862 W 2nd St, Pomona, CA 91766

862 W 2nd St, Pomona, CA 91766

Pomona, CA
$850,000

Property Description

INVESTMENT HIGHLIGHTS

  • 15,830 SqFt Total
  • Close to Downtown Pomona
  • Development Potential: 24 Units, 4 Stories
  • Favorable Dimensions
  • Zone: Residential-Multifamily

EXECUTIVE SUMMARY

The STIEGLER TAKAHASHI INVESTMENT GROUP is proud to present 880 W Second Street (APN 8342-006-004) and 862 W Second Street (APN 8342-006-005) located in Pomona, CA. 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 135×120 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. There can be a total of 24 units built and be four stories high. 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.

Property Features

  • Sale Price: $850,000
  • Land Area: 15,830 Sq. Ft.
  • Listing Date: 11/28/2022