Description
Great development opportunity in Los Angeles County for builders and developers. This prime location is zoned under the Pomona Downtown Specific Plan for Mixed-Use, Attached Residential, or Commercial. It allows for a 6-story structure with a Mixed-Use, High-Density Residential Standard: 80 du/ac Maximum; Density Bonus up to 80% for Affordable Housing. Perfect for Affordable University Student Housing Apartment. Utilities are on the street. Colleges nearby: Cal Poly Pomona, Western University of Health Sciences, Mt. SAC, the 5 Claremont Colleges. Minimum Setbacks (0 feet). Pomona Regional Transit Center 1,000 feet from property. As of January 1, 2023, California will exempt developers from building parking spaces/structures for buildings within a half-mile of a major transit center. This property qualifies for that exemption. 2 blocks from main Pomona corridor, Holt Ave. Walking distance to grocery markets, theaters, and restaurants. Property is close to 60, 10, 57, and 71 Freeways. Compass will pay commission of 5% for any accepted offer. Contact Andy Kramer; all offers will be considered.
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School Ratings & Info
Description
Great development opportunity in Los Angeles County for builders and developers. This prime location is zoned under the Pomona Downtown Specific Plan for Mixed-Use, Attached Residential, or Commercial. It allows for a 6-story structure with a Mixed-Use, High-Density Residential Standard: 80 du/ac Maximum; Density Bonus up to 80% for Affordable Housing. Perfect for Affordable University Student Housing Apartment. Utilities are on the street. Colleges nearby: Cal Poly Pomona, Western University of Health Sciences, Mt. SAC, the 5 Claremont Colleges. Minimum Setbacks (0 feet). Pomona Regional Transit Center 1,000 feet from property. As of January 1, 2023, California will exempt developers from building parking spaces/structures for buildings within a half-mile of a major transit center. This property qualifies for that exemption. 2 blocks from main Pomona corridor, Holt Ave. Walking distance to grocery markets, theaters, and restaurants. Property is close to 60, 10, 57, and 71 Freeways. Compass will pay commission of 5% for any accepted offer. Contact Andy Kramer; all offers will be considered.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-22T12:29:06.507. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.