$995,000
$995,000
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0.57 Acres Lot
SOLD DATE : 04/12/2024
Key Details
Sold Price $995,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24013462
Sold Date 04/12/24
HOA Y/N No
Lot Size 0.574 Acres
Acres 0.5739
Property Description
VALUE IS IN THE LAND!!!! This property consists of two parcels, totaling 25,000 square feet, currently zoned RM-20 (Residential Multi-Family Low, densities up to 20 units per net acre) and per the City of Upland soon to be re-zoned RM-30 (Residential Multi-Family Medium, densities up to 30 units per net acre). Both the current and proposed zoning would allow building heights up to 40 feet. Since the value is in the land, the list price reflects that no value has been assigned to the current structures. Currently used as a contractor's business facility, it is considered by the City to be a legal non-conforming use. City staff has indicated the current use may be allowed to continue on an interim basis with conditions. Buyers and their agents must verify proposed uses with the City prior to submitting offers.
VALUE IS IN THE LAND!!!! This property consists of two parcels, totaling 25,000 square feet, currently zoned RM-20 (Residential Multi-Family Low, densities up to 20 units per net acre) and per the City of Upland soon to be re-zoned RM-30 (Residential Multi-Family Medium, densities up to 30 units per net acre). Both the current and proposed zoning would allow building heights up to 40 feet. Since the value is in the land, the list price reflects that no value has been assigned to the current structures. Currently used as a contractor's business facility, it is considered by the City to be a legal non-conforming use. City staff has indicated the current use may be allowed to continue on an interim basis with conditions. Buyers and their agents must verify proposed uses with the City prior to submitting offers.
Location
State CA
County San Bernardino
Area Upland (91786)
Building
Lot Description Sidewalks
Others
Monthly Total Fees $18
Acceptable Financing Cash
Listing Terms Cash
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Bought with Xing Sheng • Keller Williams Premier Prop