Fontana, CA 92336,16885 Reed Street
Listed by Carlos Ascencio • Re/Max Top Producers
Bought with Ramya Sundararaman • Crown Realty and Finance, Inc.
$900,000
$1,100,000
18.2%
Est.Price: ?

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2,250 SqFt

16885 Reed Street Fontana, CA 92336

Est. payment /mo
SOLD DATE : 07/03/2025

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Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $400

MLS Listing ID CRPW24217123

Sold Date 07/03/25

HOA Y/N No

Year Built 1951

Lot Size 0.415 Acres

Property Sub-Type Triplex

Source Datashare California Regional

Property Description

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 proje

Location

State CA

County San Bernardino

Interior

Heating See Remarks

Cooling Other

Fireplace No

Laundry See Remarks

Building

Lot Description Other, Back Yard

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Bay East AOR and Contra Costa AOR

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