1443-1443 Laurel
Property Description
Exceptional investment and redevelopment opportunity in the rapidly evolving Downtown Pomona corridor-a spacious duplex on an approximately 15,000 sq ft lot ( 0.34 acre) located just minutes from the newly opened LA Metro A Line (Pomona Station) connecting to Pasadena, DTLA, and Long Beach. Each residence features 2 bedrooms / 1 bath, fully rented and generating steady income while you prepare plans for a multi-unit infill project in one of the region's most transit-accessible growth zones. According to the City of Pomona's 2024 Zoning and Development Code, the site's scale and location may support medium-density residential redevelopment-potentially 5 to 10 new units by right, with additional yield possible under California's State Density Bonus Law or local transit-oriented overlays (buyer to verify with City Planning). The generous rectangular lot offers excellent frontage, flat topography, and convenient alley access, ideal for efficient site design and parking integration. Perfectly positioned near I-10, SR-71, SR-57, and SR-60 freeways, Western University of Health Sciences, and Pomona's Art Colony & Antique District, this property sits at the intersection of long-term appreciation and immediate cash flow. The area benefits from major public investment in housing and mobility, including Metrolink and Foothill Transit connections within blocks. Highlights - ~15,000 sq ft lot with two (2) existing 2 bed / 1 bath units - both leased - Zoning context supports multi-unit redevelopment (buyer to confirm density, height, parking, setbacks) - Near the LA Metro A Line extension (Sept 2025) - Pomona Station less than 1 mile away - Strong commuter location with quick freeway and regional rail access - Upside potential estimated at 5-10 units by right, or up to 12 with incentives - Lot dimensions and topography favor efficient multifamily design
Broker Details
The Whiting Realtors, Inc. 909-599-2374 x 265
MLS ID: C18841 State License Number: 01300575
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $998,800 |
| No. of Units: | 2 |
| Year Built: | 1953 |
| Opportunity Zone: | No |
| Price per unit: | $499,400 |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 0 |
ID: 3yd-MRMLSCA-CV25228781
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