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16885 Reed Street

Fontana, CA 92336

– beds
– baths
– sqft
~1/2 acre lot
1951 build
– on site

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."

Listed By CRMLS_CA / Carlos Ascencio / Re/Max Top Producers / 562-254-8677

Last checked: Checking… • Last updated Oct 28, 2024 •

MLS# PW24217123 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1951
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

2250.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

3
Stories Total:

1
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Levels:

One
Entry Location:

1
Room Type:

All Bedrooms Down
Fireplace:

No
Fireplace:

None
Laundry:

See Remarks
Laundry:

1

Location

Directions:

Corner of Sierra AVe and Reed Street
Latitude:

34.10919100
Longitude:

-117.43620300

The Property

Property Type:

Residential Income
Subtype:

Triplex
Lot Features:

Back Yard, Yard
Lot Size Area:

18095.0000
Lot Size Acres:

0.4154
Lot Size SqFt:

18095.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

28.01
Tax Tract:

1852
Tax Lot:

75

The Listing

Special Listing Conditions:

Standard
Parcel Number:

0190154170000

Heating & Cooling

Heating:

1
Heating:

See Remarks
Cooling:

Yes
Cooling:

See Remarks

Utilities

Utilities:

Electricity Connected, Sewer Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Association:

No

Parking

Parking Spaces:

1.00
Garage Spaces:

1.00

Extra Units

Average 1 Bed Area:

750

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/18/24 Oct 18, 2024	Listed / Active	CRMLS_CA	$1,100,000

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This multifamily located in Fontana, CA 92336 is currently for sale for $1,100,000. 16885 Reed Street is a – square foot multifamily with – beds and – baths that has been on Estately for 27 days. This multifamily is in the attendance area of Fontana A. B. Miller High School, Juniper Elementary School, and Almeria Middle School.

Listing Courtesy of: CRMLS_CA and Re/Max Top Producers. Based on information from California Regional Multiple Listing Service, Inc. as of 21:32 on Nov 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.