Pomona, CA 91766 1390 Prospect Drive

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Presented By: Paul Villarreal with First Team Real Estate; 951-295-2931
  • MLS# CV23169766
  • 09/11/2023
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 5
  • FootageSQFT • 1,455
  • GarageGarage • 1

Home Details

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
Presented By: Paul Villarreal with First Team Real Estate; 951-295-2931

Interior Features for 1390 Prospect Drive

Bedrooms

Main Level Bedrooms6
Total Bedrooms6

Bathrooms

3/4 Baths3
Full Baths2
Main Level Bathrooms5
Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInKitchen
Living Area UnitsSquareFeet
Total Stories1

Other Rooms

Entry Level1

General for 1390 Prospect Drive

Additional Parcels Description8343018008
Additional Parcels Y/NYes
Attached Garage No
Carport Y/NNo
CityPomona
Community FeaturesCurbs
ContingencyDeveloper to work with the City of Pomona to approve plans
CoolingCentralAir
CountyLos Angeles
Days on Market219
Directions71 fwy ext Mission go East, make a right on Dudley then turn left on Phillips, then Rt on Prospect
Entry LocationMain floor
Garage Spaces1.0
Garage Y/NYes
HOA0.0
HOA / Comm AssnNo
High School DistrictPomona Unified
Home Warranty Y/NNo
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashtoNewLoan
Lot Size Square Feet128937.6
MLS Area687 - Pomona
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionOwner
Pool FeaturesInGround, Private
PossessionSeeRemarks
Private PoolYes
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameProspect Drive
Structure TypeHouse
Tax Lot4&5
Total Units5
ViewCityLights, Mountains, Neighborhood
View Y/NYes
Virtual TourClick here
Waterfront Y/NNo
Year Built1927
Year Built SourceAssessor

Exterior for 1390 Prospect Drive

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres2.96
Lot Size Area2.96
Lot Size SourceAssessor
Lot Size UnitsAcres
Open Parking Y/NNo
SpaNo
Total Parking1.0
Water SourcePublic

Additional Details

Price History

1705025802 48148

Paul Villarreal

Real Estate Agent
Price $2,550,000
MLS#CV23169766
List Date 09/11/2023
Property Type Single Family
Phone 951.295.2931
Request Tour
Request Info
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