16885 Reed ST Fontana, CA 92336
UPDATED:
10/23/2024 03:43 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24217123
HOA Y/N No
Year Built 1951
Lot Size 0.415 Acres
Property Description
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."
Location
State CA
County San Bernardino
Area 264 - Fontana
Interior
Interior Features All Bedrooms Down
Heating See Remarks
Cooling See Remarks
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Sewer Connected
Total Parking Spaces 1
Private Pool No
Building
Lot Description Back Yard, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0190154170000
Acceptable Financing Cash, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Conventional, 1031 Exchange, Submit
Special Listing Condition Standard
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