1932 S Garey Ave - Commercial LAND FOR SALE


Pomona, CA 91766 46,609 SF
$1,995,000 USD
818-288-0697
1932 S Garey Ave, Pomona, CA for Sale
$1,995,000 USD
Commercial LAND - FOR SALE
1/4
46,609 SF

1932 S Garey Ave
Pomona, CA 91766


HIGHLIGHTS

  • 1.07 Acres (Two Legal Parcels)
  • High-Density Multifamily Development Opportunity
  • CO-SP Zoning | T4-A Transect Designation
  • Up to 70 Units Per Acre (Buyer to Verify)
  • Approximately 166' Frontage on S. Garey Avenue
  • Immediate Access to the 60 & 71 Freeways

OVERVIEW

Investment Overview BRC Advisors is pleased to present this exceptional multifamily development opportunity consisting of approximately 1.07 acres (two legal parcels) located along highly visible S. Garey Avenue in the City of Pomona, California. Positioned within the rapidly transforming Pomona Corridor, this offering presents a rare opportunity to acquire a well-located infill development site in one of Southern California's most active redevelopment markets. The property offers approximately 166 feet of frontage along S. Garey Avenue, providing outstanding visibility, accessibility, and street presence. The site is currently vacant, allowing a developer to immediately begin the entitlement and development process without concerns associated with existing tenant relocation or demolition. Development Opportunity The property is designated CO-SP (Corridor Specific Plan) with T4-A Transect Zoning under the Pomona Corridor Specific Plan. According to the City's planning guidelines, the zoning allows for high-density residential and mixed-use development of up to approximately 70 dwelling units per acre (Buyer to independently verify with the City of Pomona). This flexible zoning creates an outstanding opportunity for a variety of residential product types, including: • Multifamily Apartments • Townhomes • Mixed-Use Residential • Live/Work Developments • Workforce Housing • Transit-Oriented Residential Projects Developers seeking high-density residential opportunities within Los Angeles County will recognize the scarcity of entitled and developable land of this size and location. Excellent Location The property enjoys exceptional regional accessibility with immediate access to the 60 and 71 Freeways, while also providing convenient connectivity to the 10 and 57 Freeways. This central location provides convenient access throughout Los Angeles, Orange, Riverside, and San Bernardino Counties. Strong Demographics & Housing Demand The surrounding area benefits from a dense residential population, strong employment centers, and continued demand for quality housing. Major nearby employers and institutions include: • Cal Poly Pomona • Western University of Health Sciences • Pomona Valley Hospital Medical Center • Los Angeles County Fairplex • Pomona Unified School District These institutions continue to generate strong housing demand from students, faculty, healthcare professionals, and working families. Retail & Lifestyle Amenities Residents will benefit from immediate proximity to numerous national retailers, restaurants, grocery stores, and neighborhood services including: • Target • Walmart • Ross Dress for Less • Food 4 Less • Cardenas Markets • WinCo Foods • Starbucks • Planet Fitness • Chase Bank • Wells Fargo • CVS Pharmacy • Walgreens • Numerous national and local restaurants The surrounding commercial infrastructure makes this an attractive location for future residents. Pro-Housing Growth Market The City of Pomona continues to encourage quality infill residential development through the Pomona Corridor Specific Plan and other redevelopment initiatives focused on revitalizing major commercial corridors. Growing housing demand, limited available land inventory, and continued public investment make this corridor attractive for long-term residential investment. Investment Highlights • Approximately 1.07 Acres • Two Legal Parcels • Approximately 166 Feet of Frontage • CO-SP Zoning • T4-A Transect Designation • Up to Approximately 70 Units Per Acre (Buyer to Verify) • Excellent Infill Development Opportunity • Immediate Freeway Access • Minutes to Cal Poly Pomona • Strong Demographics • High Housing Demand • Surrounded by National Retailers • Excellent Long-Term Appreciation Potential Disclaimer All information has been obtained from sources deemed reliable but has not been verified. Buyer shall independently verify all information, including zoning, allowable uses, development standards, density, utility availability, entitlement requirements, environmental conditions, and all matters relating to the property with the City of Pomona and other appropriate governmental agencie

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/ACRE

$1,864,486/AC

PRICE/SF

$43 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1932-1940 S Garey Ave Pomona

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units

LAND ACRES

1.07 AC

LAND SF

46,609 SF

OFFSITE IMPROVEMENTS

-

ZONING

CO-SP

APN/PARCEL ID

8331-001-002,8331-001-003

ASK ABOUT THIS PROPERTY

Avi NarangBRC Advisors - BH, Inc.More Info
818-288-0697

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Avi NarangBRC Advisors - BH, Inc.More Info
818-288-0697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.