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.
Bathrooms
0
Lot Size
23,538 sqft
Days on Market
366
HOA Fee
N/A
MLS #
26863291
Lot Features
Flat
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features