860 W 2nd St - Commercial LAND FOR SALE


Pomona, CA 91766 | 15,834 SF
$1,650,000 USD
310-985-9956
860 W 2nd St, Pomona, CA for Sale
$1,650,000 USD
Commercial LAND - FOR SALE
1/9
15,834 SF

860 W 2nd St
Pomona, CA 91766


HIGHLIGHTS

  • Multifamily residential use within the Downtown Pomona Specific Plan / R-MF district
  • Current development study illustrates 52 total units under the State Density Bonus framework
  • Current scheme includes 44 market-rate units and 8 affordable units
  • Architectural study provides a practical basis for evaluating unit mix, parking, open space and building form

OVERVIEW

Residential Development Opportunity – Up to 52 Units Excellent residential development opportunity located at 860 W 2nd St, Pomona, CA 91766, near Downtown Pomona. Strategically located in the Downtown Pomona Specific Plan, this high-density multifamily site qualifies for full Opportunity Zone tax deferrals and sits within a high-unemployment TEA, making it an ideal, job-creation-heavy asset for EB-5 project integration The property offers a by-right density of up to 26 residential units, with a Density Bonus Study indicating potential for up to 52 units, presenting an attractive opportunity for multifamily developers and investors. Development Highlights: Residential Development Land By-Right Density: Up to 26 Units Density Bonus Study: Up to 52 Units Strong Multifamily Development Potential Ideal for Developers and Investors Buyer to independently verify zoning, density, Density Bonus eligibility, development potential, and all other property information with the City of Pomona and applicable governmental agencies.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/ACRE

$4,538,640/AC

PRICE/SF

$104 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

SIGNALIZED CORNER DOUBLE LOT

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.36 AC

LAND SF

15,836 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C3*

APN/PARCEL ID

8342-006-004,8342-006-005

ASK ABOUT THIS PROPERTY

Christine LiHarvest Realty DevelopmentMore Info
310-985-9956

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Christine LiHarvest Realty DevelopmentMore Info
310-985-9956

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