1760 S Towne

Pomona, CA 91766

Prime Land : Accommodates up to 36 home units! This is a great lot that has been recently re-zoned by the City of Pomona to Medium Density from R-PUD. Get this: Lot under newly approved zoning can accommodate 30 units per acre (please confirm )! Planning Department front desk says you can build 36 total units on this site! (Again, please confirm with Planning Department). Property is in a very established, safe neighborhood, with good home resale values; your new housing project here will benefit in value. This is a Developer's/Builder's dream: flat, 191.8' frontage by 280' depth lot, great soil for building. This parcel is sold for land value only, though there is an existing 2 bedroom, 936 sq.ft. home on site that is currently rented; owner/seller makes no warranties as to the condition of the home in case buyer wants to continue to rent out during plan approval process, so existing structure is sold in an as-is condition.

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