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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$998,800

Est. payment - /mo

4 Beds

0.35 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25228781

Bedrooms 4

Lot Size 0.352 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional investment and redevelopment opportunity in the rapidly evolving Downtown Pomona corridora spacious duplex on an approximately 15,000 sq ft lot ( 0.34 acre) located just minutes from the newly opened LA Metro A Line (Pomona Station) connecting to Pasadena, DTLA, and Long Beach. Each residence features 2 bedrooms / 1 bath, fully rented and generating steady income while you prepare plans for a multi-unit infill project in one of the regions most transit-accessible growth zones. According to the City of Pomonas 2024 Zoning and Development Code, the sites scale and location may support medium-density residential redevelopmentpotentially 5 to 10 new units by right, with additional yield possible under Californias State Density Bonus Law or local transit-oriented overlays (buyer to verify with City Planning). The generous rectangular lot offers excellent frontage, flat topography, and convenient alley access, ideal for efficient site design and parking integration. Perfectly positioned near I-10, SR-71, SR-57, and SR-60 freeways, Western University of Health Sciences, and Pomonas Art Colony & Antique District, this property sits at the intersection of long-term appreciation and immediate cash flow. The area benefits from major public investment in housing and mobility, including Metrolink and Foothill Transit connections within blocks. Highlights ~15,000 sq ft lot with two (2) existing 2 bed / 1 bath units both leased Zoning context supports multi-unit redevelopment (buyer to confirm density, height, parking, setbacks) Near the LA Metro A Line extension (Sept 202

Location

State CA

County Los Angeles

Zoning Assessor

Direction EAST OF DUDLEY

Interior

Heating Floor Furnace

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 8357002067

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Eric Whiting, DRE#01300575 THE WHITING CO REALTORS, INC.

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1443-1443 Laurel Pomona, CA 91768