$ 1,100,000
16885 Reed Street Fontana, CA 92336
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$ 1,100,000
Est. payment /mo
Active
16885 Reed Street Fontana, CA 92336
3 Beds
2,250 SqFt
UPDATED:
10/23/2024 06:45 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,250 sqft
Price per Sqft $488
MLS Listing ID CRPW24217123
Bedrooms 3
HOA Y/N No
Year Built 1951
Lot Size 0.415 Acres
Acres 0.42
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 today�??s 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 area�??s 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 California�??s 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 proje
Location
State CA
County San Bernardino
Area Listing
Interior
Heating See Remarks
Cooling Other
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Back Yard
Utilities Available Sewer Connected
Total Parking Spaces 1
Building
Lot Description Other, Back Yard
New Construction No
Others
Tax ID 0190154170000
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Listed by Carlos Ascencio • Re/Max Top Producers