16227 Baseline Avenue
$1,629,000
74,052 / 1.7
Description
Introducing an Unbelievable Opportunity with Rare Zoning Flexibility! This exceptional lot offers nearly 90% of all commercial uses permitted within the city—a truly unique find! Whether you envision a thriving business hub or a residential multi-family development, the possibilities are endless. A conceptual plan has already been designed for a 36-unit complex featuring spacious 1- and 2-bedroom apartments. But here's where it gets even more exciting—with a senior housing project, you could potentially...Introducing an Unbelievable Opportunity with Rare Zoning Flexibility! This exceptional lot offers nearly 90% of all commercial uses permitted within the city—a truly unique find! Whether you envision a thriving business hub or a residential multi-family development, the possibilities are endless. A conceptual plan has already been designed for a 36-unit complex featuring spacious 1- and 2-bedroom apartments. But here's where it gets even more exciting—with a senior housing project, you could potentially secure approval for over 70 units of efficiency and 1-bedroom apartments! Located just 2 minutes from the 210 Freeway, 6 minutes from the 15 Freeway, and a quick drive to the 10 Freeway, this lot is in prime proximity to everything. And with new homes by D. R. Horton being built just down the street, this area is poised for growth! The 36 units, if constructed, would command premium rents and be exempt from rent control for the first 15 years due to their new construction status. The potential resale value of these units, once built, is estimated at over $15 million, or you could retain them for a substantial cash flow investment. For more details contact the Fontana Planning Department... Don’t miss out on this extraordinary opportunity!
- Listed by Adel Hamad • DRE #01937543 • Brokerage DRE #02062865 • Lifetime Realty Inc • 310-940-0168
Property Details for 16227 Baseline Avenue
View
Mountain(s)
New ConstructionNo
PoolNo
ViewYes
AssociationNo
Association Fee$.00
ZoningC2
Senior CommunityNo
LISTING UPDATED: 10/03/2024 11:09 AM
Property Details for 16227 Baseline Avenue
Status | Active |
---|---|
MLS # | PW24205853 |
Days on Market | 51 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 1.70 AC |
County | San Bernardino County |
Building Information for 16227 Baseline Avenue
Lot Size1.70 AC
Property Information for 16227 Baseline Avenue
Property History for 16227 Baseline Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 16227 Baseline Avenue
This home is within Fontana Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
Kathy Binks Elementary School PublicK to 5 | ||
Almeria Middle School Public6 to 8 | ||
Fontana A. B. Miller High School Public9 to 12 | ||
Birch High (Continuation) School Public10 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.