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0 Baths

$1,595,000

150 Cornell AVE, CLAREMONT CA, 91711

Price per sqft$176.28
Lot size0.21 Acres
Property typeLand

Overview

Active

Listed Jul 21, 2026

Updated 8 days ago

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 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 * Flexible product strategy * Strong exit optionality

Additional information

MLS® ID
PW26158797MR

Exterior Features

Lot Size
0.21 Acres

Other Property Details

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Listed by Pamela Chyba with California LWF INC
Listing Contact: 561-888-1337 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Black Label Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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Data last updated 9/28/2026

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