335 North Gordon St Pomona, CA 91768

Located in Pomona, California, this property features 8,635 square feet of vacant double lots. Zoned under the Pomona Downtown Specific Plan as Mixed-Use High Density (MU-HD), the zoning allows for mixed-use, attached residential, and commercial developments. The property is located only 300 meters from the Pomona Regional Transit Center. As of January 1, 2023, California law exempts parking requirements for projects within 1/2 mile of major transit centers, and this property qualifies. The number of stories allowed is 3 minimum to 6 maximum, with a zero setback requirement. Density is between 40 and 80 units per acre, allowing for 8 to 19 units by right. It is eligible for an 80% density bonus for affordable housing, potentially adding up to 15 additional units. The site is suitable for affordable university student housing apartments, with nearby colleges including Cal Poly Pomona, Western University of Health Sciences, Mt. San Antonio College (Mt. SAC), and the 5 Claremont Colleges. The lots are two blocks from Holt Ave Corridor, within walking distance to grocery stores, shops, and restaurants, and within 4 miles of the 60, 10, 57, and 71 Freeways. The lot is flat, level, and ready for development, suitable for residential, commercial, or high-density mixed-use projects. The County Assessor’s valuation is $470,260.