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158 2nd St
Pomona, CA 91766
Pomona Mix-Use Development Opportunity 158 · Land For Sale
·
0.16 AC
Investment Highlights
- Prime Pomona Downtown District Location
- Mix-use/Student Housing Development Opportunity
- Fully Entitled Approved Plan
- Opportunity to Buy 160 E 2nd St Project Plan
Executive Summary
It’s entitled for 5-Story Mix-Use Commercial and Apartment building construction approved for 31,659 SF with 19 Units of 1-2 bedroom Apartments Units and 5 Commercial Spaces Redevelopment Opportunity. It is crafted with Elegant Modern Architectural Design with Roof-top Terrace and Private Balcony Amenities. It is catering to the growing demand for modern and convenient living spaces in Pomona and aims to foster living business environment in the heart of the City of Pomona. Pomona is going through rapid changes with major theater, restaurants, retail and night clubs coming into downtown with City Council approval and backing. There is no parking requirement. Seller assumable financing option may be available. Can buy together with Next Door 160 E. 2nd St. Pomona Project Plan together.
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Mixed Use |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.16 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Cross Streets | Garey Ave. |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | POC3* - Opportunity Zone. Specific plan welcomes mix-use redevelopment. May be Senior/Assisted Living Possibility. | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.16 AC |
| No. Stories | 1 |
| Cross Streets | Garey Ave. |
| Opportunity Zone |
Yes |
| Zoning | POC3* - Opportunity Zone. Specific plan welcomes mix-use redevelopment. May be Senior/Assisted Living Possibility. |
1 Lot Available
Lot 12
| Price | $2,200,000 | Lot Size | 0.16 AC |
| Price Per AC | $13,836,477.99 |
| Price | $2,200,000 |
| Price Per AC | $13,836,477.99 |
| Lot Size | 0.16 AC |
Prime Location at the entrance of Pomona Downtown Antique Row welcomes mix-use redevelopment. Just 2 blocks away from City Hall. Heavy day & night traffics with plenty of parking spaces to the side and the back of the building as designated parkings.
Description
It’s extremely close proximity to Western University of Health and Sciences, neighboring Cal Poly Pomona, and near Pomona Art Schools. Easy access to Pomona station or Downtown Metro-link Pomona station. 158 E 2nd St enhances the appeal to both students and natives to Pomona.
Property Taxes
| Parcel Number | 8335-010-008 | Improvements Assessment | $1,089,859 |
| Land Assessment | $767,253 | Total Assessment | $1,857,112 |
Property Taxes
Parcel Number
8335-010-008
Land Assessment
$767,253
Improvements Assessment
$1,089,859
Total Assessment
$1,857,112
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