724 W 2nd
Pomona, CA, 91766
$855,000
MLS: CV25247525
Beds
7
Baths
2
Sq Ft
2,978
Lot
0.18 ac
Year Built
1902
MLS #
CV25247525
Days on Market
131
Listed
Nov 26, 2025
Description
Welcome to 724 W 2nd Street, Pomona – a beautifully redone property offering exceptional versatility and strong income potential. Previously leased to college students, this home is perfectly configured for continued rental use, shared living, or an easy conversion into a traditional single-family residence. The property is currently set up as two separate units: Lower unit: 4 bedrooms, 1 bathroom Upper unit: 3 bedrooms, 1 bathroom Each space has been tastefully remodeled from top to bottom, blending modern finishes with functional design. Whether you're an investor seeking a turnkey rental near local universities or a homeowner looking for flexible multi-generational living, the layout adapts to fit your needs. Located just minutes from the vibrant Pomona Downtown Arts District and a short drive to the prestigious Claremont Colleges, this home offers incredible access to shopping, dining, cultural events, and education hubs. Don’t miss this rare opportunity to own a fully updated property with built-in flexibility, a prime location, and long-term upside! The subject property is currently zoned for high-intensity commercial and retail use, offering significant potential for a variety of business applications or mixed-use development.
Location
Pomona, Los Angeles County, CA 91766
Open on Google Maps ↗Listed by: Brenda Geraci · KELLER WILLIAMS REALTY COLLEGE PARK
Payment estimate
$6,239
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,500 · Loan: $769,500
- Principal & Interest
- $4,728
- Property tax (1.25%)
- $891
- Homeowners insurance
- $300
- Mortgage insurance
- $321
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 $29,925 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.
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