1390 Prospect Drive, Pomona, CA 91766

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$2,550,000

Est. payment - /mo

6 Beds

5 Baths

1,455 SqFt

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UPDATED:

04/18/2024 12:19 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,455 sqft

Price per Sqft $1,752

MLS Listing ID CV23169766

Style Detached

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1927

Lot Size 2.960 Acres

Acres 2.96

Property Description

Unprecedented Development Opportunity: 2.96 Acres with Multitude of Units. This is, an extraordinary development opportunity awaits the discerning investor and visionary developer. This exceptional listing comprises two expansive lots spanning a total of 2.96 acres for your next grand project. Whether you're an experienced developer or an enthusiast with a keen eye for potential, this unique opportunity awaits. Prime Zoning and Potential: According to the City of Pomona, the property has a R1600 zoning designation, further enhanced by a state overlay SB330. These favorable zoning regulations pave the way for a potential construction of up to 25 units on APN 8343-018-022 and an additional 18 units on APN 8343-018-008. A remarkable total of 43 units can be envisioned on these combined lots. Buyers are encouraged to independently verify this information with the City of Pomona to ensure alignment with their development aspirations. Primary Lot: The primary lot features a single-family residence, encompassing 1,455 sq. ft. of living space. This home offers 2 bedrooms and 1 bath, providing a comfortable living environment. Additionally, a converted garage now serves as a versatile Studio Apartment with a shower. Secondary Lot: The secondary lot presents three distinct units. The main house at 1406 Prospect Avenue has an est. 750 sq. ft & includes 2 bedrooms and 1 bath. Adjacent to this, a separate 2 bedroom, 1 bath apartment and completing this trio of units, a Studio apartment with its own kitchen and shower, offering functionality and privacy. Each of these units is equipped w
Unprecedented Development Opportunity: 2.96 Acres with Multitude of Units. This is, an extraordinary development opportunity awaits the discerning investor and visionary developer. This exceptional listing comprises two expansive lots spanning a total of 2.96 acres for your next grand project. Whether you're an experienced developer or an enthusiast with a keen eye for potential, this unique opportunity awaits. Prime Zoning and Potential: According to the City of Pomona, the property has a R1600 zoning designation, further enhanced by a state overlay SB330. These favorable zoning regulations pave the way for a potential construction of up to 25 units on APN 8343-018-022 and an additional 18 units on APN 8343-018-008. A remarkable total of 43 units can be envisioned on these combined lots. Buyers are encouraged to independently verify this information with the City of Pomona to ensure alignment with their development aspirations. Primary Lot: The primary lot features a single-family residence, encompassing 1,455 sq. ft. of living space. This home offers 2 bedrooms and 1 bath, providing a comfortable living environment. Additionally, a converted garage now serves as a versatile Studio Apartment with a shower. Secondary Lot: The secondary lot presents three distinct units. The main house at 1406 Prospect Avenue has an est. 750 sq. ft & includes 2 bedrooms and 1 bath. Adjacent to this, a separate 2 bedroom, 1 bath apartment and completing this trio of units, a Studio apartment with its own kitchen and shower, offering functionality and privacy. Each of these units is equipped with its own meters, utilities, and individual addresses, ensuring convenience and autonomy. Views and Accessibility: One of the standout features of this property is the view from the front, which adds a touch of serenity and natural beauty to your future development. Moreover, the dual access points to both the front and rear sides of the lots, as seen in the provided pictures and drone video, enhance the accessibility and versatility of this remarkable property. Don't miss this unparalleled opportunity to shape the future of this expansive canvas in Pomona. Embrace the potential, envision the possibilities, and embark on your next extraordinary development venture today. The city's commitment to progress awaits your creative vision. Contact us for further details and seize this remarkable opportunity

Location

State CA

County Los Angeles

Area Pomona (91766)

Interior

Cooling Central Forced Air

Laundry Kitchen

Exterior

Garage Spaces 1.0

Pool Below Ground, Private

View Mountains/Hills, Neighborhood, City Lights

Total Parking Spaces 1

Building

Lot Description Curbs

Story 1

Lot Size Range 2+ to 4 AC

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $50

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

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Listed by Paul Villarreal • First Team Real Estate

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities