301 W 2nd St - Marque Development: Opportunity & TOD Zone
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301 W 2nd St - Marque Development: Opportunity & TOD Zone
3.07 Acres of Commercial Land in Pomona, CA 91766
Investment Highlights
- Great Location: Transit Oriented Development Opportunity in the Heart of Downtown Pomona and Across the Street from Pomona Downtown Train Station
- Great Central Location with Close Proximity to CA 10, 60, and 71 Freeway
- Surrounded by College Community and Down the Street from Western University of Health Sciences
- Pomona is the Gateway to the Inland Empire, Los Angeles, Orange, and San Bernardino Markets
Executive Summary
Located in the heart of Pomona this is one of the best development projects in The City of Pomona.
This 303 Unit design is located in the Arts Colony of Od Town Pomona and is steps away from the city's Transportation depot (Bus and trains) qualifying it as a Transit Oriented Development Opportunity. The site is also in the Opportunity Zone of the city.
Pomona, California, often referred to as the "Gateway City," holds a significant place in the landscape of Southern California. Located in Los Angeles County, Pomona has a rich history and diverse cultural influences. It's known for several key features:
1. **Historical Significance**: Pomona's history dates back to the 1830s when it was founded as a ranch and became a flourishing agricultural center, particularly known for its citrus fruits. The city grew rapidly with the development of the railroad, becoming a vital transportation hub.
2. **Education Hub**: Home to the California State Polytechnic University, Pomona (Cal Poly Pomona), the city has a strong educational presence. The university is renowned for its engineering, agriculture, and hospitality management programs.
3. **Cultural Diversity**: Pomona is celebrated for its diverse population, which contributes to a vibrant cultural scene. The city hosts numerous events and festivals throughout the year, showcasing its multicultural heritage.
4. **Arts and Entertainment**: The downtown Pomona Arts Colony is a focal point for artists and art enthusiasts, featuring galleries, theaters, and live music venues. The area has undergone revitalization efforts in recent years, attracting visitors with its eclectic mix of shops and eateries.
5. **Economic Center**: Pomona serves as a significant economic center in the region, with a mix of industries including manufacturing, logistics, and healthcare. Its strategic location, close to major freeways and transportation networks, makes it an ideal business hub.
6. **Transportation Hub**: Situated at the junction of several major highways, including the I-10 and SR-57, Pomona is often referred to as the "Gateway City" due to its role as a transportation nexus. This connectivity makes it an important link between Los Angeles and the Inland Empire.
Overall, Pomona's status as a gateway city reflects its historical significance, cultural diversity, economic vitality, and strategic location within the Southern California region.
This 303 Unit design is located in the Arts Colony of Od Town Pomona and is steps away from the city's Transportation depot (Bus and trains) qualifying it as a Transit Oriented Development Opportunity. The site is also in the Opportunity Zone of the city.
Pomona, California, often referred to as the "Gateway City," holds a significant place in the landscape of Southern California. Located in Los Angeles County, Pomona has a rich history and diverse cultural influences. It's known for several key features:
1. **Historical Significance**: Pomona's history dates back to the 1830s when it was founded as a ranch and became a flourishing agricultural center, particularly known for its citrus fruits. The city grew rapidly with the development of the railroad, becoming a vital transportation hub.
2. **Education Hub**: Home to the California State Polytechnic University, Pomona (Cal Poly Pomona), the city has a strong educational presence. The university is renowned for its engineering, agriculture, and hospitality management programs.
3. **Cultural Diversity**: Pomona is celebrated for its diverse population, which contributes to a vibrant cultural scene. The city hosts numerous events and festivals throughout the year, showcasing its multicultural heritage.
4. **Arts and Entertainment**: The downtown Pomona Arts Colony is a focal point for artists and art enthusiasts, featuring galleries, theaters, and live music venues. The area has undergone revitalization efforts in recent years, attracting visitors with its eclectic mix of shops and eateries.
5. **Economic Center**: Pomona serves as a significant economic center in the region, with a mix of industries including manufacturing, logistics, and healthcare. Its strategic location, close to major freeways and transportation networks, makes it an ideal business hub.
6. **Transportation Hub**: Situated at the junction of several major highways, including the I-10 and SR-57, Pomona is often referred to as the "Gateway City" due to its role as a transportation nexus. This connectivity makes it an important link between Los Angeles and the Inland Empire.
Overall, Pomona's status as a gateway city reflects its historical significance, cultural diversity, economic vitality, and strategic location within the Southern California region.
Property Facts
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 3.07 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 3.07 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Lot Size | 3.07 AC |
| Lot Size | 3.07 AC |
The subject property consists of 12 lots.
1 of 1
Walk Score ®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,656,250 | |
| Land Assessment | $2,322,151 | Total Assessment | $3,978,401 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,322,151
Improvements Assessment
$1,656,250
Total Assessment
$3,978,401
zoning
| Zoning Code | POC3* (mix use) |
| POC3* (mix use) |
Contacts
-
Jorge Yamzon -
Derek Ing -
Jesse Sanchez -
Rommel Corpus -
LEVEL UP PROPERTY & ANCHOR ASSET MANAGMENT
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301 W 2nd St - Marque Development: Opportunity & TOD Zone
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