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    1175 Holt Ave Pomona, CA 91767

    Sponsored
    For Sale
    $1,080,000

    Prime 23,852 SF lot, 1,419 SF building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 23,852 square foot lot presents a remarkable investment or owner-user opportunity in Pomona, California. Located in the City Gateway Segment of the Pomona Corridors Specific Plan, this mixed-use property boasts PCC4-T3 zoning, allowing for a variety of development possibilities. The existing 1,419 square foot building, constructed in 1973 and previously used as a fast-food restaurant, offers immediate income potential for an owner-user while plans for future development are pursued. The property includes 30 surface parking spaces, a significant asset for any commercial venture. The zoning permits up to three stories, with the potential for zero front and side setbacks, maximizing development density. A density bonus of up to 80% is available for affordable housing projects. This location is highly desirable, situated approximately 0.1 miles from a busy bus stop at Holt and Clark, 0.6 miles from Foothill Transit, and 1.4 miles from Western University of Health Sciences. Its proximity to colleges and universities makes it ideal for high-density development, such as retail spaces, apartment buildings, or condominiums. The property's address is 1175 E Holt Ave, Pomona, CA 91767, with APN 8323016024. The asking price is $1,080,000, translating to $45.28 per square foot of land value. Detailed zoning information can be found on the City of Pomona website.

    Property Features for 1175 Holt Ave

    General Information

    Property type
    Land

    HighLights

    • Investment or owner‑user opportunity.
    • Mixed‑use property with 23,852 SF lot.
    • 1,419 SF existing building, built in 1973.
    • PCC4‑T3 City Gateway Specific Plan zoning.
    • 30 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pomona
    County
    Los Angeles
    State
    California
    Longitude
    -117.7271778
    Latitude
    34.0632765

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    FAQs

    What type of property is this?
    Land - Prime 23,852 SF lot, 1,419 SF building.
    Where is this land located?
    The property is located at 1175 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: Investment or owner-user opportunity.; Mixed-use property with 23,852 SF lot.; 1,419 SF existing building, built in 1973.
    Request Owner's contact information
    1175 Holt Ave Pomona, CA 91767
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    Pomona, CA 91767
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1175 Holt Ave Pomona, CA 91767
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