16885 Reed Street, Fontana, CA 92336 - MLS#PW24217123

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Nicole Hazelton

[email protected] +1(619) 206-1892

$1,100,000

Est. payment - /mo

3 Beds

3 Baths

0.42 Acres Lot

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UPDATED:

10/24/2024 02:21 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24217123

Bedrooms 3

HOA Y/N No

Lot Size 0.415 Acres

Property Description

We present an incredible opportunity to bring to life a 10-unit condominium project in the thriving city of Fontana. This proposed development is designed to feature the elegant charm of Santa Barbara-style architecture, paired with spacious, modern floor plans that cater to todays urban lifestyle. Positioned in a prime location, this project will be surrounded by bustling shopping centers, key public transportation hubs, and local parks and schools making it an attractive destination for future homeowners. The areas demand for well-designed, centrally located housing is high, and this project promises to meet that demand. With Fontana's continued growth and development, now is the perfect time for developers to capitalize on this opportunity. Build a community that combines style, comfort, and convenience, and become part of one of Southern Californias most dynamic residential markets. The Seller Has Already received Tenantive Approval and Tract Map approval thru planning for the Proposed 10 Unit Condominium project. Ready for Buyer or Investor to submit Permits request and start building away. "With 3 existing rental units generating income, this property offers immediate income returns while you secure permits and begin transforming it into a 10-condo investment project."
We present an incredible opportunity to bring to life a 10-unit condominium project in the thriving city of Fontana. This proposed development is designed to feature the elegant charm of Santa Barbara-style architecture, paired with spacious, modern floor plans that cater to todays urban lifestyle. Positioned in a prime location, this project will be surrounded by bustling shopping centers, key public transportation hubs, and local parks and schools making it an attractive destination for future homeowners. The areas demand for well-designed, centrally located housing is high, and this project promises to meet that demand. With Fontana's continued growth and development, now is the perfect time for developers to capitalize on this opportunity. Build a community that combines style, comfort, and convenience, and become part of one of Southern Californias most dynamic residential markets. The Seller Has Already received Tenantive Approval and Tract Map approval thru planning for the Proposed 10 Unit Condominium project. Ready for Buyer or Investor to submit Permits request and start building away. "With 3 existing rental units generating income, this property offers immediate income returns while you secure permits and begin transforming it into a 10-condo investment project."

Location

State CA

County San Bernardino

Area Fontana (92336)

Zoning Assessor

Interior

Cooling Other/Remarks

Appliance Other/Remarks

Building

Lot Description Sidewalks

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $183

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,320

Listing Terms Cash, Conventional, Exchange

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Listed by Carlos Ascencio • Re/Max Top Producers

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Nicole Hazelton

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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