Description
Prime mixed use project in final stages for ttm approval for 64 units and 4,000sf commercial on garey ave with 28,000+ cars a day traffic count in an opportunity zone in near historic-downtown pomona with an easy walk to central transit hub along with all downtown /city hall amenities along with the local artisan museums, medical school.
see attached proforma and elevations as numbers show with 2024 rents the project has the ability after buildout to stabilization the builder/investor should have a new property with a 8.5% cap rate and if held for 10 years from close of escrow and owner meets all opportunity requirements then a potential of all profit federal tax free ( buyer to verify with their tax/legal consultants). call for rent survey.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48646095
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Property Details
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2682
- Lot Size Source: Assessor
- Lot Size Square Feet: 11684
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Listing Information
Listing Price Information
- Original List Price: 2,950,000
- Listing Contract Date: 2025-02-18
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 8336021027
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 687 - Pomona
- Postal Code Plus 4: 5434
- Directions: Corner of Center Street and N Garey
- Zoning: POC4*
- Source Property Type: Land
- Area: 687 - Pomona
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/06/2025 @ 01:31
- MLS: OC25035910
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 11,684 sized lot, and 0 parking. are nearby neighborhoods.