16885 Reed Street
Fontana, CA 92336
0.42 acres | #PW24217123
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."
Property Details
- Utility FeaturesElectricityConnected, SewerConnected
- InteriorAllBedroomsDown
- CountySan Bernardino
- Lot DescriptionBackYard, Yard
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,100,000
- MLS #PW24217123
- MLS #PW24217123
- Cost1100000
- Property SubtypeTriplex
- Acres0.4154
- Utility SourcePublic
- Year Built1951
- Stories1
- Parking Spaces1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Carlos Ascencio (#PCARLASC)
Listing Office: Re/Max Top Producers (#PB18203)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
