135 Myrtle Ave Pomona, CA 91766
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 135 Myrtle Ave
- Year built
- 1929
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents three contiguous parcels totaling 19,650 square feet in Pomona, California, located at 135 S Myrtle Ave, 91766, within Los Angeles County. The property, encompassing 115 S Myrtle Ave, 135 S Myrtle Ave, and 0 S Myrtle Ave, is zoned for multifamily use, offering significant development potential. Currently featuring two existing single-family residences built in 1929, this land presents a unique chance to create a substantial new development. The expansive lot size allows for the construction of a large-scale commercial building or a significant apartment complex, capitalizing on the strong market demand in the area. This is a rare chance to acquire a substantial land holding in a prime location, ready for immediate development. The sale includes all three parcels as a single package. The property's location in Pomona, CA offers convenient access to major transportation routes and amenities. This is a truly exceptional opportunity for investors seeking high-return potential in a thriving market. The existing structures can be renovated or demolished to make way for a new development, offering flexibility to the buyer. This is a turnkey opportunity to build up to 30 units. Don't miss this chance to acquire this significant land parcel and realize its substantial development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pomona
- County
- Los Angeles
- State
- California
- Longitude
- -117.7656374
- Latitude
- 34.0579871
