Multifamily development opportunity in the heart of Pomona. This 23,568 SF infill site is zoned Corridor Specific Plan (CO-SP), with the potential to develop approximately 37 residential units (buyer to verify). Ideally located in Pomona's Midtown district, the property offers convenient access to major freeways, public transit, and regional employment centers. The surrounding area benefits from a strong and growing renter population, with nearly 40% renter occupancy and more than 104,000 households within a 5-mile radius, supporting long-term rental demand. Combined with average household incomes exceeding $100,000 and attractive entry pricing relative to neighboring Los Angeles County markets, this site presents a compelling opportunity for developers and investors seeking to capitalize on one of the region's strongest workforce and market-rate housing markets.
Listing courtesy of Listing Agent: Nitti Kaur (nitti@a360capital.com) from Listing Office: Pellego, Inc..
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.