16227 Baseline Ave, Fontana, CA 92336 - MLS#PW24205853

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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$1,629,000

Est. payment - /mo

1.7 Acres Lot

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UPDATED:

12/22/2024 07:37 PM

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24205853

HOA Y/N No

Lot Size 1.700 Acres

Acres 1.7

Property Description

Introducing an Unbelievable Opportunity with Rare Zoning Flexibility! This exceptional lot offers nearly 90% of all commercial uses permitted within the citya truly unique find! Whether you envision a thriving business hub or a residential multi-family development, the possibilities are endless. A conceptual plan has already been designed for a 36-unit complex featuring spacious 1- and 2-bedroom apartments. But here's where it gets even more excitingwith a senior housing project, you could potentially secure approval for over 70 units of efficiency and 1-bedroom apartments! Located just 2 minutes from the 210 Freeway, 6 minutes from the 15 Freeway, and a quick drive to the 10 Freeway, this lot is in prime proximity to everything. And with new homes by D.R. Horton being built just down the street, this area is poised for growth! The 36 units, if constructed, would command premium rents and be exempt from rent control for the first 15 years due to their new construction status. The potential resale value of these units, once built, is estimated at over $15 million, or you could retain them for a substantial cash flow investment. For more details contact the Fontana Planning Department... Dont miss out on this extraordinary opportunity!
Introducing an Unbelievable Opportunity with Rare Zoning Flexibility! This exceptional lot offers nearly 90% of all commercial uses permitted within the citya truly unique find! Whether you envision a thriving business hub or a residential multi-family development, the possibilities are endless. A conceptual plan has already been designed for a 36-unit complex featuring spacious 1- and 2-bedroom apartments. But here's where it gets even more excitingwith a senior housing project, you could potentially secure approval for over 70 units of efficiency and 1-bedroom apartments! Located just 2 minutes from the 210 Freeway, 6 minutes from the 15 Freeway, and a quick drive to the 10 Freeway, this lot is in prime proximity to everything. And with new homes by D.R. Horton being built just down the street, this area is poised for growth! The 36 units, if constructed, would command premium rents and be exempt from rent control for the first 15 years due to their new construction status. The potential resale value of these units, once built, is estimated at over $15 million, or you could retain them for a substantial cash flow investment. For more details contact the Fontana Planning Department... Dont miss out on this extraordinary opportunity!

Location

State CA

County San Bernardino

Area Fontana (92336)

Building

Lot Description Curbs, Sidewalks

Others

Miscellaneous Value in Land

Acceptable Financing Cash, Conventional, Exchange, Land Contract

Listing Terms Cash, Conventional, Exchange, Land Contract

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Listed by Adel Hamad • Lifetime Realty Inc

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

16227 Baseline Ave Fontana, CA 92336

Anthony Napoli

Key Details

Location

Building

Others

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