$125,000
$247,145
49.4%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 05/23/2024
Key Details
Sold Price $125,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRCV23201033
Sold Date 05/23/24
HOA Y/N No
Lot Size 0.250 Acres
Acres 0.25
Property Sub-Type Unimproved Land
Property Description
This Value Added Parcel is the FRONT LOT of Three of the Best Residential Parcels in Rancho Cucamonga! This fully-entitled, three lot subdivision boasts three nearly level, large lots (see also MLS listings for 0208-09-186 and 0208-09-187-0000; each lot exceeds 10,000 sq. ft. and they average over one quarter acre each). The location is superb for family living, for high-quality rental properties, and for optimizing unit count using ADU's. The parcels are adjacent to the Pacific Electric Trail, on Vineyard Ave. north of Foothill Blvd, and a very short walk from Red Hill Park. The City of Rancho Cucamonga has been advised to expect ADU's on each lot, per all discussions to date. Each lot has house plans (prepared, but not yet submitted), and the proposed unit distribution is for a Main Home (~ 2,400 sf), a Jr. ADU (~ 500 sf), and a detached ADU (~ 1,200 sf) on EACH LOT. This project is ideal for "Build to Rent" investment purposes (see projected rents in notes below). Many development steps are complete - Approved Parcel Map (subdivision done), Survey, Rough Grading, Soils Report, House Plans, Street Improvement Plans, Performance Bond, and more. The City of Rancho Cucamonga has expressed general verbal agreement to the development plan as broadly outlined. Sellers relocating in 2
Location
State CA
County San Bernardino
Zoning Resi
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer On Site, Telephone
View Y/N true
View Hills, Valley
Building
Lot Description Other
New Construction No
Others
Tax ID 0208091850000
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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