400 E 4th

    Pomona, CA 91766
    • $549,000
    • STATUS: ACTIVE
    • ON SITE: 98 days
    • ID#: 301879660
    UPDATED: 19 min ago
    $549,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    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 6Story mixed-use e. g. commercial, institutional, and multiple attached residential units. There are only three buildings in Downtown Pomona that are 6 stories. Tax incentives are available--this property is located in an IRS Qualified Opportunity Zoning area. In January 2019, Los Angeles Metro gave Gold Line 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 6Story mixed-use e. g. commercial, institutional, and multiple attached residential units. There are only three buildings in Downtown Pomona that are 6 stories. Tax incentives are available--this property is located in an IRS Qualified Opportunity Zoning area. In January 2019, Los Angeles Metro gave Gold Line $97 million to build out to Pomona. This property is a 9-minute walk (640-meters) to the Pomona Downtown Metrolink station. Based on consultation with the City of Pomona, one feasible use of this lot is desperately needed student housing for local university students at Western University, Cal Poly Pomona, the Claremont Colleges, and Mt. SAC. This concept design is a 6-story 24-unit residential complex with enclosed surface-level parking22 parking spaces. 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 doors that 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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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/100734049

    400 E 4th Pomona, CA 91766

    • Price: $549,000
    • Status: ACTIVE
    • Updated: 19 min ago
    • ID#: 301879660
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    Pomona (91766)
    County:
    Los Angeles
    Area:
    Pomona (91766)
    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 6Story mixed-use e. g. commercial, institutional, and multiple attached residential units. There are only three buildings in Downtown Pomona that are 6 stories. Tax incentives are available--this property is located in an IRS Qualified Opportunity Zoning area. In January 2019, Los Angeles Metro gave Gold Line 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 6Story mixed-use e. g. commercial, institutional, and multiple attached residential units. There are only three buildings in Downtown Pomona that are 6 stories. Tax incentives are available--this property is located in an IRS Qualified Opportunity Zoning area. In January 2019, Los Angeles Metro gave Gold Line $97 million to build out to Pomona. This property is a 9-minute walk (640-meters) to the Pomona Downtown Metrolink station. Based on consultation with the City of Pomona, one feasible use of this lot is desperately needed student housing for local university students at Western University, Cal Poly Pomona, the Claremont Colleges, and Mt. SAC. This concept design is a 6-story 24-unit residential complex with enclosed surface-level parking22 parking spaces. 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 doors that 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

    Site Corner Lot View N/K

    Property Features

    Home Owners Fees 0 Terms CashConventionalSeller May Carry Water Other/Remarks Zoning Poc3*

    Listing provided courtesy of Re/Max Top Producers. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130