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$452,000
Est. payment /mo
8,633 Sqft Lot
UPDATED:
12/23/2024 08:16 PM
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
(SELLER FINANCING AVAILABLE) 8,635 Sq Ft, Vacant Double Lots situated in the heart of Pomona. Zoned under the Pomona Downtown Specific Plan; Zoned for Mixed-Use, Attached Residential, Commercial; Number of stories: 3 minimum/6 maximum; Zero Setback Requirement for this Property; Density (units/acre) 40 to 80; Minimum 8 Units/Maximum 19 units; Density Bonus up to 80% for Affordable Housing, which allows developer to add 15 more units; Perfect for Affordable University Student Housing Apartment. Colleges nearby: Cal Poly Pomona, Western University of Health Sciences, Mt. SAC, the 5 Claremont Colleges. Pomona Regional Transit Center is 300 meters from this property. As of January 1, 2023, California exempted developers from building parking spaces/structures for complexes within a half mile of a major transit center. This property qualifies for that exemption. 2 blocks from main Pomona corridor, Holt Ave. Multiple grocery markets and restaurants within walking distance. Property within four miles of the 60, 10, 57, and 71 Freeways. The lot features a flat, level terrain, ready for immediate development, whether for residential, commercial, or a combination of both. Strategically located in a rapidly evolving neighborhood, this property is ideal for investors and developers looking to maximize returns in a high-demand area. See the Pomona Specific Plan's Mixed Use-High Density Residential Standards attached.
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
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Listed by Jeovanny Gonzalez • Century 21 Allstars • 323-509-7843
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Scott Woodburn
Real Estate Professional Knowledge Broker | License ID: 01185194
Real Estate Professional Knowledge Broker License ID: 01185194