tomo logo

$2,550,000

Beds
6
Baths
4.25
sq ft
1,455

1390 Prospect Dr, Pomona, CA 91766

1390 Prospect Dr

Pomona, CA 91766

  • 471 days on market
    • Price drop $150,000↓
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

Details

Property type

Single Family Residence

Lot size

2.96 acres

Price per sq ft

$1,753

Year built

1927

HOA

No

Price History

02/25/2024
CRMLS

CRMLS #CV23169766

Price change
$2,550,000
-5.56%
09/11/2023
CRMLS

CRMLS #CV23169766

Listed
$2,700,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Pomona Unified

Similar Homes Nearby

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$2,688,000
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683 Radbury Pl, Diamond Bar, CA 91765

Status: Active

Tomo last checked: 12/25/2024 at 10:25 AM

Listing updated: 12/05/2024 at 2:40 AM

Listed by: Paul Villarreal, First Team Real Estate Phone #: (909) 480-3030

MLS: CRMLS #CV23169766

CRMLS logo

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