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400 E 4th St 0.17 Acres of Residential Land Offered at $960,000 in Pomona, CA 91766

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INVESTMENT HIGHLIGHTS

Opportunity Zone.
To be delivered Entitled.

Seller Financing.

EXECUTIVE SUMMARY

Located in Downtown Pomona within an Opportunity Zone, just 1/2 mile from major transit (Metrolink station and bus stop), university, city hall, restaurants and entertainment. An affordable housing developer may be able to add more units and go up to 6 stories (to be confirmed by Buyer). Seller will concurrently explore investment strategy; subject to Offering Memorandum and subject PPM. Seller Financing may be considered up to 35%. Land parcel will be delivered entitled for a 5 story, 10 unit condominium building with 6 live work units - no affordability restrictions. Listing Broker is owner.

Offering Memorandum

PROPERTY FACTS

Price	$960,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Office Apartment Units Apartment Units - Condo Apartment Units - Subsidized Industrial Live or Work Unit
No. Lots	1	Total Lot Size	0.17 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CO-SP-H - Subject to Buyer's confirmation, Property is located in the Corridors Specific Plan, and within downtown subject to Historical preservation.

Price	$960,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Office Apartment Units Apartment Units - Condo Apartment Units - Subsidized Industrial Live or Work Unit
Total Lot Size	0.17 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	CO-SP-H - Subject to Buyer's confirmation, Property is located in the Corridors Specific Plan, and within downtown subject to Historical preservation.

1 LOT AVAILABLE

Lot

Price	$960,000	Lot Size	0.17 AC
Price Per AC	$5,647,058.82

Price	$960,000
Price Per AC	$5,647,058.82
Lot Size	0.17 AC

7,653 s.f. (assessors), vacant, flat lot, within walking distance to Metrolink, University, City Hall, restaurants and entertainment; to be delivered entitled for 10 condo units.

DESCRIPTION

Vacant flat lot, located in Downtown Pomona within an Opportunity Zone, just 1/2 mile from major transit (Metrolink station and bus stop), university, city hall, restaurants and entertainment. An affordable housing developer may be able to add more units and go up to 6 stories (to be confirmed by Buyer). Land parcel will be delivered entitled for a 5 story, 10 unit condominium building with 6 live work units - no affordability restrictions. Listing Broker is owner.

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Walk Score®

Walker's Paradise (93)

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PROPERTY TAXES

Parcel Number	8335-013-031	Improvements Assessment	$0
Land Assessment	$422,890	Total Assessment	$422,890

PROPERTY TAXES

Parcel Number

8335-013-031

Land Assessment

$422,890

Improvements Assessment

Total Assessment

$422,890

(949) 226-2858

CONTACTS

Judson Leibee
Hiiro Tomita
JCI Real Estate, Inc.

Listing ID: 35461213
Date on Market: 4/11/2025
Last Updated:
Address: 400 E 4th St, Pomona, CA 91766

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