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16842 Ramona Ave - 16842 Ramona
1.2 Acres of Residential Land Offered at $1,200,000 USD in Fontana, CA 92336
Investment Highlights
- Potential to develop 12-24 Units/acre (per city planning)
- Near 210 & 10 freeways
Executive Summary
Property Facts In Escrow
| Price | $1,200,000 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 1.20 AC |
| No. Lots | 1 |
| Price | $1,200,000 USD |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.20 AC |
1 Lot Available
Lot
| Price | $1,200,000 USD | Lot Size | 1.20 AC |
| Price Per AC | $1,000,000 USD |
| Price | $1,200,000 USD |
| Price Per AC | $1,000,000 USD |
| Lot Size | 1.20 AC |
Great Lot over 1 Acer with great potential for a developer to build a multi-family apartment complex. Check with the city for requirements and restrictions..
Description
MGR Real Estate is pleased to offer this excellent opportunity for Developers and Investors!!! Subject property is zoned R3 (multi-family), situated on 1.2 acres (+/- 52,272 SQ. FT.) with the ability to develop 12-24 units/acre, per the city planning department. Buyers and Buyer’s agents to verify/confirm with city planning zoning and building density. located in a highly desirable area of Fontana near the corner of Ramona Ave. and Sierra Ave. with close proximity to the 210 & 10 freeways. Property is directly across the street from the newly developed 60-unit Sierra Fountains Apartments and directly adjacent to a 93-unit townhome development project currently underway.
zoning
| Zoning Code | R3 |
| R3 |
Presented by
16842 Ramona Ave - 16842 Ramona
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