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Additional details
Listed by Jeovanny Gonzalez • Century 21 Allstars
$420,260
Est. payment /mo
8,635 Sqft Lot
UPDATED:
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
Source California Regional MLS
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
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Building
Water Other
Others
Tax ID 8336024023
Special Listing Condition Not Applicable
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