400 E 4th Street

    Pomona, CA 91766
    • $549,000
    • STATUS: Active
    • ON SITE: 250 days
    • ID#: CV19139008
    Price Reduced
    UPDATED: 217 min ago
    $549,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    Great Investment Opportunity. This .175 acre-corner (7,653 square feet) lot is in the Pomona Downtown Corridor (Los Angeles County)adjacent to Western University of Health Sciences and is zoned for 6+GGStory mixed-use e. g. commercial, institutional, and multiple attachedresidential units. There are only three buildings in Downtown Pomona that are 6 stories. Tax incentives are available--this property is locatedin an IRS Qualified Opportunity Zoning area. In January 2019, Los Angeles Metro gave Gold Line $97 million to build out to Pomona. Thisproperty is a 9-minute walk (640-meters) to the Pomona Downtown Metrolink station. Based on consultation with the City of Pomona, onefeasible use of this lot is desperately needed student housing for local university students at Western University, Cal Poly Pomona, theClaremont Colleges, and Mt. SAC. This concept design is a 6-story 24-unit residential complex with enclosed surface-level parking+GG22 parkingspaces. There are 6 units on 4 floors in this complex. Each of the 24 units are 720 sq. ft. studios with 2 full bathrooms and retractable sliding doorsthat effectively divides the unit into 3 distinct living spaces within the studio, which means that each unit is suitable for 2-3 residents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-18T00:25:59.5. 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.

    www.bestlahomefinder.com/homes/95841728

    400 E 4th Street Pomona, CA 91766

    • Price: $549,000
    • Status: Active
    • Updated: 217 min ago
    • ID#: CV19139008
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    687 - Pomona
    County:
    Los Angeles
    Area:
    687 - Pomona
    Property Description
    Great Investment Opportunity. This .175 acre-corner (7,653 square feet) lot is in the Pomona Downtown Corridor (Los Angeles County)adjacent to Western University of Health Sciences and is zoned for 6+GGStory mixed-use e. g. commercial, institutional, and multiple attachedresidential units. There are only three buildings in Downtown Pomona that are 6 stories. Tax incentives are available--this property is locatedin an IRS Qualified Opportunity Zoning area. In January 2019, Los Angeles Metro gave Gold Line $97 million to build out to Pomona. Thisproperty is a 9-minute walk (640-meters) to the Pomona Downtown Metrolink station. Based on consultation with the City of Pomona, onefeasible use of this lot is desperately needed student housing for local university students at Western University, Cal Poly Pomona, theClaremont Colleges, and Mt. SAC. This concept design is a 6-story 24-unit residential complex with enclosed surface-level parking+GG22 parkingspaces. There are 6 units on 4 floors in this complex. Each of the 24 units are 720 sq. ft. studios with 2 full bathrooms and retractable sliding doorsthat effectively divides the unit into 3 distinct living spaces within the studio, which means that each unit is suitable for 2-3 residents.
    Exterior Features

    Lot Features 0-1 Unit/AcreCorner Lot Lot Size Source Assessor Lot Size Units Square Feet Road Frontage Type City Street View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features FoothillsStreet LightsSuburban Country Us Distance To Water Comments 1 Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source See Remarks Zoning Poc3*

    Listing provided courtesy of Erick Guzman of Re/Max Top Producers


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-18T00:25:59.5. 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.

     
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