2478 Arrow Hwy - Commercial LAND FOR SALE


La Verne, CA 91750 30,492 SF
$2,650,000 USD
626-786-5869
2478 Arrow Hwy, La Verne, CA for Sale
$2,650,000 USD
Commercial LAND - FOR SALE
1/8
30,492 SF

2478 Arrow Hwy
La Verne, CA 91750


HIGHLIGHTS

  • TOD Mixed-Use Development Opportunity
  • Directly Adjacent to Pomona Fairplex, Home of LA County Fair and One Block Away from University of La Verne
  • Across the Street from La Verne's New Metro Gold Line Light Rail Station and Metrolink Commuter Rail
  • Across the Street from Potential Future 367-Unit Multifamily Development
  • High Traffic Count: Approximately 32,000 VPD
  • Location has a High Tenant Demand with Submarket Occupancy, Ideal for Student Housing

OVERVIEW

TOD Mixed-Use Development Opportunity on one of La Verne's Main Thoroughfares This ± 0.7 AC site has an existing ± 8,928 SF auto repair building that can be a redevelopment or reposition opportunity The property is in a prime location in Old Town La Verne: • Directly adjacent to Pomona Fairplex (Home of LA County Fair) • Across the Street from La Verne's New Metro Gold Line Light Rail Station and Metrolink Commuter Rail • Across the Street from Potential Future 367-Unit Multifamily Development Project (already entitled) • One Block Away from the University of La Verne and within a five-mile radius, residents have easy access to other prestigious educational institutions such as the Claremont Colleges, Cal Poly Pomona, and Western University. Site is zoned Mixed-Use 2, which would allow approximately 70 units/AC and 84 Ft maximum height (see attached flyer for development standard information)

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/ACRE

$3,785,714/AC

PRICE/SF

$87 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

±0.7 AC TOD Mixed Use Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use

LAND ACRES

0.7 AC

LAND SF

30,492 SF

OFFSITE IMPROVEMENTS

-

ZONING

LVPID

APN/PARCEL ID

8378-015-009

ASK ABOUT THIS PROPERTY

Jorge YamzonLEVEL UP PROPERTY & ANCHOR ASSET MANAGMENTMore Info
626-786-5869

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Jorge YamzonLEVEL UP PROPERTY & ANCHOR ASSET MANAGMENTMore Info
626-786-5869

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