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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.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 6/25/2025 | Year Built | 0 |
|---|---|---|---|
| Community | 687 - Pomona | County | Los Angeles |
Price History
| Prior to Apr 9, '25 | $452,000 |
|---|---|
| Apr 9, '25 - Jun 25, '25 | $398,500 |
| Jun 25, '25 - Today | $420,260 |
Additional Details
| AREA | 687 - Pomona |
|---|---|
| LOT | 8634 sq ft |
| VIEW DESCRIPTION | None |
| WATER | See Remarks |
Location
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Listed with Century 21 Allstars
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