920 W 3rd Street, Pomona, CA 91766

• 5 beds
• 2,699 sqft

Property Description

920 W 3rd Street is a fully renovated charming 4-plex with approved plans for a 2-bed/1-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 6.42% cap rate before even factoring in the ADU. After construction, it projects a 7.08% cap rate and a 10.53 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:

November 25, 2025 at 06:00AM

Listing Office:

Marcus & Millichap : 310-909-5500

Listing Agent:

Oscar Diaz : 213-943-1884

MLS ID:

CL25622381

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: POC38342008002

Financial

• Source: CRMLS

This listing courtesy of Oscar Diaz, Marcus & Millichap