1390 S Palomares
Pomona, CA, 91766
$1,375,000
MLS: DW26065871
Beds
4
Baths
2
Sq Ft
1,454
Lot
0.86 ac
Year Built
1927
MLS #
DW26065871
Days on Market
1
Listed
Apr 8, 2026
Description
Calling all developers! Excellent opportunity for developers in the growing city of Pomona. Located at 1390 S Palomares St, this property features an existing single-family home on a lot zoned to allow up to 17 units. Ideal for those looking to capitalize on strong rental demand and continued growth in the area. The existing residence is currently rented for $3,300 which offers the potential to collect income while planning your project. Conveniently situated near major freeways, public transportation, schools, and local amenities, making it a highly desirable location for future residents. Buyer to verify zoning, density, and development potential.
Location
Pomona, Los Angeles County, CA 91766
Open on Google Maps ↗Listed by: Vicken Seraydarian · Vicken Seraydarian
Payment estimate
$9,851
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $137,500 · Loan: $1,237,500
- Principal & Interest
- $7,603
- Property tax (1.25%)
- $1,432
- Homeowners insurance
- $300
- Mortgage insurance
- $516
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Pomona home with as little as 3.5% down using an FHA loan — roughly $48,125 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Pomona, CA 91766 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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