705 Pomello DR Active Save Request In-Person Tour Request Virtual Tour
Claremont,CA 91711
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,279 sqft
Price per Sqft $2,347
MLS Listing ID CV25045344
Bedrooms 5
Full Baths 3
Year Built 1912
Lot Size 2.830 Acres
Property Sub-Type Duplex
Property Description
Prime Development & Investment Opportunity – 705 Pomello Drive, Claremont, CA
Located in the prestigious North Claremont neighborhood, this expansive 123,263 square foot property, presents a rare opportunity for developers, investors, and homeowners. With two existing homes and significant subdivision potential, this estate is ideal for those looking to create a luxury residential enclave coupled with a historic home with modern enhancements.
Property Highlights
Two Existing Homes
-Front Home 3 bedrooms, 2 bathrooms
-Back Home 4 bedrooms, 3 bathrooms
- Ample parking, including two covered garage spaces
Historic Home with Character
- Built in 1912, this home offers 2,279 square feet of living space with five bedrooms and three bathrooms
- Classic architectural details provide an ideal canvas for restoration
**Development Potential**
- Zoned RS-10,000 with a new housing overlay zone
- Potential to subdivide into up to ten lots (8 new plus one historic home)
- Minimum 10,000 square feet per lot, with the potential to build 3,500 square foot homes with 1,000 square foot ADUs on each lot
- Higher-density housing potential based on city planning initiatives
Exceptional Location & Investment Potential
- Proximity to top-rated Claremont schools, including Chaparral Elementary, El Roble Intermediate, and Claremont High School
- Surrounded by nature and established luxury homes, offering a balance of privacy and convenience
- Close to Claremont Village, known for its shopping, dining, and community atmosphere
- Easy access to major highways and public transportation
Valuation Insights
- Estimated value per RS 10,000 subdivided lot: $600,000
- Historic home valued at $850,000
- Infrastructure and development costs estimated at $300,000
- Total estimated property value: $5,350,000
A rare opportunity to develop, invest, or create a private estate in one of Claremont's most desirable locations.
Location
State CA
County Los Angeles
Area 683 - Claremont
Zoning CLRA1*
Interior
Heating See Remarks
Cooling See Remarks
Fireplaces Type None
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Utilities Available Sewer Not Available
View Y/N Yes
View Mountain(s),Neighborhood
Building
Lot Description Back Yard,Cul-De-Sac,Yard
Dwelling Type Duplex
Story 1
Sewer None
Water Public
New Construction No
Schools
School District Claremont Unified
Others
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard