135 Myrtle AvePomona, CA 91766

Property Details for 135 Myrtle Ave

Year built

1929

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents three contiguous parcels totaling 19,650 square feet in Pomona, California, located at 135 S Myrtle Ave, 91766, within Los Angeles County. The property, encompassing 115 S Myrtle Ave, 135 S Myrtle Ave, and 0 S Myrtle Ave, is zoned for multifamily use, offering significant development potential. Currently featuring two existing single-family residences built in 1929, this land presents a unique chance to create a substantial new development. The expansive lot size allows for the construction of a large-scale commercial building or a significant apartment complex, capitalizing on the strong market demand in the area. This is a rare chance to acquire a substantial land holding in a prime location, ready for immediate development. The sale includes all three parcels as a single package. The property's location in Pomona, CA offers convenient access to major transportation routes and amenities. This is a truly exceptional opportunity for investors seeking high-return potential in a thriving market. The existing structures can be renovated or demolished to make way for a new development, offering flexibility to the buyer. This is a turnkey opportunity to build up to 30 units. Don't miss this chance to acquire this significant land parcel and realize its substantial development potential.

Location Insight

City

Pomona

County

Los Angeles

State

California

Latitude

34.058

Longitude

-117.766

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