16885 Reed Street, Fontana, CA 92336 - Berkshire Hathaway HomeServices California Properties
16885 Reed Street Fontana, CA 92336
$1,100,000 0 beds, 0 baths
0 sqft

Agent Remarks

We present an incredible opportunity to bring to life a 10-unit condominium project in the thriving city of Fontana. This proposed development is designed to feature the elegant charm of Santa Barbara-style architecture, paired with spacious, modern floor plans that cater to today’s urban lifestyle. Positioned in a prime location, this project will be surrounded by bustling shopping centers, key public transportation hubs, and local parks and schools making it an attractive destination for future homeowners. The area’s demand for well-designed, centrally located housing is high, and this project promises to meet that demand. With Fontana's continued growth and development, now is the perfect time for developers to capitalize on this opportunity. Build a community that combines style, comfort, and convenience, and become part of one of Southern California’s most dynamic residential markets. The Seller Has Already received Tenantive Approval and Tract Map approval thru planning for the Proposed 10 Unit Condominium project. Ready for Buyer or Investor to submit Permits request and start building away. "With 3 existing rental units generating income, this property offers immediate income returns while you secure permits and begin transforming it into a 10-condo investment project."

Listing Details

Property type: Triplex (Multi-Family)
Status: Active Under Contract
MLS# PW24217123
List price is $1,100,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1951
1 story
0.42 acres
Lot size: 0.4154
County: San Bernardino
Interior features: All Bedrooms Down
Lot description: Back Yard,Yard
Heating/cooling: See Remarks
Heating description: See Remarks
MLS area: 264 - Fontana

Last Updated: 5/1/2025

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This listing belongs to the 264 - Fontana MLS area

Lat/Long: 34.109191, -117.436203.
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Listing Agent: Carlos Ascencio
Co Listing Agent: Krisante Gunewardena
Lic#: 01801928
Office Name: Sherman Oaks

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