1175 E Holt Ave Pomona, CA 91767

Listing office Amax Realty i***@hotmail.com Show Phone

Listing date May 24, 2024

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Investment Insights

Based on property information with market context.

This property features an approximately 23,852 sq ft lot zoned for mixed-use, residential, or commercial purposes within the City Gateway Segment of the Pomona Corridors Specific Plan. The zoning allows for a maximum height of 3 stories and potentially zero front and side setbacks. The site is suitable for retail spaces, apartment buildings, or condominiums, with a density bonus of up to 80% available for affordable housing. The property is located approximately 0.1 mile from the Holt and Clark bus stop, 0.6 miles from Foothill Transit, and 1.4 miles from Western University of Health Science, with close proximity to other colleges and universities. It is considered an ideal location for a high-density development project. The site currently includes a single-story, free-standing building of approximately 1,419 sq ft, previously used as a fast-food restaurant. The property also features 30 surface parking spaces. The existing building allows for immediate use while pursuing entitlements for future development.

Key Highlights

• Large 23,852 sq ft lot with mixed‑use zoning.
• High‑density development potential with a density bonus up to 80% for affordable housing.
• Excellent location: close to transportation, Western University of Health Science, and other colleges/universities.

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FAQs

What type of property is this?

Commercial land - 23,852 sq ft lot ideal for development.

Where is this commercial land located?

The property is located at 1175 E Holt Ave Pomona, CA.

What is the asking price?

The asking price for this property is $1,080,000.

What are key features of this property?

This property features: Large 23,852 sq ft lot with mixed‑use zoning.; High‑density development potential with a density bonus up to 80% for affordable housing.; Excellent location: close to transportation, Western University of Health Science, and other colleges/universities.