$300.00 Per Sq Foot

4711 Mission Boulevard

Montclair CA, 91763

Description

Awesome opportunity for home builders! Welcome to one of the last large lots (2 lots to be sold together = approx. 2.48 acres) on Mission Blvd. perfect for a luxury multi-home builder! Lot is being sold with adjacent lot (4711 W & 4761 E Mission Blvd. Montclair, CA 91763, APN 1012-301-32), both totaling approx. 104,108 sqft. Zoned R-1, this huge property is located in an area of other newer beautiful homes and condominiums. Current estimate for development is approx. 14 single family homes on approx. 7,500 sqft lots each. Currently this property is comprised of a popular 6,000 sqft restaurant/night club with a spacious parking lot. The city is encouraging the new buyer to redevelop the property and make the most of this red-hot Homesellers Market where current inventory is very low! Homes in the surrounding area range in size from 2,300 sqft to 3,500 sqft; one nearby home at 2,344 sqft sold in March of 2021 for $725K. Buyer to verify property info and development potential. We are located near an outdoor drive-in theatre, schools, major retail area and restaurants. We are about 5 minutes away from the 60 and 10 Freeways.

Details

MLS#CV21091162
Listing TypeFor Sale
StyleIQWeb_Operating Business
Sub-TypeResale
StatusActive
Days On Site15

Features

SQ Feet6,000
Story(s)1
ZoningR-1
Acreage2.39

Market Activity 91763

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Area Information
StateCA
CountySan Bernardino
CityMontclair
Zip Code91763
Area685 - Montclair
Listing VS Median (in 91763)
Price:
$1,800,000
low | high
Med:
$537,450
100% of Average
SqFt:
6,000
low | high
Med:
577
100% of Average
$ / SqFt:
$300
low | high
Med:
$232
72.732524552282% of Average
On Site:
15
low | high
Med:
300.5
4.991680532446% of Average
Sourced by Back At You
Listing Updated: May 12, 2021 7:15:42 AM PDT
MARTHA CERVANTES LogoMLS Number: CV21091162
Listing Provided By:
MARTHA CERVANTES  of  BERKSHIRE HATH HM SVCS CA PROP
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