1390 Prospect, Pomona, CA 91766
1390 Prospect, Pomona, CA 91766
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 1 active · 5 closed
Pomona · Single Family Residence
Listed in line with the median closed sale of $1,637,000. Price per sqft ($1,151) is a 137% premium to closed comps ($486). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (1)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1295 Loma Vista | Pomona | 1949 | 3 | 2 | 3,217 | 153,325 | $466 | $1.50M | 1 | 23 |
| Total: 1 · Average | 3.0 | 2.0 | 3,217 | 153,325 | $466 | $1.50M | 1 | |||
| Median | 3,217 | $1.50M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32 Franciscan | Phillips Ranch | 1988 | 01/07/2026 | 5 | 5 | 4,624 | 16,975 | $1.99M | $1.89M | $408 | 0.95 | 57 | 42 |
| 839 37th | Long Beach | 1924 | 08/19/2026 | 4 | 3 | 2,287 | 5,617 | $1.50M | $1.64M | $716 | 1.09 | 36 | 40 |
| 13101 Rimrock | Chino Hills | 1985 | 07/16/2026 | 5 | 3 | 3,015 | 9,960 | $1.54M | $1.54M | $511 | 1.00 | 36 | 39 |
| 2109 Scenic Ridge Dr | Chino Hills | 1988 | 03/03/2026 | 5 | 6 | 4,931 | 12,980 | $1.90M | $1.84M | $373 | 0.97 | 78 | 39 |
| 1909 Scenic Ridge | Chino Hills | 1985 | 05/29/2026 | 4 | 4 | 3,547 | 16,200 | $1.56M | $1.50M | $423 | 0.96 | 102 | 31 |
| Total: 5 · Average | 4.6 | 4.2 | 3,680.8 | 12,346.4 | $1.68M | $1.68M | $486.2 | — | 61.8 | ||||
| Median | 3,547 | $1.64M | $1.64M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.