Home | Los Angeles County | Pomona | 91766 | 1406 Prospect
MLS: CRCV26119739 | Status: Active | Price: $1,475,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 40,939 | 1926 |
Welcome to 1402,1404 & 1406 Prospect Drive, a 40,939 Square foot parcel! Almost 1 acre!! This parcel features 3 houses on a lot which consist of a fully remodeled single-family home with 2 bds and 1 bath @$2,750mo: A 2bdrm 1 ba w/ 1 car garage @ $2,700 mo: And a 1 bd, 1 bath @ $1,800 mo. Three separate houses with a view! Currently generating at total $7,250 mo. 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 property has 3 additional concrete areas for parking. 1 area is a 5000SF+-, 2nd area is 4000SF+- and the 3rd area is 3000SF+-. 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 and entitlement plans. $200,000 plus in recent capital improvements, new interior, exterior paint, flooring, cabinets, electrical, plumbing and windows. Lot lines in photos are approximate. Please review supplements. Buyers to verify all development possib
| Field | Value |
|---|---|
| MLS # | CRCV26119739 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Laundry | Community Facility |
| Cooling | Central Forced Air, Window/Wall Unit |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition |
| Pool | None |
| Style | Traditional |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Boat Dock, Common Parking Area, Other, Parking Deck, Room for Oversized Vehicle, RV Possible, Garage: 1 Car(s) |
Albert Rodriguez
CENTURY 21 CITRUS REALTY INC
License #: 01250095
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 3 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Vejar Elementary School | public | K-8 | 0.59 mi | 4 |
| Decker Elementary School | public | K-6 | 0.59 mi | 4 |
| Adult And Career Education | public | UG | 0.73 mi | N/A |
| Westmont Elementary School | public | K-6 | 0.75 mi | 6 |
| Fremont Academy Of Engineering And Design | public | 7-12 | 0.79 mi | 4 |
| Lopez Elementary School | public | K-6 | 0.83 mi | 2 |
| Madison Elementary School | public | K-6 | 0.99 mi | 4 |
| Lexington Elementary School | public | K-8 | 1.04 mi | 7 |
| Ranch Hills Elementary School | public | K-6 | 1.06 mi | 7 |
| Garey High School | public | 9-12 | 1.10 mi | 6 |
| Roosevelt Elementary School | public | K-6 | 1.48 mi | 3 |
| Arroyo Elementary School | public | K-6 | 1.64 mi | 3 |
| Diamond Ranch High School | public | 9-12 | 1.64 mi | 8 |
| Philadelphia Elementary School | public | K-6 | 1.67 mi | 6 |
| Alcott Elementary School | public | K-6 | 1.68 mi | 2 |
| Marshall Middle School | public | 6-8 | 1.77 mi | 7 |
| Simons Middle School | public | 6-8 | 1.80 mi | 4 |
| Washington Elementary School | public | K-5 | 1.87 mi | 2 |
| Cortez Elementary School | public | K-8 | 1.89 mi | 5 |
| Lincoln Elementary School | public | K-6 | 2.01 mi | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1379 S Gibbs St | $1,499,000 | – | – | – | Active |
| 1449 S Park Ave | $1,199,999 | – | – | – | Active |
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This listing information is up-to-date as of June 12, 2026. For the most current information, please contact Albert Rodriguez.