United StatesCaliforniaPomona1390 Prospect Drive

1390 Prospect Drive
1390 Prospect Drive Pomona, California 91766 United States

$2,550,000
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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...
$2,550,000
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6
Bedrooms
2
Full Baths
1,455 Sq Ft.
Interior
2.96 Acres
Exterior
Single Family Homes
Property type
1927
Year Built
CV23169766
Web Id
CV23169766
MLS ID
Pomona Unified
School District
251
days ago

About 1390 Prospect Drive

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

Listing Courtesy of First Team Real Estate, Email/Phone : 951-295-2931

Amenities

  • Private Pool
  • Outdoor Pool
  • Mountain View

features

cooling
Central Air
Parking
Garage

PROPERTY INFORMATION

Community Info
Curbs
Cooling
CentralAir
Garage Info
1
Pool
InGround, Private
Sewer
PublicSewer
View
CityLights, Mountains, Neighborhood
Water
Public

EXTERIOR

Lot Description
Item25UnitsAcre

INTERIOR

Interior Features
AllBedroomsDown

ADDITIONAL INFORMATION

Number of Units
5
Listing Courtesy of First Team Real Estate, Email/Phone : 951-295-2931
Geoff Hamill
Geoff Hamill
  • DRE# 00997900
500 W. Foothill Blvd.
Claremont, California 91711 United States
Listing Courtesy of First Team Real Estate, Email/Phone : 951-295-2931
Contact Agent
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