Three-Home Residential Income
For Sale
$1,475,000
1406 Prospect, Pomona, CA 91766
MULTI_FAMILY - Other - Pomona, CA
Lot Size0.94 Acres
Days on Market50
Property Features for 1406 Prospect
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Parking
14
Parking features
Garage, RV, Driveway, Boat, Assigned, Oversize
Lot features
Front Yard, Gentle Sloping
Directions
East of the 71 Freeway. Cross street is Phillips Blvd.
Subdivision
687 - Pomona
Standard status
Active
APN
8343018008
Lot size
0.94 Acres
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Window Unit(s), Wall/Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1926
Floors in Building
1
Number of units
3
Flooring type
Wood
Building materials
Frame, Stucco
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
CENTURY 21 CITRUS REALTY INC · Century 21 Real Estate
(909) 592-8500
Listed By:
Albert Rodriguez · License #01250095
(626) 255-4854
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 30 at 12:06PM
MLS# CV26119739
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Situated on 1402, 1404 and 1406 Prospect Drive, this residential income property features three separate houses on one lot. The mix includes a remodeled single-family home with 2 bedrooms and 1 bathroom, plus two additional units: one 2-bedroom, 1-bath with a 1-car garage and one 1-bedroom, 1-bath. The property is reported as generating a total of $7,250 per month in rental income, with the homes currently leased at the amounts stated in the listing.
The parcel is approximately 0.94 acres and includes three additional concrete parking areas. The listing describes one parking area of roughly 5,000 SF+, a second of roughly 4,000 SF+ and a third of roughly 3,000 SF+.
Recent capital improvements are reported at $200,000+, including new interior and exterior paint, flooring, cabinets, electrical, plumbing, and windows. The listing also notes development potential to build up to 20 units, with an observation that streamlining to approximately 10–15 smaller units may be more economical; buyers are instructed to verify development possibilities with the City of Pomona.
The parcel is approximately 0.94 acres and includes three additional concrete parking areas. The listing describes one parking area of roughly 5,000 SF+, a second of roughly 4,000 SF+ and a third of roughly 3,000 SF+.
Recent capital improvements are reported at $200,000+, including new interior and exterior paint, flooring, cabinets, electrical, plumbing, and windows. The listing also notes development potential to build up to 20 units, with an observation that streamlining to approximately 10–15 smaller units may be more economical; buyers are instructed to verify development possibilities with the City of Pomona.
Key Highlights
- 40,939 SF (nearly 1 acre) lot with three homes at 1402, 1404 & 1406 Prospect Drive
- Current rental income totals $7,250/month from a remodeled 2BR/1BA ($2,750/mo), 2BR/1BA ($2,700/mo), and 1BR/1BA ($1,800/mo)
- Up to $200,000+ in recent capital improvements including new interior/exterior paint, flooring, cabinets, electrical, plumbing, and windows
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Explore this area
Business Placement
Demographics for 91766, CA
70,701
Population
20,217
Households
3.5
Avg Household Size
34
Median Age
20%
College-Educated
71%
High-School Grad
10.1 sq mi
ZIP Area
7,000
Density / Sq Mi
$77,699
Median Household Income
$34,705
Median Earnings
$1,776
Median Rent
$568,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Parcel with three separate homes and multiple parking areas, generating $7,250 per month in stated rental income.
Where is this triplex located?
The property is located at 1406 Prospect Pomona, CA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 40,939 SF (nearly 1 acre) lot with three homes at 1402, 1404 & 1406 Prospect Drive; Current rental income totals $7,250/month from a remodeled 2BR/1BA ($2,750/mo), 2BR/1BA ($2,700/mo), and 1BR/1BA ($1,800/mo); Up to $200,000+ in recent capital improvements including new interior/exterior paint, flooring, cabinets, electrical, plumbing, and windows
