920 3rd, Pomona CA 91766 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Oscar Diaz of Marcus & Millichap. Last updated 2025-12-23 09:11:13.000000. Listing information © 2025 Sandicor.

Asking Price: $1,050,000 | ​​​​​​​

920 3rd, Pomona CA 91766

Community: ​687 - Pomona


This property was built in 1938 and is priced at $1,050,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 25622381
  • Type:
  • Year Built: 1938
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.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152