Active

1324 E Kingsley Avenue

Pomona CA, 91767

$1,190,000


$60.20 per sqft

Active

0.45 Acres

Land

Listed by Ryan Zhou with GoGo Realtors R.H. Corp 626-363-0330

Are you looking for a project to start construction immediately? Here it is!!!
RTI Ready and Demolition completed!!! A rare opportunity to acquire a fully entitled townhouse style apartment development opportunity. The proposed 8 unit apartment complex contains two side by side Fourplex, each have 3 bedroom/2.5 bath units with individual addresses 1326~1340 E Kingsley Ave, all separate utilities meters (including water, electric and gas). All units with attached garages and direct access from the garage into the units. All units has 1st floor private front yard and 2nd floor balcony, all bedrooms on upstairs and laundry hooks up inside. Market rent for each unit $3,250, total project monthly rental income $26,000. The property is located within minutes of the I-10, CA-60, CA-71 and CA-57 Freeways and is within walking distance to Indian Hill Blvd or Holt Ave. The development has been fully approved by the city planning and building, Ready to issue permits and start construction now. Lot size about 19,767 sq.ft. Corner lot with alley access. This sale is for land value with approved plans.

OC24065493

MLS ID

April 2, 2024

Listed

April 3, 2024

Updated

Map

1324 E Kingsley Avenue
Pomona CA, 91767

Exterior/Building Features

Lot Size

0.45 Acres


Lot Features

16-20 Units/Acre

Other Property Details

Area Name

687 - Pomona


Days on Market

1


Garage

No


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Zoning

POR2YY


Buyer Agency Compensation

3.5%

Listing Contact: 626-363-0330 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/3/2024 at 3:11 PM UTC

 

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