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Listed by Jagjit Singh • Simple Brokerage Inc.
$749,000
Est. payment /mo
2 Beds
1 Bath
1,095 SqFt
New
9074 Olive St Fontana, CA 92335
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,095 sqft
Price per Sqft $684
MLS Listing ID EB41094023
Style Other
Bedrooms 2
Full Baths 1
Originating Board Bridge MLS
Year Built 1922
Lot Size 0.434 Acres
Property Sub-Type Single Family Home
Property 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.
Location
State CA
County San Bernar
Area Other Area
Rooms
Dining Room Other
Kitchen None
Interior
Heating No Heating
Cooling None
Flooring Other
Fireplaces Type Living Room
Laundry None
Exterior
Exterior Feature Other
Parking Features Detached Garage, Garage
Garage Spaces 2.0
Pool Pool - No, None
Roof Type Other
Building
Lot Description Other
Story One Story
Sewer Sewer - Public
Water Public
Architectural Style Other
Others
Special Listing Condition New, Not Applicable
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