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$ 5,250,000
Est. payment /mo
Active
0 Foothill Boulevard Fontana, CA 92335
4 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25217423
HOA Y/N No
Lot Size 4.004 Acres
Acres 4.0
Property Sub-Type Unimproved Land
Property Description
Pleased to present the opportunity to acquire a prime 4-acre development site located at the signalized southeast corner of Foothill Boulevard (Historic Route 66) and Locust Avenue in Fontana, California. The land is zoned R-5 (High Density Residential), in which the site permits multifamily, condominium and mixed-use development. By right, developers can construct 159-200 units (equates to 39-50 units per acre) with a maximum height of 55 feet. Developers may further leverage California’s Density Bonus Program allowing for an additional 20 percent increase in unit count when incorporating affordable housing. Strategically positioned, the property offers excellent visibility with approximately 295 feet of frontage on Foothill Boulevard and approximately 590 feet of frontage on Locust Avenue. Utilities are readily available with water and sewer service from the city of Fontana, electricity provided by Southern California Edison and gas by Southern California Gas. The city of Fontana is one of the fastest-growing cities in Southern California with a population of approximately 215,000 residents (2023). In addition, there are over 374,600 residents that live within a five-mile radius of the property and this population is projected to grow by 1.5 percent before the end of 2029. Fo
Location
State CA
County San Bernardino
Zoning R-5
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 0246051130000
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Listed by Douglas McCauley • MARCUS & MILLICHAP