Pomona, CA 91767,420 N Reservoir ST
Pomona, CA 91767,420 N Reservoir ST
Pomona, CA 91767,420 N Reservoir ST
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$899,000
Est. payment /mo
7,997 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25177764

HOA Y/N No

Year Built 1912

Lot Size 7,997 Sqft

Property Sub-Type Mixed Use

Property Description

PRICE REDUCED! Create, convert, or build. This rare two-building property in the heart of Pomona's Opportunity Zone offers compelling flexibility for value-add investors and builders. The site features a primary structure currently configured with 11 bedrooms and 2 bathrooms, an open common area, and an open kitchen, plus a second free-standing structure used for storage. With city verification, the property presents a path to build up to 12 residential units or pursue a full redevelopment that aligns with neighborhood needs and long-term growth. Opportunity Zone location. Potential capital gains tax incentives for qualifying investors. Buyer to verify eligibility and program guidelines.
Development pathway. Potential to build up to 12 units, subject to city approval. Multi-use flexibility. Explore co-living, workforce housing, student housing, community-serving uses, or a creative campus, pending permits and zoning compliance. Two structures on one lot. Primary building with 11 bedrooms, 2 baths, open area, and open kitchen, plus a separate storage building. Prime Pomona position. Convenient access to major employment, education, and transportation corridors that support strong tenant and user demand. Value-add upside. Reconfigure the existing layout for income now while advancing entitlements for long-term growth.

Location

State CA

County Los Angeles

Area 687 - Pomona

Zoning Call City

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Fence Chain Link

Building

Lot Description 0-1 Unit/Acre, Corner Lot

Story 2

Water Public

Others

Tax ID 8326020024

Special Listing Condition Standard


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CRMLS – RECore
Listed by Stephanie Velez NEXTHOME CHAMPION ELITE 951-235-0470

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    J. Marion Roynon Elementary School

    Public | KG - 5

  • 8

    Vista del Valle Elementary School

    Public | KG - 6

  • 8

    Sycamore Elementary School

    Public | KG - 6

  • 7

    Lexington Elementary School

    Public | KG - 8

  • 7

    Moreno Elementary School

    Public | KG - 6

  • 6

    Oakmont Elementary School

    Public | KG - 6

  • 6

    Ramona Elementary School

    Public | KG - 6

  • 6

    Howard Elementary School

    Public | KG - 6

  • 6

    Monte Vista Elementary School

    Public | KG - 6

  • 5

    Philadelphia Elementary School

    Public | KG - 6

  • 5

    Mountain View Elementary School

    Public | KG - 6

  • 5

    Lehigh Elementary School

    Public | KG - 6

  • 5

    Montera Elementary School

    Public | KG - 6

  • 4

    Decker Elementary School

    Public | KG - 6

  • 4

    Roosevelt Elementary School

    Public | KG - 5

  • 4

    Vejar Elementary School

    Public | KG - 8

  • 4

    La Verne Science and Technology Charter

    Public | KG - 6

  • 4

    Madison Elementary School

    Public | KG - 6

  • 4

    San Jose Elementary School

    Public | KG - 8

  • 4

    Harrison Elementary School

    Public | KG - 8

Middle Schools 15
  • 7

    El Roble Intermediate School

    Public | 7 - 8

  • 7

    Serrano Middle School

    Public | 7 - 8

  • 5

    School of Arts and Enterprise

    Public | 6 - 12

  • 4

    Fremont Academy of Engineering and Design

    Public | 7 - 12

  • 4

    Palomares Academy of Health Science

    Public | 7 - 10

  • 4

    Simons Middle School

    Public | 6 - 8

  • 4

    Ramona Junior High School

    Public | 7 - 8

  • 2

    Emerson Middle School

    Public | 6 - 8

  • 0

    Pomona Catholic High School

    Private | 6 - 12

  • 0

    Pomona Alternative

    Public | 7 - 10

  • 0

    Pomona Community Day

    Public | 7 - 12

  • 0

    Grace Christian School

    Private | 7 - 11

  • 0

    Pueblo

    Public | 8 - 8

  • 0

    School of Extended Educational Options

    Public | 7 - 12

  • 0

    Community Day

    Public | 7 - 12

High Schools 6
  • 9

    Village Academy High School at Indian Hill

    Public | 9 - 12

  • 6

    Montclair High School

    Public | 9 - 12

  • 3

    Garey High School

    Public | 9 - 12

  • 2

    Pomona High School

    Public | 9 - 12

  • 0

    Park West High (Continuation)

    Public | 9 - 12

  • 0

    San Antonio High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.

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Jim Amen

Jim Amen

+1(916) 718-8604

Broker | CA DRE#01841461

Broker CA DRE#01841461

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