Land Value! Property on site, collecting $1150 rent per month (market rent should be around &1200). Owner hired an architect (Micheal Chen) to verified with city of Pomona last year. Tentatively can build 3 buildings each two unit total 6 units (two story ,approximate 1300 - 1400 sq. ft living space 3 bedroom 2.5 bath) with 2 car attached garage. Attach tentative site map just need to put more sq, ft in the rear of the lot for fire trucks to turn around and existing map maybe able to pass...if they allow the use the middle of the distance between the last building and the middle building over leaping the common open space as fire truck turn around. In other words, A) If the city would not allow the over leaping of the truck turn around...more space at the rear of the lot has to allocate for the fire truck turnaround.......1300 sq.ft will be almost the minimum. B) If the city would allow the over leaping of the truck turn around, the attached tentative map will allow each unit to be close to 1,400 sq.ft. Buyer to do their due diligence and investigation with the City of Pomona.
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