Description
COUNTY ASSESSORS VALUATION: $470,260BUYER 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 CommercialNumber of Stories: 3 Minimum / 6 MaximumZero Setback Requirement " Build to the edgeDensity: 40"80 units per acreBuild 8 to 19 Units by RightEligible for 80% Density Bonus for Affordable Housing " Add up to 15 Additional UnitsPerfect for Affordable University Student Housing ApartmentsNearby 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 CenterAs of Jan 1, 2023, California law exempts parking requirements for projects within mile of major transit centers " This property qualifies2 Blocks from Holt Ave Corridor " Walking distance to grocery stores, shops, and restaurantsWithin 4 miles of the 60, 10, 57, and 71 FreewaysLot 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 Pomonas urban revitalization.See Pomona Downtown Specific Plans Mixed Use-High Density Residential Standards attached for detailed development guidelines.
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School Ratings & Info
Description
COUNTY ASSESSORS VALUATION: $470,260BUYER 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 CommercialNumber of Stories: 3 Minimum / 6 MaximumZero Setback Requirement " Build to the edgeDensity: 40"80 units per acreBuild 8 to 19 Units by RightEligible for 80% Density Bonus for Affordable Housing " Add up to 15 Additional UnitsPerfect for Affordable University Student Housing ApartmentsNearby 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 CenterAs of Jan 1, 2023, California law exempts parking requirements for projects within mile of major transit centers " This property qualifies2 Blocks from Holt Ave Corridor " Walking distance to grocery stores, shops, and restaurantsWithin 4 miles of the 60, 10, 57, and 71 FreewaysLot 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 Pomonas urban revitalization.See Pomona Downtown Specific Plans Mixed Use-High Density Residential Standards attached for detailed development guidelines.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-17T19:38:54.18. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.