953 W 3rd Street Pomona, CA 93176
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, youll find a serene setting adorned with fruit treesincluding avocado, lemon, guava and orange treesoffering 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.
- Property TypeCondo
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site8 Days
- MLS StatusActive
- MLS ID NumberSR24206762
- Home Size Source N/A
- Year Built1901
- Lot Size0.1691 Acres
- Full Baths1
- Partial Baths1
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General Features
- Parking Garage Spaces 1
- Sewer Public Sewer
- Terms CashConventionalCash To New Loan
- Stories 1 Story
Interior Features
- Additional Rooms All Bedrooms Down
- Cooling Wall/Window
- Equipment DryerWasher
Exterior Features
- Water Public
- Pool N/K
- View N/K
Community Features
- Sales Restrictions Standard
- Miscellaneous Gutters
- Laundry Location Laundry RoomInside