Entitled Commercial Land Development
For Sale
Contact for pricing
424 - 446 W Commercial Street, Pomona, CA 91768
Approved plans provide for family apartments, ground-level parking, and space for retail or a community center.
Property SizeContact for details
Days on Market145
Property Features for 424 - 446 W Commercial Street
General Information
Standard status
Active
Property subtype
Land, Multifamily, Mixed Use
Listing Agency:
Korek Land Company Inc
(818) 787-3077
Listed By:
Deanne Boublis · License #CA 00861992
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Korek Land Company Inc
Investment Insights
Based on property information with market context.
This commercial land parcel is positioned for an entitled residential development with CUP and design approvals granted in May 2016. The approved concept includes 61 all-affordable family apartment units arranged across three residential stories above a ground-level parking podium. Planned homes comprise 20 one-bedroom units measuring 600 SF, 21 two-bedroom units measuring 800 SF, and 20 three-bedroom units measuring 1,100 SF. The plan also allocates 2,100+/- SF at ground level for retail or a community center.
The site is in Downtown Pomona near Western University, Antique Row, the Pomona Civic Center, and the Pomona School of Fine Arts. Access to I-10 and Highway 71 is available, and the Pomona Regional Transit center is less than 3 blocks away.
The site is in Downtown Pomona near Western University, Antique Row, the Pomona Civic Center, and the Pomona School of Fine Arts. Access to I-10 and Highway 71 is available, and the Pomona Regional Transit center is less than 3 blocks away.
Key Highlights
- Approved CUP and design plans granted in May 2016
- 61 all‑affordable family apartment units planned
- Unit mix includes 20 1‑bedroom, 21 2‑bedroom, and 20 3‑bedroom units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 91768, CA
35,568
Population
8,848
Households
4
Avg Household Size
31
Median Age
14%
College-Educated
70%
High-School Grad
8.2 sq mi
ZIP Area
4,338
Density / Sq Mi
$76,313
Median Household Income
$32,461
Median Earnings
$1,606
Median Rent
$536,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Approved plans provide for family apartments, ground-level parking, and space for retail or a community center.
Where is this commercial land located?
The property is located at 424 - 446 W Commercial Street Pomona, CA.
What are key features of this property?
This property features: Approved CUP and design plans granted in May 2016; 61 all‑affordable family apartment units planned; Unit mix includes 20 1‑bedroom, 21 2‑bedroom, and 20 3‑bedroom units
