16885 Reed Street

Fontana, CA 92336

  • 3 Bed(s)
  • 3 Bath(s)
  • 2,250 Sqft
  • 18095
    Sqft(Lot)
$1,100,000

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 Type

    Residential Income
  • County

    San Bernardino
  • Style

    Residential Income
  • AD ID

    47379293

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Down
    • Fireplace: None

    Cooling Features

    • See Remarks
    • Air Conditioning

    Heating Source

    • See Remarks
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0
  • Building Information

    • Year Built: 1951
    • Building Area Total: 2,250

    Pool Features

    • None

    Laundry Features

    • See Remarks
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4154
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 18095
  • Listing Price Information

    • Original List Price: 1,100,000
    • Listing Contract Date: 2024-10-16

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 0190154170000
  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 264 - Fontana
    • Postal Code Plus 4: 2663
    • Directions: Corner of Sierra AVe and Reed Street
    • Source Property Type: Residential Income
    • Area: 264 - Fontana
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 73
    • Common Walls: 1 Common Wall
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 11/16/2024 @ 20:27

  • MLS: PW24217123
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 3 bedrooms which is for sale, it has 2,250 sqft, 18,095 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Fontana , in zip code 92336, this San Bernardino County Home are nearby neighborhoods.