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$2,550,000
6 bed
2 bath
1,455 Sqft
128,938 Sqft lot

1390 Prospect Drive, Pomona, California 91766

  • Residential Property Type
  • 320 Days Time on market
  • $1,753 Price per sqft
  • 1927 Year Built
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 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

Basic Details
Residential
Buy
CV23169766
$2,550,000
6
2
1,455 Sqft
1927
128,938 Sqft
Active
Single Family Residence
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Houses
Virtual Tour
Features
: Private, In Ground
: Central Air
: Mountain(s), Neighborhood, City Lights
: Curbs
1
$0
: Public Sewer
Address
CA
Los Angeles
Pomona
91766
1390 Prospect Drive
1390
0
W118° 13' 51.4''
N34° 2' 38.4''
Additional Information
320
1
1
1
5
: One
1
: In Kitchen
1
1
0 Sqft
1
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0 Sqft
: Assessor
: Allbedroomsdown
2.96 Sqft
2.96 Sqft
1
: No Common Walls
0 Sqft
8343018022
$0
$0
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1
$0
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1
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1
1
11/09/2023 14:26:56
$2,700,000
: Standard
CashtoNewLoan
71 fwy ext Mission go East, make a right on Dudley then turn left on Phillips, then Rt on Prospect
Destrahan
Harry Hurst
First Team Real Estate
Paul Villarreal
51925
C21941
$0
219
1
: Item25unitsacre
1
: House
1
3
1
: Square Feet
5
4&5
1
US-06037-N-8343018022-R-N
SingleFamilyResidence
11/09/2023 21:56:41
Prospect Drive
687 - Pomona
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