1760 S TownePomona, CA 91766

Description

Prime Land : Accommodates up to 36 home units! This is a great lot that has been recently re-zoned by the City of Pomona to Medium Density from R-PUD. Get this: Lot under newly approved zoning can accommodate 30 units per acre (please confirm )! Planning Department front desk says you can build 36 total units on this site! (Again, please confirm with Planning Department). Property is in a very established, safe neighborhood, with good home resale values; your new housing project here will benefit in value. This is a Developer's/Builder's dream: flat, 191.8' frontage by 280' depth lot, great soil for building. This parcel is sold for land value only, though there is an existing 2 bedroom, 936 sq.ft. home on site that is currently rented; owner/seller makes no warranties as to the condition of the home in case buyer wants to continue to rent out during plan approval process, so existing structure is sold in an as-is condition.

Property Information

Property type

Land

Lot size

1.20 acres

Lot dimensions

191.86' X 280'

Zoning

NED1

Days on market

173

MLS^® Listing#

CV26078257

Property Features

Fencing

Chain Link · Masonry

Lot features

Level · Near Public Transit · Rectangular Lot

Community

Street Lights · Sidewalks

Utilities

Electricity Available · Electricity Connected · Natural Gas Available · Natural Gas Connected · Phone Available · Phone Connected · Sewer Available · Sewer Connected · Water Available · Water Connected

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Annual taxes

$3,889

Parcel number

8328020002

Directions

1 mile North of 60 Fwy., Just south of Franklin Ave, at Townes Ave.