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.