Pomona, CA 91766,880 W Second
Pomona, CA 91766,880 W Second
Pomona, CA 91766,880 W Second
31
$750,000
$850,000
11.8%
Est.Price: ?

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880 W Second Pomona, CA 91766

Est. payment /mo
SOLD DATE : 09/21/2023

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Key Details

Sold Price $750,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22245115

Property Sub-Type Lots/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.

Location

State CA

County Los Angeles

Exterior

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MLS Router / San Diego MLS
Listed by John Stiegler II Lyon Stahl Investment Real Estate, Inc.
Bought with John Stiegler II Lyon Stahl Investment Real Estate, Inc.

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Dave Dennis

Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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