Bought with XUEMEI SUN • Pinnacle Real Estate Group
$1,575,000
$1,599,900
1.6%For more information regarding the value of a property, please contact us for a free consultation.
204,731 SqFt
SOLD DATE : 03/20/2024
Key Details
Sold Price $1,575,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 204,731 sqft
Price per Sqft $7
MLS Listing ID CRIV24026671
Sold Date 03/20/24
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 4.700 Acres
Property Sub-Type Unimproved Land
Property Description
Discover an enticing investment opportunity in Chino, where this property's prime location and flexible zoning beckon developers and investors alike. With its current zoning as SFR 4.5 complemented by the Measure Y overlay for multifamily units, the stage is set for a promising development venture. Featuring a cozy 2-bed, 1-bath home spanning 1114 sqft, alongside a recently renovated spacious storage room, the property already boasts valuable assets. However, the true allure lies in its development prospects. The owner has meticulously researched the city's regulations and has a comprehensive site plan ready for submission, highlighting the potential for the construction of 5 duplexes and 5 ADUs in accordance with Measure Y's development code. Investors can rest assured knowing they are tapping into a thriving market with this property. Its strategic location ensures easy access to amenities, transportation, and key facilities, making it an attractive prospect for future tenants or buyers. Don't miss out on this golden opportunity to unlock the full potential of this property and maximize your returns in Chino's flourishing real estate landscape.
Location
State CA
County San Bernardino
Interior
Fireplace No
Exterior
View None
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