Sold for $640,000

Listed by: Maximus Properties • Matteo Merloni • Contact: 818-661-7643

Bought with: HomeSmart, Evergreen Realty

$640,000

1031 W 2nd St, Pomona, CA 91766

3beds

3baths

1,224sqft

Mixed Use

Built in 1928

-- sqft lot

$695,100 Zestimate^®

$523/sqft

$2,464 Estimated rent

Home value

$695,100

$639,000 - $751,000

$2,464/mo

Zestimate^® history

Owner options

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$2,464/mo

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$2,464/mo

Rent Zestimate^®

Refinance and save

$4,131/mo

Est. payment

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$4,131/mo

Est. payment

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What's special

This incredible commercial owner-user property offers three separate income-generating units with a strong 12 GRM, making it a prime opportunity for investors. Featuring a remodeled 2-bed, 1-bath unit, a stylishly updated 1-bed, 1-bath loft, and a studio unit, this property is move-in ready and designed for maximum rental potential. Ideally located just minutes from Cal Poly Pomona, Downtown Pomona Arts Colony, Pomona Valley Hospital Medical Center, and more, it offers unbeatable convenience. This property also includes a spacious 20x30 garage providing endless possibilities for business use or storage. Whether you're an investor, owner-user, or first-time homebuyer, this property delivers both versatility and financial potential—don’t miss out on this fantastic opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Appliances

Laundry: Washer Hookup, Gas Dryer Hookup, Inside

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 1,224
Total interior livable area: 1,224 sqft

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Entry location: 1
Pool features: None

Lot

Size: 6,281 Square Feet
Features: 2-5 Units/Acre

Details

Parcel number: 8342003016
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Urban

Location

Region: Pomona

Financial & listing details

Price per square foot: $523/sqft
Tax assessed value: $432,516
Annual tax amount: $6,049
Date on market: 2/18/2025
Cumulative days on market: 93 days
Listing terms: Cash,Cash to New Loan,Conventional

Price history

Date	Event	Price
12/1/2025	Listing removed	$1,500$1/sqft
Source: CRMLS #OC25200295 Report a problem
11/29/2025	Listed for rent	$1,500$1/sqft
Source: CRMLS #OC25200295 Report a problem
11/3/2025	Listing removed	$1,500$1/sqft
Source: CRMLS #OC25200295 Report a problem
11/2/2025	Listed for rent	$1,500$1/sqft
Source: CRMLS #OC25200295 Report a problem
9/16/2025	Listing removed	$1,500$1/sqft
Source: CRMLS #OC25200295 Report a problem
9/5/2025	Listed for rent	$1,500$1/sqft
Source: CRMLS #OC25200295 Report a problem
7/16/2025	Sold	$640,000-1.4%$523/sqft
Source: CRMLS #GD25036387 Report a problem
6/26/2025	Pending sale	$649,400$531/sqft
Source: CRMLS #GD25036387 Report a problem
5/26/2025	Contingent	$649,400$531/sqft
Source: CRMLS #GD25036387 Report a problem
5/5/2025	Price change	$649,400-3.8%$531/sqft
Source: CRMLS #GD25036387 Report a problem
11/8/2024	Listed for sale	$675,000+132%$551/sqft
Source: CRMLS #TR24229391 Report a problem
4/19/2006	Sold	$291,000+71.2%$238/sqft
Source: Public Record Report a problem
1/4/2005	Sold	$170,000+80.9%$139/sqft
Source: Public Record Report a problem
7/13/1998	Sold	$94,000+97.9%$77/sqft
Source: Public Record Report a problem
11/13/1997	Sold	$47,500+9400%$39/sqft
Source: Public Record Report a problem
2/18/1997	Sold	$500-99.5%
Source: Public Record Report a problem
12/9/1996	Sold	$100,058+5.3%$82/sqft
Source: Public Record Report a problem
9/7/1993	Sold	$95,000$78/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,049 +8.8%	$432,516 +2%
2024	$5,562 +2%	$424,036 +2%
2023	$5,452 +1.6%	$415,722 +2%
2022	$5,369 +2.3%	$407,571 +2%
2021	$5,250 +0.3%	$399,581 +1%
2020	$5,233	$395,485 +2%
2019	$5,233 +6.8%	$387,732 +2%
2018	$4,900	$380,130 +2%
2017	$4,900 +1.7%	$372,677 +2%
2016	$4,817 +4.7%	$365,370 +1.5%
2015	$4,603	$359,883