Description
8,635 Sq Ft, Vacant Double Lots situated in the heart of Pomona. Zoned under the Pomona Downtown Specific Plan; Zoned for Mixed-Use, Attached Residential, Commercial; Number of stories: 3 minimum/6 maximum; Zero Setback Requirement for this Property; Density (units/acre) 40 to 80; Minimum 8 Units/Maximum 19 units; Density Bonus up to 80% for Affordable Housing, which allows developer to add 15 more units; Perfect for Affordable University Student Housing Apartment. Colleges nearby: Cal Poly Pomona, Western University of Health Sciences, Mt. SAC, the 5 Claremont Colleges. Pomona Regional Transit Center is 300 meters from this property. As of January 1, 2023, California exempted developers from building parking spaces/structures for complexes within a half mile of a major transit center. This property qualifies for that exemption. 2 blocks from main Pomona corridor, Holt Ave. Multiple grocery markets and restaurants within walking distance. Property within four miles of the 60, 10, 57, and 71 Freeways. The lot features a flat, level terrain, ready for immediate development, whether for residential, commercial, or a combination of both. Strategically located in a rapidly evolving neighborhood, this property is ideal for investors and developers looking to maximize returns in a high-demand area. See the Pomona Specific Plans Mixed Use-High Density Residential Standards attached.
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School Ratings & Info
Description
8,635 Sq Ft, Vacant Double Lots situated in the heart of Pomona. Zoned under the Pomona Downtown Specific Plan; Zoned for Mixed-Use, Attached Residential, Commercial; Number of stories: 3 minimum/6 maximum; Zero Setback Requirement for this Property; Density (units/acre) 40 to 80; Minimum 8 Units/Maximum 19 units; Density Bonus up to 80% for Affordable Housing, which allows developer to add 15 more units; Perfect for Affordable University Student Housing Apartment. Colleges nearby: Cal Poly Pomona, Western University of Health Sciences, Mt. SAC, the 5 Claremont Colleges. Pomona Regional Transit Center is 300 meters from this property. As of January 1, 2023, California exempted developers from building parking spaces/structures for complexes within a half mile of a major transit center. This property qualifies for that exemption. 2 blocks from main Pomona corridor, Holt Ave. Multiple grocery markets and restaurants within walking distance. Property within four miles of the 60, 10, 57, and 71 Freeways. The lot features a flat, level terrain, ready for immediate development, whether for residential, commercial, or a combination of both. Strategically located in a rapidly evolving neighborhood, this property is ideal for investors and developers looking to maximize returns in a high-demand area. See the Pomona Specific Plans Mixed Use-High Density Residential Standards attached.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-10T11:25:00.733. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.