9074 Olive St, Fontana, CA 92335
  • MLS#: 41094023 ( Single Family Residence )
  • Street Address: 9074 Olive St
  • Viewed: 1
  • Price: $749,000
  • Price sqft: $684
  • Waterfront: No
  • Year Built: 1922
  • Bldg sqft: 1095
  • Bedrooms: 2
  • Total Baths: 1
  • Full Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 87
  • Additional Information
  • County: SAN BERNARDINO
  • City: Fontana
  • Zipcode: 92335
  • Subdivision: Not Listed
  • Provided by: Simple Brokerage Inc.
  • Contact: Jagjit Jagjit
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Huge Development Opportunity in Prime Fontana Location! Plans Nearly Approved Build a 10 Unit Apartment Complex! Lot Size: 0.43 Acres | 18,900 Sq Ft. Calling all investors, builders, and developers! This rare Fontana gem is a prime opportunity to build a high demand multi family project on a spacious 0.43 acre lot. The current owners have invested over $50,000 and more than 2+ years of effort to secure critical approvals including PAM (Plan of Action and Mitigation) approval. Only the Design Review phase remains before you're ready to break ground on a 10 unit apartment complex, with each unit designed as a 2 bedroom, 2 bathroom layout. ? Property Highlights: PAM Approved Major milestone completed! 10 Unit Apartment Plan Each unit: 2 bed / 2 bath. Only Design Review Left Nearly shovel ready. $50K+ Already Invested in Approvals Save 2+ years of time and $50K+ money. Large Lot (18,900 sq ft) Room for parking, landscaping, or amenities. Centrally located near schools, parks, shopping, and major freeways. Existing 2 bed / 1 bath home (1,095 sq ft) currently on site great for staging or rental during development. Tremendous Land Value in a fast growing market. This is YOUR chance to develop a high yield income producing 10+ units property.
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Features
Construction Materials
  1. See Remarks
Cooling
  1. None
Fireplace Features
  1. Living Room
Flooring
  1. See Remarks
Garage Spaces
  1. 2.00
Heating
  1. None
Levels
  1. One
Parcel Number
  1. 0193131540000
Parking Features
  1. Garage
Pool Features
  1. None
Property Type
  1. Single Family Residence
Sewer
  1. Public Sewer
Subdivision Name Other
  1. Not Listed
Year Built
  1. 1922