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$4,500,000
Est. payment /mo
7.62 Acres Lot
UPDATED:
09/30/2024 06:39 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW23087670
HOA Y/N No
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!
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
Area 681 - Chino
Zoning RS-1
Interior
Fireplace No
Exterior
Community Features Sidewalks
View Y/N No
View None
Present Use Agricultural
Building
Lot Description 2-5 Units/Acre
Water Public
New Construction No
Others
Senior Community No
Tax ID 1014301070000
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Special Listing Condition Standard
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Listed by Juan Ponce • eXp Realty of California Inc • 626-235-1591
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605