Request More Info
Schedule a Showing
Share
Print
|
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. Buyers to verify all development possibilities and aspects with the City of Pomona.
Property Type(s):
Single Family
| Last Updated | 6/11/2026 | Year Built | 1927 |
|---|---|---|---|
| Community | 687 - Pomona | County | Los Angeles |
Additional Details
| AIR | Attic Fan, Central Air, Gas, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven, Gas Range |
| AREA | 687 - Pomona |
| BASEMENT | Yes |
| CONSTRUCTION | Stucco |
| HEAT | Central |
| INTERIOR | Breakfast Bar, Eat-in Kitchen, Master Downstairs |
| LOT | 2.0244 acre(s) |
| LOT DESCRIPTION | Front Yard |
| LOT DIMENSIONS | 88182 |
| PARKING | Boat, Driveway |
| POOL | Yes |
| POOL DESCRIPTION | Private, In Ground |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Traditional |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Hills, Mountain(s), Neighborhood, Valley |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with CENTURY 21 CITRUS REALTY INC
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
Twitter
Facebook
Email