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Listed by Eric Whiting • THE WHITING CO REALTORS, INC.
$ 1,440,000
Est. payment | /mo
1,550 SqFt
$ 1,440,000
Est. payment | /mo
1,550 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,550 sqft
Price per Sqft $929
MLS Listing ID CRCV25228781
HOA Y/N No
Year Built 1953
Lot Size 0.352 Acres
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
Exceptional investment and redevelopment opportunity in the rapidly evolving Downtown Pomona corridor-a 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 region's most transit-accessible growth zones. According to the City of Pomona's 2024 Zoning and Development Code, the site's scale and location may support medium-density residential redevelopment-potentially 5 to 10 new units by right, with additional yield possible under California's 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 Pomona's 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 mobi
Location
State CA
County Los Angeles
Interior
Heating Floor Furnace
Cooling No Air Conditioning
Fireplace No
Laundry No Hookups
Building
Lot Description Other
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