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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:
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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.
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