REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,595,000
Est. payment /mo
Active
150 Cornell Claremont, CA 91711
9,048 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26158797
Lot Size 9,048 Sqft
Property Sub-Type Lots/Land
Property Description
Claremont Village Development Opportunity-MU-60 Zoning Rare vacant lot in the heart of Claremont Village with strong development upside. Position yourself in one of the most supply-constrained and high demand submarkets in the Inland Empire with this rare infill development opportunity in the heart of Claremont Village. This vacant lot is fully positioned for a high-yield mixed-use or multifamily development, with favorable zoning and clear density guidance from the City of Claremont. Zoning: MU-60 (Mixed-Use) Up to 5 stories allowed / 60 ft/ 8,747 SF 1 unit per 750 NET SF City indicates up to 9 units/ Single-family not permitted Investor Highlights: ? Prime walkable Village location ? Mixed-use or multifamily potential ? Strong rent & resale demand ? Multiple exit strategies (build-to-rent, condos, mixed-use) ? One of the last infill parcels available With up to 9 units allowed, developers can capitalize on: * High per-door value in a premium walkable location * Favorable unit mix potential(market-rate rentals, condos, or live/ work Multiple Exit Strategies * Build-to-rent for long-term cash flow * Build-to-Sell (condos/townhomes) in a supply-limited market * Mixed-use retail + residential for diversified income streams Premium Location: Claremont Village consistently commands: * Above-average rents compared to surrounding submarkets * Stong tenant demand driven by proximity to Pomona College, Claremont Graduate University, Scripps College, Claremont McKenna College, Harvey Mudd College, Pitzer College and Keck Graduate Institute, retail, and transit * Low vacancy and stab
Location
State CA
County Los Angeles
Direction Cornell Ave is located 2 blocks west of Indian Hills Blvd off of Bonita Ave. in Claremont.
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 8313011021
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Pamela Chyba, DRE#01273673 California LWF INC
Nearby Locations