Property Detail

Description

Multifamily development opportunity in the heart of Pomona. This 23,568 SF infill site is zoned Corridor Specific Plan (CO-SP), with the potential to develop approximately 37 residential units (buyer to verify). Ideally located in Pomona's Midtown district, the property offers convenient access to major freeways, public transit, and regional employment centers. The surrounding area benefits from a strong and growing renter population, with nearly 40% renter occupancy and more than 104,000 households within a 5-mile radius, supporting long-term rental demand. Combined with average household incomes exceeding $100,000 and attractive entry pricing relative to neighboring Los Angeles County markets, this site presents a compelling opportunity for developers and investors seeking to capitalize on one of the region's strongest workforce and market-rate housing markets.