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$7,190,000
Est. payment /mo
3.43 Acres Lot
UPDATED:
10/14/2024 07:22 PM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV23141142
HOA Y/N No
Lot Size 3.430 Acres
Acres 3.43
Property Description
!00 units apartment plan has been pre-approved by major bank and investor for $50M, 5% fix interest rate from pre-entittlement all the way to carry on 30 years fixed loan. Great location in the blooming area. Completed street, curb, walkway, light posts and storm drain improvements. Electricity, water and sewer are on site ready to connect. R4 zoning currently can build up to 110 apartment units or 84 units of condos. Previous escrow has a plan of 100 units apartment unfinished entitlement. Contain three parcels APN # 0241-051-13, 0241-051-14, 0241-051-42. Located around 300 feet west of Sierra Ave. fully built and sold New homes community on north side and east side of the property, next to church. Close to 210, 15 and 215 Freeway. Sprouts, Costco, Lowe's, auto centers, and Amazon super size warehouses are close by.
Location
State CA
County San Bernardino
Area Listing
Zoning R4
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer On Site, Telephone
View Y/N true
View City Lights
Building
Lot Description Paved
New Construction No
Others
Tax ID 0241051130000
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Listed by INGRID HUANG • UPCITY GROUP