160 E Franklin

Description

Motivated Seller of 2 unit income house on Rare 32,447 sq ft Pomona flag lot with unmatched privacy, space, and exceptional potential for redevelopment, expansion, or custom construction. A large portion of property borders a newer gated community adding a nice level of added safety and security. Property includes a 1-bedroom, 1-bath home with cellar, and attic that at one time was rented out. Solid bones, ready for remodel or teardown, but the true value is the land itself, making this an ideal opportunity for investors, developers, or visionaries seeking a prime infill site. Preliminary discussions with the City of Pomona Planning, Fire, and Public Works departments indicate strong potential for increased density. Perfectly located near Garey Avenue, retail, restaurants, public transit, downtown Regional Transportation hub, Metrolink stations, the L Line (formerly Gold Line), and four major freeways, with top universities including Cal Poly Pomona, Western University, Claremont Colleges, and University of La Verne nearby. Walk to three public schools. Outdoor and recreational amenities include Frank G. Bonelli Park and Claremont hiking and biking trails, while families benefit from award-winning Pomona schools like The School of Arts and Enterprise and access to Pomona Valley Hospital/Trauma Center. Daily conveniences and shopping are abundant with Walnart, Winco, Stater Bros, Cardenas Market, Smart & Final, Sprouts, Costco, Trader Joe’s, and the Cal Poly Pomona Farmstore, and cultural and entertainment options include Fairplex with the Children’s Learning Center and LA County Fair, Pomona Farmers Market, six indie coffee houses, FOX Theater, The Cathedral, Award winning Homage Brewery, The Glass House, AMOCA, and the Arts Colony. With rare privacy, massive lot size, and unmatched redevelopment potential, this property offers a truly unique land opportunity in Pomona for those seeking space, location, and endless possibilities.