Land For Sale • 0.24 AC
The property benefits from the City's Corridor High Density Residential zoning designation, supporting higher-density residential development within a strategic growth corridor. The approved 8-unit project capitalizes on the site's location, existing infrastructure, and strong regional housing demand while providing an efficient development opportunity in a supply-constrained Southern California market.
| Rare opportunity to acquire a 0.24-acre multifamily commercial infill site in one of the San Gabriel Valley's most desirable submarket. |
| Situated at the gateway to the foothills with panoramic mountain views and excellent freeway access to I-210, SR-57, as well as the Metro A Line. |
| Valencia1175 is a fully approved eight-unit complex offering a shovel-ready option for developers to proceed directly to building permits. |
| Nearby Citrus College, Azusa Pacific University, University of La Verne, Mt. SAC, Cal Poly Pomona, and the Claremont Colleges, home to 100K+ students. |
| Tap into maximum optionality with potential gross rental income of up to $720,000 annually based on an alternative student housing configuration. |
| Total Expenses: | $227,000 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 4.1 mi |
| Pomona (North) (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 5.9 mi |
| Airport | Drive | Walk | Distance |
| Ontario International | 29 min | - | 19.3 mi |
| John Wayne/Orange County | 42 min | - | 34.9 mi |
| Long Beach (Daugherty Field) | 49 min | - | 37.0 mi |