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$1,100,000
5 Days Online

16885 Reed Street
Fontana, CA 92336

For Sale|Triplex|Active
0
Beds
0
Full Baths
0
Partial Baths
2,250
SqFt
$489
/SqFt
1951
Built
County:
San Bernardino
Listed by Carlos Ascencio of Re/Max Top Producers [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

16885 Reed Street16885 Reed Street16885 Reed Street16885 Reed Street
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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."

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Listing Snapshot
Price 
$1,100,000
Days Online 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,250 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4154 Acres
Year Built 
1951
MLS® Number 
PW24217123
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen online
6 days agoListing updated with changes from the MLS®
General Features
Acres 
0.4154
Contingency 
Buyer to participate with sellers 1031 exchange
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
1
Parking Spaces 
1
Property Sub Type 
Triplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2250
Stories 
One
Utilities 
Electricity ConnectedSewer Connected
Water Source 
Public
Interior Features
Cooling 
Fireplace Features 
None
Heating 
See Remarks
Laundry Features 
See Remarks
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Exterior Features
Lot Features 
Back Yard
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Street LightsSidewalks
Financing Terms Available 
CashConventional1031 ExchangeSubmit
MLS Area 
264 - Fontana


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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