912 W 3rd Street, Pomona, California 91766

  • $995,000
912 W 3rd Street, Pomona, CA 91766
Active
912 W 3rd Street, Pomona, California 91766
912 W 3rd Street, Pomona, CA 91766
  • $995,000

Description

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 6.84% cap rate before even factoring in the ADU. After construction, it projects a 7.46% cap rate and a 10.07 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.

  • Address 912 W 3rd Street
  • City Pomona
  • State/county CA
  • Zip/Postal Code 91766
  • Country US

Details

Updated on June 4, 2026 at 3:09 pm
  • Property ID: 26832815
  • Price: $995,000
  • Property Size: 2699 Sqft
  • Land Area: 0.1558 Acres
  • Bedrooms: 5
  • Bathrooms: 4
  • Year Built: 1938
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, FHA
  • County: Los Angeles
  • Property Type: Residential Income

Contact Information

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  • Hoyt Hochman