$3,000,000

9378 Acacia Avenue

Fontana CA, 92335

Description

Listing is for 4 parcels sold concurrently, address of 9378-9406 Acacia Ave. Prime investment opportunity. Located in the south-eastern edge of the city's ***TRANSITIONAL DISTRICT***. Currently proposed for 108-units multi-family apartment plan. Per City regulations, zone restriction for maximum of 39-units per acre for multi-family use or maximum of 12-units per acre for detached single family use. Buyer and buyer broker to verify with the city and conduct an independent investigation to determine and to satisfy the suitability of the property for your needs. Quiet neighborhood. The surrounding area are well developed with easy access to the 10 FWY. Its close proximity to Kaiser Permanente Fontana Medical Center and the retail area make it a highly desirable location for residential development. The property is classified as Transitional District which allows for multi-family or single-family residential development, or mixed-used development with a commercial component.

Details

MLS#TR20221858
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site97

Features

ZoningR-2
Acreage2.84
Property ViewYes

Market Activity 92335

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Area Information
StateCA
CountySan Bernardino
CityFontana
Zip Code92335
Area264 - Fontana
Listing VS Median (in 92335)
Price:
$3,000,000
low | high
Med:
$480,000
100% of Average
On Site:
97
low | high
Med:
108
89.814814814815% of Average
Listing Updated: December 14, 2020 2:38:20 AM PST
Helen Wong LogoMLS Number: TR20221858
Listing Provided By:
Helen Wong  of  Imax Realty Mortgage Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.