Views
Address
16281 Arrow Boulevard, Fontana, CA
Price
$ 1,450,000
Property Attributes
- MLS#CV19166543
- TypeLand
- CountySAN BERNARDINO
- CityFontana
- AreaFontana
- Zip92335
- Style
- Price$ 1,450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.20181 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Great Potential Commercial Lots total about 52,351 SF surrounded by apartments, Value In Land. The zoning to be FBC-Transition. The 1.2 acres lot can be built up to 46 units apartment. It is also ideal for up to 51 units of regular or senior Apartment per the attached proposed Apartment Plan, Restaurants, Coin Laundry, Hair and/or Nail Salons, Offices, Medical Offices, and Auto Shops. There was a proposed Plan to be built out 2 commercial buildings: 3,120 SF and 12,680 SF. There are two lots (16281 Arrow Blvd and 8528 Oleander Ave) included in the sale, each lot with a house 2 bedrooms and 1 bathroom about 888 SF, generating income $1,490 monthly. Tenants have resided in the properties for many years. It will continuously generate income while working on new redevelopment plans. The lots are located on the signalized southwest corner of Arrow Blvd and Oleander Ave. The frontage on Arrow Blvd to be 278 ft and Oleander Ave to be 155 ft. Arrow Blvd is a major thoroughfare for many residents who live in the area. The Property is close to Downtown Fontana, Metro link Plaza, shopping centers, restaurants, Foothill Blvd on the north leading to Victoria Gardens, Auto Club Speedway on the southwest, 10 FWY leading to Ontario Mills and accessing to 15 FWY. Two lots to be sold together, no termite reports and maintenance warranty to be provided by the Sellers, the subject properties are to be sold "As Is" conditions with No repairs. Please Do Not disturb the tenants because they were not aware of the sale of the properties. Please check with City of Fontana for permitted uses and development standards.
| Price History | |
|---|---|
| 7/1/2021 | Listed $1,450,000 |
General Features
| Additional Parcels Description | 0191171400000 |
|---|---|
| Community Features | Storm Drain(s), Street Lights, Sidewalks, Urban |
| Listing Agent | KUO-MING LEE - BRE#01344743 |
| Listing Agent State License | 01344743 |
| Lot Size Square Feet | 52351 |
| MLS Area | 264 - Fontana |
| Property Type | Land |
| Senior Community Y/N | No |
| Sewer | Unknown |
| Special Listing Conditions | Standard |
| Status | Active |
| Terms | Cash, Cash to New Loan, 1031 Exchange |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Connected |
| View | Mountain(s) |
| View Y/N | Yes |
| Zoning | C2 |
Exterior Features
| Fencing | Wire |
|---|---|
| Lot Features | Corner Lot, Lot Over 40000 Sqft, Level, Near Public Transit, Rectangular Lot, Value In Land |
| Lot Size Acres | 1.2018 |
| Lot Size Area | 52351 |
| Lot Size Source | Assessor |
| Lot Size Units | Square Feet |
| Road Frontage Type | City Street |
| Road Surface Type | Paved |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 92335
Price
Visits
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2022 5:35 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Copyright 2022, Bay Area Real Estate Information Services, Inc. All Right Reserved.
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of BAREIS - Bay Area Real Estate Information Services MLS and may not be the listings of the site owner. All the listing data contained in this site is the copyrighted and confidential material of the Bay Area Real Estate Information Services MLS. Such information cannot be duplicated or distributed
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2022 5:35 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
