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 Size1.2 Acres
Listing Provided Courtesy Of:
KUO-MING LEE with RE/MAX CHAMPIONS.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Great Potential Commercial Lots total about 52,351 SF surrounded by apartments, Value In Land. It is ideal for up to 51 units of senior Apartment per the attached proposed Senior 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

Community Features Storm Drain(s), Street Lights, Sidewalks, Urban
Listing Agent KUO-MING LEE - BRE#01344743
Listing Agent State License 01344743
MLS Area 264 - Fontana
Property Type Land
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)
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 1.2
Lot Size Area 52351
Lot Size Source Assessor
Lot Size Square Feet 52351
Lot Size Units Square Feet
Road Frontage Type City Street
Road Surface Type Paved
View Y/N Yes
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
AVG $1.25M
$1.45M
Visits
AVG 89
29
Walkscore
AVG 49
70
Data Provided by Walkscore ® not using MLS data

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