912 W 3rd Street, Pomona, CA 91766
- 5 beds
- 2,699 sqft
other
Built in 1938
6,970sqft lot
—— car garage
$369/sqft
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
- County: Los Angeles
- Zoning: POC3*8342008002
This listing courtesy of Oscar Diaz , Marcus & Millichap
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
