CBRE, Inc. is pleased to present the Downtown Pomona Second Street portfolio, a rare transit-oriented development (TOD) opportunity in the heart of Downtown Pomona. This offering comprises eleven parcels across three city blocks, totaling approximately 1.94 acres (84,434 SF) of land area.
The portfolio may be acquired in its entirety by individual site groupings, providing investors and developers with flexible acquisition strategies in one of Southern California’s most dynamic and well-connected urban markets.
The portfolio consists of three site groupings:
Site A includes four parcels of land totaling ±23,429 square feet.
Site B includes one parcel of land totaling ±25,806 square feet.
Site C includes six parcels of land totaling ±35,199 square feet.
The portfolio is situated at and around Main Street and 2nd Street, directly adjacent to the Pomona Transit Center, which offers both Metrolink regional rail and Foothill Transit bus service. With a Walk Score of 90, the district is considered a walker’s paradise, surrounded by cultural anchors including the Fox Theater Pomona, The Glass House, and the Second Street Arts District. Regional access is supported by I-10, SR-71, and SR-60, as well as proximity to Ontario International Airport. Planned improvements such as Caltrans’ SR-71 expansion and SCAG’s Connect SoCal 2024 framework further emphasize Downtown Pomona as a hub for transit-oriented growth.
The properties are located within the Downtown Pomona Specific Plan and designated Mixed Use – Central Business District (MU-CBD), which allows a wide variety of residential, commercial, institutional, and arts-related uses with flexible density and building form standards, subject to City review. The area benefits from the presence of Western University of Health Sciences, California State Polytechnic University, Pomona (Cal Poly Pomona), and The Claremont Colleges. These institutions, along with continued infrastructure investment, contribute to a stable employment base and consistent pedestrian activity throughout the downtown.
This portfolio also benefits from several key legislative and economic drivers. The properties are located within a federally designated Opportunity Zone, offering potential advantages to qualified investors. California’s recently adopted SB 79 legislation is expected to support housing production and potential entitlement streamlining, and recent changes to CEQA may provide development advantages for transit-oriented projects near the Pomona Metrolink Station.