$2,550,000 Price Analysis   ♡   Pomona, CA 91766 6 bed 5 bath 1,455 SqFt ($1752/SqFt) 2.96 acre lot. Built 1927 Listed 2023-09-11, Taxes $3,983 | Ⓧ USDA Ineligible due to price & location near Pomona |
Unprecedented Development Opportunity: 2.96 Acres with Multitude of Units.
This is, an extraordinary development opportunity awaits the discerning investor and visionary developer. This exceptional listing comprises two expansive lots spanning a total of 2.96 acres for your next grand project. Whethr you're an experienced developer or an enthusiast with a keen eye for potential, this unique opportunity awaits. Prime Zoning and Potential: According to the City of Pomona, the property has a R1600 zoning designation, further enhanced by a state overlay SB330. These favorable zoning regulations pave the way for a potential construction of up to 25 units on APN 8343-018-022 and an additional 18 units on APN 8343-018-008. A remarkable t otal of 43 units can be envisioned on these combined lots. Buyers are encouraged to independently verify this information with the City of Pomona to ensure alignment with their development aspirations. Primary Lot: The primary lot features a single-family residence, encompassing 1, 455 sq.
ft. of living space. This home offers 2 bedrooms and 1 bath, providing a comfortable living environment. Additionally, a converted garage now serves as a versatile Studio Apartment with a shower. Secondary Lot: The secondary lot presents three distinct units. The main house at 1406 Prospect Avenue has an est. 750 sq. ft and includes 2 bedrooms and 1 bath. Adjacent to this, a separate 2 bedroom, 1 bath apartment and completing this trio of units, a Studio apartment with its own kitchen and shower, offering functionality and privacy. Each of these units is equipped with its own meters, utilities and individual addresses, ensuring convenience and autonomy. Views and Accessibility: One of the standout features of this property is the view from the front, which adds a touch of serenity and natural beauty to your future development. Moreover, the dual access points to both the front and rear sides of the lots, as seen in the provided pictures and drone video, enhance the accessibility and versatility of this remarkable property. Don't miss this unparalleled opportunity to shape the future of this expansive canvas in Pomona. Embrace the potential, envision the possibilities and embark on your next extraordinary development venture today. The city's commitment to progress awaits your creative vision. Contact us for further details and seize this remarkable opportunity
Presented by Paul Villarreal at
First Team Real Estate.
Property MLS #CV23169766 from CRMLS
Bedrooms On Main Level: 6
Full Bathrooms: 2
3/4 Bathrooms: 3
Bathrooms On Main Level: 5
Additional Parcels: Yes
Lot Description: 2-5 Units/Acre
Lot Size Acres: 2.96
Lot Size Source: Assessor
Lot Size Square Feet: 128938
Pool Private: Yes
Garage Description: Detached
Parking Total: 1
Map directions Map directions Map directions Map directionsCounty: Los Angeles
Directions: 71 fwy ext Mission go East, make a right on Dudley then turn left on Phillips, then Rt on Prospect
Source Property Type: Residential
Area: 687 - Pomona
Source Neighborhood: 687 - Pomona
Parcel Number: 8343018022
Postal Code Plus 4: 4217
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $36,921 + $246,697 $283,618 | $3,983 |
| 2021 | $36,198 + $241,860 $278,058 | $3,894 |
| 2020 | $35,827 + $239,381 $275,208 | $3,881 |
| 2019 | $35,125 + $234,688 $269,813 | $3,972 |
| 2018 | $34,437 + $230,087 $264,524 | $3,585 |
| 2017 | $33,762 + $225,576 $259,338 | $3,526 |
| 2016 | $33,100 + $221,153 $254,253 | $3,368 |
| 2015 | $32,603 + $217,832 $250,435 | $3,340 |
| 2014 | $31,965 + $213,565 $245,530 | $3,361 |
| 2013 | $31,821 + $212,600 $244,421 | $3,334 |
| 2012 | $31,198 + $208,432 $239,630 | $3,343 |
| 2010 | $30,587 + $204,346 $234,933 | $3,228 |
| 2009 | $30,432 + $203,301 $233,733 | $3,139 |
| 2009 | $30,359 + $202,819 $233,178 | $3,139 |
| 2008 | $29,836 + $199,315 $229,151 | $2,997 |
| 2007 | $29,251 + $195,407 $224,658 | $2,906 |
$2,550,000
CRMLS
Listed 2023-09-11
$2,700,000
CRMLS
Sold 1979-11-30
$63,500
Public Record
Year Built: 1927
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Main floor
Living Area Source: Assessor
Property Age: 97
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.