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$ 1,595,000
Est. payment | /mo
9,047 Sqft Lot
$ 1,595,000
Est. payment | /mo
9,047 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26158797
HOA Y/N No
Lot Size 9,047 Sqft
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 = Rent & Value Premium
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 stable absorption trends
* Property is located directly across from the
Claremont Police Dept.
Zoning Advantage / Reduced Entitlement Risk
* Established MU-60 zoning supports higher density
*City acknowledgment of up to 9 units provides a clearer
development path
* Eliminates uncertainty typical wit rezoning plays
Scarcity Factor
* One of the last or the last remaining vacant parcels in the Village
* Infill locations like this rarely trade, creating long-term
appreciation upside
Value-Add Potential
* Vertical density (maximized 5-story envelope)
* Ground-floor retail activation for additional NOI
* Efficient unit design to optimized rent per SF
* Condo mapping for premium exit pricing
* Clear density upside
Very Limited Opp.
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 = Rent & Value Premium
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 stable absorption trends
* Property is located directly across from the
Claremont Police Dept.
Zoning Advantage / Reduced Entitlement Risk
* Established MU-60 zoning supports higher density
*City acknowledgment of up to 9 units provides a clearer
development path
* Eliminates uncertainty typical wit rezoning plays
Scarcity Factor
* One of the last or the last remaining vacant parcels in the Village
* Infill locations like this rarely trade, creating long-term
appreciation upside
Value-Add Potential
* Vertical density (maximized 5-story envelope)
* Ground-floor retail activation for additional NOI
* Efficient unit design to optimized rent per SF
* Condo mapping for premium exit pricing
* Clear density upside
Very Limited Opp.
Location
State CA
County Los Angeles
Area 683 - Claremont
Zoning MU-60
Interior
Fireplace No
Exterior
Community Features Rural
View Y/N Yes
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 8313011021
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition Standard
Listed by Pamela Chyba California LWF INC 561-888-1337, DRE #01273673
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Laura Dandoy
Broker Associate/Agent | License ID: 01019252/01857852