RC Homes to Bring Much-Needed New Housing to Pomona in the San Gabriel Valley
The California Division of Land Advisors Organization represented the seller; approximately 50 town homes to be built on 1.93-acre parcel.
Irvine, California (Dec. 15, 2022) – Land Advisors Organization’s California Division represented the seller in the disposition of 1.93 acres in Pomona that will be developed into a build-to-rent community of approximately 50, three-story town homes by RC Homes.
The sale was facilitated by Joy Ding, Chris Gomez-Ortigoza, and Tim Barden from Land Advisors Organization’s Pasadena office. The seller was Covenant United Methodist Church of Pasadena. RC Homes was the buyer of the parcel that is located at 1707 N. Towne Ave., in Pomona.
“Pomona, as part of the San Gabriel Valley, is largely under supplied for new housing. Currently there is only one new home community actively selling in Pomona and the project is nearly sold out,” Ding said. “RC Homes has been active in the Pomona market the past few years. This is its third transaction in Pomona.”
The proposed community will consist of approximately 50 homes with convenient access to distinguished universities, the Metrolink station, healthcare facilities, and recreational amenities.
“We are excited to bring much needed quality-construction build-to-rent homes to Pomona. The proposed community will provide a single-family residential experience with the benefit of a professionally-managed and amenitized community,” said Matt Livingston, RC Homes’ president.
Sitting on the property is an underutilized youth ministry building that the Covenant United Methodist Church of Pomona no longer used. The property was closed in an “as-is condition.”
“The property is unentitled, as-is, with the existing single-story structure still remaining,” said Ding. “It was fully marketed by our team with significant builder and developer interest.”
The City of Pomona is located 30 miles east of Los Angeles. It is approximately 27 miles north of Santa Ana, 26 miles west of Riverside, and 33 miles west of San Bernardino. Pomona is bordered by the cities of San Dimas on the northwest, La Verne and Claremont on the north, Montclair and Chino on the east, Chino Hills and Diamond Bar on the south, and Walnut, South San Jose Hills, and Industry on the southwest.
Pomona is known for its wide variety of activities, academic programs, entertainment, and events. From its fresh produce at the farmers markets to the annual LA County Fair, from racing season to live music in Downtown Pomona, it is very much alive with diverse demographics, culture, and history.
About Land Advisors Organization
Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets across the country. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande and Prescott, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville and San Diego, California; Orlando, Tampa, and Jacksonville, Florida; Boise, Idaho; Kansas City, Kansas; Las Vegas, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Atlanta, Georgia; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected on Twitter, Facebook and LinkedIn.
About RC Homes
RC Homes is a California homebuilder bringing thoughtful, contemporary housing to many of the region’s most sought-after communities since 2007. RC Homes has delivered over 400 homes, including townhomes, single-family detached homes, attached condos, and 3-story infill projects. For additional information, please visit www.rchomesinc.com. Connect with us on social media at Facebook.com/RCHomesInc or Instagram.com/rchomesinc.
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Media Contact: Patty Johnson, Connections Marketing & Communications
PattyJohnson@Connections-marcom.com or 602.402.2965