1390 Prospect Drive
$2,550,000
6
5
1,455
1,455
$1,753
Description
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...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
- Listed by Paul Villarreal • DRE #01179340 • Brokerage DRE #01008773 • First Team Real Estate • 951-295-2931
Property Details for 1390 Prospect Drive
View
City Lights, Mountain(s), Neighborhood
Parking Spaces Total1
Private PoolYes
Cooling TypeCentral Forced Air
Total Units5.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1455
LISTING UPDATED: 04/17/2024 05:06 AM
Property Details for 1390 Prospect Drive
Status | Active |
---|---|
MLS # | CV23169766 |
Days on Market | 438 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1927 |
Lot Size | 2.96 AC / 128,937 SF |
County | Los Angeles County |
Building Information for 1390 Prospect Drive
Stories1Year Built1927Building Size-Lot Size2.96 AC / 128,937 SF
Property Information for 1390 Prospect Drive
Property History for 1390 Prospect Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1390 Prospect Drive
Taxable ValueLand$256,662Additions$38,412Total$295,074
Tax Record2024$4,218 ($352 / month)
Home Facts
Beds2Total Finished SqFt1,455 SqFtAbove Grade Finished SqFt1,455 SqFtStories1Lot Size88,156 SqFtStyleSingle Family ResidenceYear Built1927ZoningPOR16000*CountyLOS ANGELESAPN8343-018-022
Schools near 1390 Prospect Drive
This home is within Pomona Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Vejar Elementary School PublicK to 8 | ||
Fremont Academy Of Engineering And Design Public7 to 12 | ||
Garey High School Public9 to 12 | ||
School Of Arts And Enterprise Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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