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9529 Locust Avenue
Fontana, CA 92335

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Property Details


List Price: $975,000
Beds: --
Baths: --
Status: Pending
SqFt: --
Agency: Real Brokerage Technologies, Inc.

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Description/Comments


Lot Size: 90,605 sqft
Property Type: Lots And Land
Year Built: --
Notes: As you drive by this lot, witness the exceptional future that awaits and visualize its incredible potential, now with the added allure of recently *CONNECTED WATER AND AVAILABLE ELECTRICITY* on the property. Don't miss this extraordinary opportunity to acquire a remarkable 2.08-acre land lot in the thriving and sought-after area of Rising North Fontana. This property, boldly zoned as **residential multi-family**, holds immense potential for the development of 40 highly coveted residential units. Current zoning and regulations pave the way for the creation of a thoughtfully designed living space that promises both luxury and desirability.<br /> <br /> Nestled in a prime location, this property stands out with beautifully designed common areas that provide a tantalizing glimpse into the endless possibilities that await. Dive into the architectural marvels showcased in supplemental materials, revealing a state-of-the-art multi-unit apartment complex that's bound to leave a lasting impression.<br /> <br /> Conveniently situated mere minutes away from major transportation routes—including easy access to the 210 Freeway, the 66 Freeway, and a quick commute to the 10 Freeway—this property is strategically positioned to capitalize on the current surge of new housing developments in the area. This trend not only enhances the desirability of the location but also presents an enticing and promising investment opportunity.<br /> <br /> Unveiling its potential to build 40 UNITS, this property, with its **residential multi-family zoning**, aligns perfectly with the rising demand for housing in the area. These units are poised to command premium rental rates, ensuring a robust cash flow and significant investment potential. Consider the outstanding location, captivating architectural plans, and the current dynamic market conditions—the potential resale value of the 40 residential multifamily units upon completion could soar to an impressive $14,000,000. This presents an unparalleled opportunity for developers, investors, and visionaries alike.<br /> <br /> Seize the moment to secure this 2-acre land lot in Fontana and embark on a lucrative venture in the flourishing real estate market. Act promptly and consult with the San Bernardino County planning department to explore the full range of possibilities for your desired use before making an offer.
MlsNumber: SB23053531


Listing Provided By: Real Brokerage Technologies, Inc., original listing
Name: Real Brokerage Technologies, Inc.
Phone: (619) 248-6434
Office Name: Real Brokerage Technologies
Office Phone: (619) 248-6434
Agent Name: David Ifediba
Disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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