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Sold for $550,000
  • Listing Provided by: HomeSmart Key Realty
    Bought with: Century 21 Masters
    Tax assessed value
    $550,000

    953 W 3rd St, Pomona, CA 91766

    2beds
    1,191sqft
    Single Family Residence
    Built in 1901
    7,367 Square Feet Lot
    $570,600 Zestimate®
    $462/sqft
    $2,694 Estimated rent

    Home value

    $570,600

    $525,000 - $622,000

    $2,694/mo

    Zestimate® history
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    What's special

    Cute cottageFruit treesDetached garageIndoor laundry
    Investment Opportunity in Pomona! The gem of this property lies in its potential: the city has confirmed that it can accommodate up to 11 units.(buyer and buyer's agent to do their due diligence) A golden opportunity for anyone looking to capitalize on additional income production. With many properties on the block currently serving as duplexes and four-plexes, this location is perfect for future expansion. Discover a fantastic investment property 2 bed 2 bath 1191 sq ft home situated on a 7,367 sq ft lot. Priced significantly below market value at $550,000 this property is an exceptional deal for cash or conventional buyers looking to make their mark in a thriving area. This charming two-bedroom home features a unique layout with two bathrooms. 1 Full bath (with it's own entrance) and a 1/4 bath convenient Jack and Jill powder room situated between the bedrooms. This cute cottage features indoor laundry that comes with a washer and dryer. Pantry off the well lighted kitchen, formal Livingroom and separate dining room. There is also a large porch from the front to the side of the home. The property requires some cosmetic updates to unlock its full potential, it promises a wealth of opportunities for the savvy investor. Surrounding this residence, you’ll find a serene setting adorned with fruit trees—including avocado, lemon, guava and orange trees—offering a peaceful escape right in your backyard which has an entrance from the back. Location is Key! This property is conveniently situated near a variety of amenities: Dining and Shopping: Explore a vibrant selection of restaurants and shops in downtown Pomona and nearby Pasadena. Entertainment: Enjoy family fun at Raging Waters and hit the art scene at the Pomona Arts District. Education: Close proximity to quality schools and colleges, including **California State Polytechnic University, Pomona.** Parks and Recreation: Numerous parks and recreational areas are nearby, such as Ganesha Park and Frank G. Bonelli Regional Park, which offer outdoor activities for all ages. Transportation: Easy access to major highways (I-10, I-57) and public transportation options make commuting a breeze. In addition to its appealing location, the property includes a detached garage, which can easily be converted into an Accessory Dwelling Unit (ADU), providing even more rental income potential.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Fatasha Cummings DRE #01722625 661-406-2580,

    HomeSmart Key Realty

    Bought with:

    Lilian Lopez, DRE #01429481

    Century 21 Masters

    Source: CRMLS,MLS#: SR24206762MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dryer, Washer
    • Laundry: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,191 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 3
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,367 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 8342005015
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1901

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Gutter(s), Park, Street Lights, Water Sports
    Location
    • Region: Pomona

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    11/19/2024Sold$550,000$462/sqft
    Source: CRMLS #SR24206762 Report a problem
    10/16/2024Pending sale$550,000$462/sqft
    Source: CRMLS #SR24206762 Report a problem
    10/5/2024Listed for sale$550,000+315.1%$462/sqft
    Source: CRMLS #SR24206762 Report a problem
    6/18/2001Sold$132,500+55%$111/sqft
    Source: Public Record Report a problem
    11/20/2000Sold$85,500-40.7%$72/sqft
    Source: Public Record Report a problem
    9/15/1999Sold$144,133+11.7%$121/sqft
    Source: Public Record Report a problem
    6/26/1998Sold$129,000$108/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,401 +179.3%$550,000 +181%
    2024$2,650 +2.1%$195,721 +2%
    2023$2,596 +1.7%$191,884 +2%
    2022$2,551 +2.6%$188,122 +2%
    2021$2,488 +0.4%$184,434 +1%
    2020$2,479 $182,544 +2%
    2019$2,479 +6%$178,965 +2%
    2018$2,338 $175,457 +2%
    2017$2,338 +1.8%$172,017 +2%
    2016$2,298 +4.9%$168,645 +1.5%
    2015$2,190 +1.4%$166,113 +2%
    2014$2,160 $162,860 +2.5%
    2012-- $158,947 +2%
    2011-- $155,831 +0.8%
    2010-- $154,668 -0.2%
    2009-- $155,036 +2%
    2008-- $151,997 +2%
    2007-- $149,018 +2%
    2006-- $146,097
    2005-- $146,097 +4%
    2004-- $140,425 +1.9%
    2003-- $137,852 +2%
    2002-- $135,150 +32.5%
    2000-- $102,000

    Find assessor info on the county website

    Neighborhood: Spadra

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $570,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $570,600