Pomona, CA91768
| MLS# DW24231577
Tract:
For Sale $420,260
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 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 Pomona’s urban revitalization. See Pomona Downtown Specific Plan’s Mixed Use-High Density Residential Standards attached for detailed development guidelines.
Facts
| Built in | Lot Size: 8635.00 sqft | HOA Dues: $0/month
Features
Listing provided by Jeovanny Gonzalez, Century 21 Allstars
Based on information from California Regional Multiple Listing Service, Inc. as of July 31, 2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.