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$ 975,000
Est. payment | /mo
5 Beds
2,699 SqFt
$ 975,000
Est. payment | /mo
5 Beds
2,699 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 2,699 sqft
Price per Sqft $361
MLS Listing ID CL26832815
Bedrooms 5
HOA Y/N No
Year Built 1938
Lot Size 6,786 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
3 of 4 UNITS DELIVERED VACANT! 912 W 3rd Street is a fully renovated charming 4-plex with approved plans for a 2-bed/2-bath ADU, delivered mostly vacant in one of Pomona's fastest-growing neighborhoods. 3 of 4 bungalows will be delivered vacant and fully upgraded, featuring new bathrooms, updated kitchens, modern appliances, fresh paint, new flooring, contemporary finishes, storage room, + private yards. The property will include approved ADU plans, allowing an investor to begin construction immediately and add significant value. Once leased, the property will operate at an impressive 7.00% cap rate before even factoring in the ADU. After construction, it projects a 7.61% cap rate and a 9.90 GRM (including build costs), making this an exceptional investment. Whether you're an investor or an owner-user, this 4+1 asset offers immediate strong cash flow, plus the upside of additional equity through ADU development. Prime Location: Minutes from Downtown Pomona's Arts Colony, Western University of Health Sciences, Pomona Valley Hospital, the Metrolink Station, and with direct access to the 10 and 71 freeways. *The sqft reflected represents the ADU conversion.
Location
State CA
County Los Angeles
Zoning POC3*
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 8342008002
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Oscar Diaz • Marcus & Millichap
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California 94513, United States