335 N. Gordon, Pomona, CA 91768 - CV24104225 - iPro Real Estate

For Sale

$452,000 $52.28 per sqft

Free Professional CMA

Listing ID : CV24104225

  • Lot Size

    8,646 Sqft

Description

What a great opportunity to own a piece of land in LA County with various options, thanks to this mixed-use lot! This fantastic development opportunity is perfect for first time builders and experienced developers. This lot is zoned under the Pomona Downtown Specific Plan, allowed for Mixed-Use, Attached Residential, or Commercial projects. You can build up to multiple-stories with a Mixed-Use, High-Density Residential Standard: 80 du/ac maximum, with an additional density bonus of up to 80% for affordable housing. This makes it perfect for affordable university student housing apartments, or other similar options. Or build 4 units to keep it within residential financing guidelines. The options on this lot are endless. Utilities are readily available on the street, and its close to several colleges, including Cal Poly Pomona, Western University of Health Sciences, Mt. SAC, and the 5 Claremont Colleges. The property has minimal setbacks (0 feet) and is just 1,000 feet from the Pomona Regional Transit Center. Starting January 1, 2023, California exempts developers from building parking spaces/structures for buildings within a half-mile of a major transit center, and this property qualifies for that exemption. Its just 2 blocks from the main Pomona corridor, Holt Ave, and within walking distance to grocery markets, theaters, and restaurants. Plus, its conveniently located near the 60, 10, 57, and 71 freeways. Dont miss out on this incredible opportunity to develop in a prime location with so many possibilities!

Details

Type: Land Sale 
County: Los Angeles 
Tax ID: 8336024023
Days on Market: 47 
Property Type: Land Sale 
Sub Type: Unimproved Land 

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34.061794 -117.753563 $452,000 CV24104225
335 N. Gordon, Pomona, CA 91768
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Listed by Erick Guzman with RE/MAX TOP PRODUCERS