$1,150,000
$1,250,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1500 W Phillips BLVD Pomona, CA 91766
1.35 Acres Lot
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS21246680
Sold Date 05/09/22
HOA Y/N No
Year Built 1979
Lot Size 1.345 Acres
Property Sub-Type Industrial
Property Description
[RESIDENTIAL OVERLAY APPROVED!] Per Pomona Planning Department, residential zoning overlay has been approved and will allow 20 units per acre. This property features 1.345 acres of land with freeway frontage in the vastly growing city of Pomona. As is, this is an ideal lot for owner/user who may need a lot of parking or outdoor space. The building itself is roughly 3840 sq/ft cinderblock building with 5 large bay doors. The price includes the adjoining land. The sign itself has clear visibility from the 71 freeway which essentially gives you prime visibility for marketing. Additionally, there is a cell tower (no income to owner) as well as a temporary land use rental from the city as the freeway is getting worked on. Overall there are a lot of opportunities for this property. Schedule a showing today before it's too late. New buyer to perform own due diligence and verify.
Location
State CA
County Los Angeles
Area 687 - Pomona
Zoning POR16000
Interior
Fireplace No
Laundry None
Building
Lot Description Lot Over 40000 Sqft, Value In Land
Story 1
Water Public
Others
Tax ID 8343016013
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with BRIAN NGOY MILANO REALTY
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