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Additional details
Listed by Eric Whiting • THE WHITING CO REALTORS, INC.
$1,440,000
Est. payment /mo
0.35 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25228781
Year Built 1953
Lot Size 0.352 Acres
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Exceptional investment and redevelopment opportunity in the rapidly evolving Downtown Pomona corridor-a spacious duplex on an approximately 15,000 sq ft lot (~ 0.34 acre) located just minutes from the newly opened LA Metro A Line (Pomona Station) connecting to Pasadena, DTLA, and Long Beach. Each residence features 2 bedrooms / 1 bath, fully rented and generating steady income while you prepare plans for a multi-unit infill project in one of the region's most transit-accessible growth zones. According to the City of Pomona's 2024 Zoning and Development Code, the site's scale and location may support medium-density residential redevelopment-potentially 5 to 10 new units by right, with additional yield possible under California's State Density Bonus Law or local transit-oriented overlays (buyer to verify with City Planning). The generous rectangular lot offers excellent frontage, flat topography, and convenient alley access, ideal for efficient site design and parking integration. Perfectly positioned near I-10, SR-71, SR-57, and SR-60 freeways, Western University of Health Sciences, and Pomona's Art Colony & Antique District, this property sits at the intersection of long-term appreciation and immediate cash flow. The area benefits from major public investment in housing and
Location
State CA
County Los Angeles
Area 687 - Pomona
Interior
Heating Floor Furnace
Cooling None
Laundry None
Exterior
Garage Spaces 7.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 8357002067
Special Listing Condition Not Applicable
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