160 E Franklin
Pomona, CA, 91766
(No pictures available yet)
$899,000
MLS: PW26092924
Beds
2
Baths
2
Sq Ft
1,276
Lot
0.75 ac
Year Built
1909
MLS #
PW26092924
Days on Market
9
Listed
Apr 29, 2026
Description
Motivated Seller of 2 unit income house on Rare 32,447 sq ft Pomona flag lot with unmatched privacy, space, and exceptional potential for redevelopment, expansion, or custom construction. A large portion of property borders a newer gated community adding a nice level of added safety and security. Property includes a 1-bedroom, 1-bath home with cellar, and attic that at one time was rented out. Solid bones, ready for remodel or teardown, but the true value is the land itself, making this an ideal opportunity for investors, developers, or visionaries seeking a prime infill site. Preliminary discussions with the City of Pomona Planning, Fire, and Public Works departments indicate strong potential for increased density. Perfectly located near Garey Avenue, retail, restaurants, public transit, downtown Regional Transportation hub, Metrolink stations, the L Line (formerly Gold Line), and four major freeways, with top universities including Cal Poly Pomona, Western University, Claremont Colleges, and University of La Verne nearby. Walk to three public schools. Outdoor and recreational amenities include Frank G. Bonelli Park and Claremont hiking and biking trails, while families benefit from award-winning Pomona schools like The School of Arts and Enterprise and access to Pomona Valley Hospital/Trauma Center. Daily conveniences and shopping are abundant with Walnart, Winco, Stater Bros, Cardenas Market, Smart & Final, Sprouts, Costco, Trader Joe’s, and the Cal Poly Pomona Farmstore, and cultural and entertainment options include Fairplex with the Children’s Learning Center and LA County Fair, Pomona Farmers Market, six indie coffee houses, FOX Theater, The Cathedral, Award winning Homage Brewery, The Glass House, AMOCA, and the Arts Colony. With rare privacy, massive lot size, and unmatched redevelopment potential, this property offers a truly unique land opportunity in Pomona for those seeking space, location, and endless possibilities.
Location
Pomona, Los Angeles County, CA 91766
Open on Google Maps ↗Listed by: Frederick Van Allen · First Team Real Estate
Payment estimate
$6,693
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $89,900 · Loan: $809,100
- Principal & Interest
- $5,119
- Property tax (1.25%)
- $936
- Homeowners insurance
- $300
- Mortgage insurance
- $337
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $31,465 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.
Similar Homes Nearby
Active and pending listings in ZIP 91766 (Pomona)within ±10% of this home's price and size.
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.