground, Private
  • Pool: Below Ground, Private
Land/Lot Info
  • Sign on Property: No
  • Additional Parcels Description: 8343018008
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 1390 Prospect Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1390 Prospect Drive

Taxable ValueLand$256,662Additions$38,412Total$295,074
Tax Record2024$4,218 ($352 / month)
Home Facts
Beds2Total Finished SqFt1,455 SqFtAbove Grade Finished SqFt1,455 SqFtStories1Lot Size88,156 SqFtStyleSingle Family ResidenceYear Built1927ZoningPOR16000*CountyLOS ANGELESAPN8343-018-022

Schools near 1390 Prospect Drive

This home is within Pomona Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 7 to 12
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Vejar Elementary School
PublicK to 8

Fremont Academy Of Engineering And Design
Public7 to 12

Garey High School
Public9 to 12

School Of Arts And Enterprise
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1390 Prospect Drive is a single family home for sale in Pomona, CA 91766. This property was listed for sale on September 11, 2023 by First Team Real Estate, it's currently listed at $2,550,000. This listing's school district is Pomona Unified School District. Nearby schools include Vejar Elementary School, Fremont Academy Of Engineering And Design and Garey High School. 1390 Prospect Drive is a 6-bed, 5-bath, 1,455 sqft single family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Paul Villarreal, DRE #01179340

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.