169-177 Monterey Ave Pomona, CA 91768

Prime development opportunity in Pomona, CA, presents two vacant lots totaling approximately 28,500 square feet. Located at 169-177 W Monterey Ave, this property boasts a desirable location within the Pomona Downtown Specific Plan (DTSP), offering significant potential for high-density residential development. The DTSP zoning permits the construction of a six-story building with up to 50 units, as confirmed by city planning. Situated at the corner of Monterey Ave and Main, the property benefits from its proximity to the Pomona Transit Center, pedestrian bridge, Arts Colony, Thomas Street, the Fox Theater, and Western University of Health Sciences, placing it in the heart of Pomona's vibrant downtown area. The land is offered at $2,000,000, translating to approximately $87.72 per square foot. APN numbers are 8336-025-009 & 010. The seller is motivated and will consider all reasonable offers. This presents a unique chance to capitalize on the growth and revitalization of Pomona's downtown core. The property offers 100% ownership.