Fontana, CA 92336,16885 Reed Street
Fontana, CA 92336,16885 Reed Street
Fontana, CA 92336,16885 Reed Street
Fontana, CA 92336,16885 Reed Street
Fontana, CA 92336,16885 Reed Street
Fontana, CA 92336,16885 Reed Street
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$900,000

$1,100,000

18.2%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths


SOLD DATE : 07/03/2025

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24217123

Sold Date 07/03/25

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

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."

Location

State CA

County San Bernardino

Zoning Assessor

Direction Corner of Sierra AVe and Reed Street

Interior

Heating Other/Remarks

Cooling Other/Remarks

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 0190154170000

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MLS Router / San Diego MLS
Listed by Carlos Ascencio Re/Max Top Producers
Bought with Ramya Sundararaman Crown Realty and Finance, Inc.
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+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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