Located within Pomona's Corridor Specific Plan (CO-SP), this 23,568 SF site offers zoning for up to 70 units per acre, making it ideal for maximizing multifamily development potential. The property benefits from strong renter demographics, with nearly 40% of households renter-occupied among 104,000+ households within a 5-mile radius, supporting long-term… Read More rental demand. Pomona provides attractive entry pricing compared to neighboring LA County cities, yet growing demand creates a strong upside for investors. This rare infill opportunity can accommodate up to 37 units, allowing savvy developers to expand their portfolios in a high-demand rental market. Strategically located in Pomona's Midtown segment, the site is minutes from major freeways, transit lines, and regional employment centers. Population growth is projected to remain stable through 2029, and average household incomes exceed $100,000 within a 5-mile radius, supporting both workforce and market-rate housing demand. Read Less
Listing Snapshot
Days Online
143
Last Updated
Property Type
Other
Lot Size
0.54 Acres
Year Built
1949
MLS Number
25523411
30 Days Snapshot Of 91766
$670k
+4%
(avg) sold price
17
+21%
homes sold
96
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1949
Lot
0.541 acres, 23,568 square feet, Size: 23,568
Property
Zoning: CO-SP
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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