335 North Gordon ST Active Save Request In-Person Tour Request Virtual Tour
Pomona,CA 91768
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW24231577
Lot Size 8,635 Sqft
Property Sub-Type Other Residential Land
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
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning D0
Exterior
View None
Building
Water Other
Others
Special Listing Condition Not Applicable