Underutilized property that is prime for residential development, very similar to the Gateway Towns project by Century Communities located at 2109 S Garey Ave, Pomona, CA 91766. Owned by Pomona Unified School District, which recently sold three other surplus properties for residential development. While "As-Is" offers are preferred, if maximum value is dependent on obtaining residential development approvals (e.g. Tentative Map), the the property owner is willing to accept an Option Agreement. Said Option Agreement will require regular and substantial nonrefundable deposits to be released to the property owner on regular intervals throughout the development approval period.