About 1390 Prospect
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 of 1390 Prospect
| MLS® # | CV26119618 |
|---|---|
| Price | $1,675,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 1,455 |
| Acres | 2.02 |
| Year Built | 1927 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1390 Prospect |
|---|---|
| Area | 687 - Pomona |
| City | Pomona |
| County | Los Angeles |
| Zip Code | 91766 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Parking | Driveway, Boat, RV Potential |
| Garages | Driveway, Boat, RV Potential |
| View | City Lights, Neighborhood, Hills, Mountain(s), Valley |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | In Ground, Private |
Interior
| Interior | Wood |
|---|---|
| Interior Features | Breakfast Bar, Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Down, Main Level Primary, Attic |
| Appliances | Gas Oven, Gas Range |
| Heating | Central |
| Cooling | Central Air, Attic Fan, Gas, Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | ZeroToOneUnitAcre, Front Yard, Yard, Value In Land |
| Roof | Composition |
| Construction | Stucco |
School Information
| District | Pomona Unified |
|---|
Additional Information
| Date Listed | June 11th, 2026 |
|---|---|
| Days on Market | 126 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Albert Rodriguez |
|---|---|
| Office | CENTURY 21 CITRUS REALTY INC |
