$900,000
$1,100,000
18.2%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Ramya Sundararaman Crown Realty and Finance, Inc.