$940,000
$975,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,699 SqFt
SOLD DATE : 10/16/2026
Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,699 sqft
Price per Sqft $348
MLS Listing ID 26832815
Sold Date 10/16/26
Bedrooms 5
Year Built 1938
Lot Size 6,786 Sqft
Acres 0.1558
Property Sub-Type Multi-Family
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
Area Pomona
Zoning POC3*
Rooms
Other Rooms Other
Interior
Heating Other
Cooling Other
Equipment Other
Laundry In Unit
Exterior
Parking Features Other
Building
Water Public
Level or Stories One
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with First Team Real Estate
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