16227 Baseline Avenue Fontana, CA 92336
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Enrique Balcazar - Contact:  909-659-2164

  16227 Baseline Avenue Fontana, CA 92336

Active (31 Days)
$1,990,000

Description

AMAZING RARE ZONING ALLOWS ALMOST 90% OF ALL COMMERCIAL USES IN THE CITY!!! MANY USES FROM BUSINESS TO RESIDENTIAL MULTI-FAMILY BUILDINGS COULD BE BUIILT ON THIS RARE ZONED LOT. The conceptual plan provided was drawn for a 36 Unit Project which included 2 bed units and 1 bed units. However with a Senior Housing Project full of Efficiency Units and 1 bed units you could get 70+ units approved.



Attached in supplements are the conceptual Architectural plans for a 36 unit apartment complex with Rental Office, Pool and spa area, Fountain and garden area, GYM, Theatre, Conference Room, Internet Room, and more. Just drive by this lot to see the potential. Located 2 minutes to the 210Fwy, 6 minutes to the 15fwy, and a quick drive to the 10fwy. New tract housing built now down the street by D.R. Horton and newer tracks are already built-in areas. These 36 units would command premium rents and would be exempt from the current rent control laws for the first 15 years due to being newly built units. The potential resale if the 36 units if built would be over $15,000,000 or units could be held for a very strong cash flow investment.



If you look at the General Plan Zoning pictures I have provided in this listing pay attention to how little RED zoning appears on the General Plan- This zoning is very rare throughout the city(colored Red) and it is the most flexible zoning that would allow 90% of all types of commercial uses. Including but not limited to: residential or multi-family uses with one option being senior housing units of 70+ efficiencies and 1 bedrooms. Inquire over the phone at Fontana Planning Dept. at 909-350-6718 Monday-Thursday 8:00AM-5:00PM - They are closed on Fridays OR you can email your questions to: Planning@FontanaCA.GOV

MLS #:
IV24111611
Lot Size
1.7 acres
Type
Land
Views
Panoramic, Mountain(s)
County
San Bernardino County

Listed By

Enrique Balcazar, DRE #01258142 CA, Coldwell Banker Realty, Contact: 909-659-2164
Source
CRMLS
Last checked Sep 8 2024 at 1:14 AM GMT+0000
Bathroom Details
Lot Information
  • Value In Land
  • Lot Over 40000 Sqft
  • 36-40 Units/Acre
Utility Information
  • Utilities: Water Source: Public, Water Available, Underground Utilities, Sewer Available, Phone Available, Overhead Utilities, Natural Gas Available, Electricity Available, Cable Available
Additional Information: Yorba Linda | 909-659-2164
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.