$995,000

912 W 3rd Street, Pomona, CA 91766

  • 5 beds
  • 2,699 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $369/sqft
  • Property List Date Icon Listed 8 days ago

Property 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.

Listing Status:
Active
Date Added:
May 12, 2026
Data Last Updated:
May 20, 2026 at 3:08PM
Listing Office:
Marcus & Millichap : 310-909-5500
Listing Agent:
Oscar Diaz : 213-943-1884
MLS ID:
CL26832815
  • Parking: Parking spaces: 0
  • County: Los Angeles
  • Zoning: POC3*8342008002

This listing courtesy of Oscar Diaz , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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