880 W Second Street, Pomona, CA 91766

$750,000
Sold Price
$750,000
List Price
$850,000
Closing Date
Sep 21, 2023
Status
CLOSED
MLS#
SB22245115
Lot Size
15,830
Acres
0.36
Lot Location
0-1 Unit/Acre
Days on Market
178
Property Type
Land

Property Description

We proudly present these 2 Adjacent vacant lots: 880 W Second Street (APN 8342-006-004) and 862 W Second Street (APN 8342-006-005) located in Pomona, CA. The potential development allows up to 26 standard units to be built at up to four stories high, or as many as 47 units if the building is all affordable housing/low income (see State of California Government Code, Section 65915: Density Bonus for Housing Development). These combined 15,830 SqFt Lots are situated right on the corner of two main streets within only a few blocks of the Downtown Area in the City of Pomona. This 135x120 foot lot has a very flat surface - VERY favorable dimensions for any prospective developer. It is zoned as Residential- Multifamily within the Downtown Pomona Specific Plan. Buyer to verify all development potential with the City Planning Department. This Is a great opportunity for any developer looking to take advantage of the growing submarket of Pomona from the ground up.

Additional Information

View
Mountain(s)
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: John Stiegler II (johnnie@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Listing sold by John Stiegler II from Lyon Stahl Investment Real Estate, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.