16227 Baseline Avenue , Fontana, CA 92336
Fontana, CA 92336
Description
AMAZING RARE ZONING ALLOWS ALMOST 90% OF ALL COMMERCIAL USES IN THE CITY!!! MANY USES FROM BUSINESS TO RESIDENTIAL MULTI-FAMILY BUILDINGS COULD BE BUIILT ON THIS RARE ZONED LOT. The conceptual plan provided was drawn for a 36 Unit Project which included 2 bed units and 1 bed units. However with a Senior Housing Project full of Efficiency Units and 1 bed units you could get 70+ units approved. Attached in supplements are the conceptual Architectural plans for a 36 unit apartment complex with Rental Office, Pool and spa area, Fountain and garden area, GYM, Theatre, Conference Room, Internet Room, and more. Just drive by this lot to see the potential. Located 2 minutes to the 210Fwy, 6 minutes to the 15fwy, and a quick drive to the 10fwy. New tract housing built now down the street by D.R. Horton and newer tracks are already built-in areas. These 36 units would command premium rents and would be exempt from the current rent control laws for the first 15 years due to being newly built units. The potential resale if the 36 units if built would be over $15,000,000 or units could be held for a very strong cash flow investment. If you look at the General Plan Zoning pictures I have provided in this listing pay attention to how little "RED" zoning appears on the General Plan- This zoning is very rare throughout the city(colored Red) and it is the most flexible zoning that would allow 90% of all types of commercial uses. Including but not limited to: residential or multi-family uses with one option being senior housing units of 70+ efficiencies and 1 bedrooms. Inquire over the phone at Fontana Planning Dept. at 909-350-6718 Monday-Thursday 8:00AM-5:00PM - They are closed on Fridays OR you can email your questions to: Planning@FontanaCA.GOV
Details
| MLS | IV24111611 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 104 |
| Listing Provided By | COLDWELL BANKER REALTY 714-832-0020 | ENRIQUE BALCAZAR |
Features
| Zoning | c2 |
|---|---|
| Acreage | 1.70 |
| Property View | Yes |
Market Activity 92336
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Fontana |
| Zip Code | 92336 |
| Area | 264 Fontana |
| Listing VS Median (in 92336) | |
Price: $1,990,000 low | high Med: $700,000 On Site: 104 low | high Med: 133 | |