Listing by: Adel Hamad, Lifetime Realty Inc, 310-940-0168

0 Beds

n/a Full bath

n/a SqFt

Active

Introducing an Unbelievable Opportunity with Rare Zoning Flexibility! This exceptional lot offers nearly 90% of all commercial uses permitted within the city—a 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 exciting—with 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... Don’t miss out on this extraordinary opportunity!

Property Details
Price $1,629,000
Lot Size Area 74052
Lot Size Area Units Square Feet
Acres 1.7
Property Type Land
Exterior Features Curbs,Sidewalks,Storm Drains,Street Lights
View Mountain(s)
Lot Description 36-40 Units/Acre,Lot Over 40000 Sqft,Over 40 Units/Acre,Utilities - Overhead,Value In Land
Association Fee 0
Geographic Data
Directions Located South of the 210Fwy close to the corner of Citrus Ave and East of the 15FWY
County San Bernardino
Latitude 34.121163
Longitude -117.450845
Market Area 264 - Fontana
Address Information
Address 16227 Baseline Ave, Fontana, CA 92336
Postal Code 92336
City Fontana
State CA
Country United States
Listing Information
Listing Office Lifetime Realty Inc
Listing Agent Adel Hamad
Listing Agent Phone 310-940-0168
Attribution Contact 310-940-0168
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 0
MLS Status Active
Listing Date Oct 3, 2024
Listing Last Modified Oct 4, 2024
MLS Area 264 - Fontana
MLS # PW24205853

This information is believed to be accurate, but without any warranty.
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