See all 9 photos
9 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$420,260
Est. payment /mo
8,633 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24231577
HOA Y/N No
Lot Size 8,633 Sqft
Property Description
COUNTY ASSESSOR'S VALUATION: $470,260
BUYER GAINS INSTANT EQUITY – Priced below value, offering approximately $50,000 in immediate equity for construction financing leverage
(SELLER FINANCING AVAILABLE) Prime Development Opportunity – 8,635 Sq Ft Vacant Double Lots located in the heart of Pomona!
Zoned under the Pomona Downtown Specific Plan – Mixed-Use High Density (MU-HD):
Zoning Allows: Mixed-Use, Attached Residential, and Commercial
Number of Stories: 3 Minimum / 6 Maximum
Zero Setback Requirement – Build to the edge
Density: 40–80 units per acre
Build 8 to 19 Units by Right
Eligible for 80% Density Bonus for Affordable Housing – Add up to 15 Additional Units
Perfect for Affordable University Student Housing Apartments
Nearby Colleges: Cal Poly Pomona, Western University of Health Sciences, Mt. San Antonio College (Mt. SAC), and the 5 Claremont Colleges.
Transit Oriented Development Opportunity:
Only 300 meters from the Pomona Regional Transit Center
As of Jan 1, 2023, California law exempts parking requirements for projects within ½ mile of major transit centers – This property qualifies
2 Blocks from Holt Ave Corridor – Walking distance to grocery stores, shops, and restaurants
Within 4 miles of the 60, 10, 57, and 71 Freeways
Lot is flat, level, and ready for development – Whether your vision is residential, commercial, or a high-density mixed-use project.
Strategically located in a rapidly transforming downtown district, this site offers unmatched upside for developers, investors, or builders looking to capitalize on Pomona's urban revitalization.
See Pomona Downtown Specific Plan's Mixed Use-High Density Residential Standards attached for detailed development guidelines.
BUYER GAINS INSTANT EQUITY – Priced below value, offering approximately $50,000 in immediate equity for construction financing leverage
(SELLER FINANCING AVAILABLE) Prime Development Opportunity – 8,635 Sq Ft Vacant Double Lots located in the heart of Pomona!
Zoned under the Pomona Downtown Specific Plan – Mixed-Use High Density (MU-HD):
Zoning Allows: Mixed-Use, Attached Residential, and Commercial
Number of Stories: 3 Minimum / 6 Maximum
Zero Setback Requirement – Build to the edge
Density: 40–80 units per acre
Build 8 to 19 Units by Right
Eligible for 80% Density Bonus for Affordable Housing – Add up to 15 Additional Units
Perfect for Affordable University Student Housing Apartments
Nearby Colleges: Cal Poly Pomona, Western University of Health Sciences, Mt. San Antonio College (Mt. SAC), and the 5 Claremont Colleges.
Transit Oriented Development Opportunity:
Only 300 meters from the Pomona Regional Transit Center
As of Jan 1, 2023, California law exempts parking requirements for projects within ½ mile of major transit centers – This property qualifies
2 Blocks from Holt Ave Corridor – Walking distance to grocery stores, shops, and restaurants
Within 4 miles of the 60, 10, 57, and 71 Freeways
Lot is flat, level, and ready for development – Whether your vision is residential, commercial, or a high-density mixed-use project.
Strategically located in a rapidly transforming downtown district, this site offers unmatched upside for developers, investors, or builders looking to capitalize on Pomona's urban revitalization.
See Pomona Downtown Specific Plan's Mixed Use-High Density Residential Standards attached for detailed development guidelines.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POCIND
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 8336024023
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Special Listing Condition Standard
Read Less Info
Listed by Jeovanny Gonzalez Century 21 Allstars 323-509-7843