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Listed by Juan Ponce • eXp Realty of California Inc
$ 4,500,000
Est. payment | /mo
331,928 SqFt
$ 4,500,000
Est. payment | /mo
331,928 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 331,928 sqft
Price per Sqft $13
MLS Listing ID CRPW23087670
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 7.620 Acres
Property Description
Introducing the Telephone Ave Development Opportunity in Chino: A prime investment in Southern California, this exceptional property spans 7.62 acres, offering a rare chance for visionary developers. Zoned for 12 lots, each with the potential for a duplex and 2 ADUs, this property allows for a total of 4 units per lot, creating an expansive opportunity to develop up to 48 units. The offering includes Parcel #1014-301-07-0000 and the adjacent Parcel #1014-301-01-0000, providing a comprehensive development package. Situated in the thriving city of Chino, this land is perfectly positioned to benefit from the area's rapid growth and expanding amenities. The property is currently undergoing the entitlement process, with plans in progress and subdivision underway by the owner, ensuring a streamlined transition for the new buyer. With Chino's zoning laws increasingly favoring higher-density residential projects, this property offers a unique opportunity to lead in the area's residential transformation. This development has the potential to yield significant profits and long-term capital appreciation. Don't miss your chance to shape the future of Chino's residential landscape. Welcome to Telephone Ave – where your next big venture begins!
Location
State CA
County San Bernardino
Interior
Fireplace No
Exterior
View None
Building
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767