9529 Locust Avenue, Fontana CA, 92335
(Active)
$900,000
|
|
MLS# SB23053531
Last Updated: 5/2/2024 5:20 AM
Description for
9529 Locust Avenue
Fontana, CA 92335
Drive by this exceptional 2.08-acre land lot in Rising North Fontana and envision its incredible potential, now with *CONNECTED WATER METER AND AVAILABLE ELECTRICITY*. Zoned as residential multi-family, this property offers the opportunity to develop 40 highly coveted residential units. With thoughtfully designed living spaces promising luxury and desirability, and conveniently located minutes from major transportation routes, including the 210, 66, and 10 freeways, the property is primed to capitalize on the area's surge in housing developments. With potential resale value soaring to $14,000,000 upon completion, this presents an unparalleled opportunity for developers and investors. Act promptly to secure this lucrative venture in the flourishing real estate market, consulting with the San Bernardino County planning department to explore possibilities before making an offer. Additionally, note that while the closest sewer connection is six blocks away, septic is available, further enhancing the property's appeal to developers.
Price
$900,000
San Bernardino
SB23053531
Active
Description
Drive by this exceptional 2.08-acre land lot in Rising North Fontana and envision its incredible potential, now with *CONNECTED WATER METER AND AVAILABLE ELECTRICITY*. Zoned as residential multi-family, this property offers the opportunity to develop 40 highly coveted residential units. With thoughtfully designed living spaces promising luxury and desirability, and conveniently located minutes from major transportation routes, including the 210, 66, and 10 freeways, the property is primed to capitalize on the area's surge in housing developments. With potential resale value soaring to $14,000,000 upon completion, this presents an unparalleled opportunity for developers and investors. Act promptly to secure this lucrative venture in the flourishing real estate market, consulting with the San Bernardino County planning department to explore possibilities before making an offer. Additionally, note that while the closest sewer connection is six blocks away, septic is available, further enhancing the property's appeal to developers.
Listing Information
| Property Type: Land, Other | ||
| 2.08 Acres | Assessor | |
None
Electricity Available,Natural Gas Available,Sewer Available,Water Available,Water Connected,Water Not Available
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Mountain, Other, Trees/Woods
RM, Residential/Multi-Family
Chain Link
2-5 Units/Acre,Corner Lot
Driving Directions
Take the 60 E, take exit I-15 toward N Barstow, follow signs for I-10E, exit on Sierra Ave, turn into Sierra Ave, Valley blvd, left on Locust Ave
Financial Considerations
| 0249161200000 |
Cash,Cash to New Loan,Conventional
Listing Price History
Fontana Real Estate
Fontana is located in California. Fontana, California 92335 has a population of 219,169.
The median household income in Fontana, California 92335 is $54,734. The median household income for the surrounding county is $65,961 compared to the national median of $66,222. The median age of people living in Fontana 92335 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/8/2024 | Active | $900,000 USD -7.69% |
|
| 2/29/2024 | Pending | $975,000 USD |
|
| 2/6/2024 | Contingent | $975,000 USD |
|
| 1/16/2024 | Active | $975,000 USD -2.50% |
|
| 8/21/2023 | Active | $1,000,000 USD -9.09% |
|
| 8/1/2023 | Active | $1,100,000 USD 22.22% |
|
| 7/12/2023 | Active | $900,000 USD -18.18% |
|
| 6/14/2023 | Active | $1,100,000 USD |
|
| 5/31/2023 | Contingent | $1,100,000 USD |
|
| 4/7/2023 | Active | $1,100,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $3,495 USD | 2.31% | $295,827 USD | - |
| 2022 | $3,415 USD | -2.21% | $295,827 USD | 2.00% |
| 2021 | $3,492 USD | 0.58% | $290,026 USD | 2.00% |
| 2020 | $3,472 USD | - | $284,339 USD | - |