$1,100,000
 $5,905 est/mo Sourced by Back At You

16885 Reed Street,Fontana, CA 92336

Fontana, CA 92336

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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 project."

Details

MLS#PW24217123
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1951
Days On Site193
Listing Provided ByRe/Max Top Producers 909-590-8853 | Carlos Ascencio

Features

SQ Feet2,250
Garage1
Story(s)1
Units3
Building(s)2
Acreage0.42
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 4 seconds ago
StateCA
CountySan Bernardino
CityFontana
Zip Code92336
Area264 Fontana
Listing VS Median (in 92336)
Price:
$1,100,000
low | high
Med:
$1,100,000
50% of Average
SqFt:
2,250
low | high
Med:
2,250
50% of Average
$ / SqFt:
$489
low | high
Med:
$489
50% of Average
On site:
193
low | high
Med:
193.000000
100% of Average
Sourced by Back At You
Listing Updated: April 15, 2025 at 6:23:25 PM PDT