Fontana, CA 92336,0 Sierra Ave & Micallef St

$550,000

Est. payment /mo

$526,000

4.6%
Est.Price: ?

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0 Sierra Ave & Micallef St Fontana, CA 92336

0.61 Acres Lot

SOLD DATE : 10/21/2024

Key Details

Sold Price $550,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR24159481

Sold Date 10/21/24

HOA Y/N No

Tax Year 2023

Lot Size 0.614 Acres

Property Description

Prime Development Opportunity: Versatile Vacant Land with Unlimited Potential in Fontana**

Unlock endless possibilities with this exceptional vacant land, ideally positioned in Fontana, a city renowned for its cultural, sporting, and recreational opportunities. The city is actively encouraging mixed-use and live-work developments, making this property a perfect candidate for innovative projects. With zoning potential to be upgraded to R3, you can explore various residential, commercial, or mixed-use developments to maximize your investment.

A live-work development on this property offers significant advantages for investors. As a landlord, you can lease spaces to companies rather than individuals, ensuring more secure and stable rental income. Additionally, live-work units are in high demand, especially with major employers like Amazon nearby, creating job opportunities that attract a steady stream of tenants.

Fontana boasts numerous amenities that enhance the quality of life, including the iconic Center Stage Theater, the Art Depot, Auto Club Speedway, and 48 parks. The city also offers highly acclaimed sports and recreation facilities like the Dodgers Dreamfield, 59 sports fields, and the Pacific Electric Trail. The state-of-the-art Lewis Library and Technology Center, a landmark in the city, provides the largest collection and library space in San Bernardino County, along with computer workstations, a career center, and meeting rooms.

Education is a priority in Fontana, served by five school districts with a solid B+ overall rating. Chaffey Community College's campuses offer a wide range of general education and career advancement courses. Recognized by Best Life magazine as the 24th best place to raise a family in the U.S., Fontana has been named one of the Nation's 100 Best Communities for Young People and ranked among the Top 20 Safest Cities in the Nation.

Whether you envision a vibrant residential community, a dynamic live-work space, or a unique mixed-use development, this land offers the flexibility and potential to bring your vision to life. Don't miss out on this rare opportunity to create something truly special in a city that's embracing progress, innovation, and a high quality of life.

The buyer assumes full responsibility for verifying all city information, zoning regulations, square footage, and conducting due diligence. The seller and agent make no representations or warranties regarding the accuracy of these details.

Location

State CA

County San Bernardino

Area 264 - Fontana

Zoning R3

Interior

Fireplace No

Exterior

Fence None

Community Features Street Lights, Suburban, Sidewalks, Urban, Valley

View Y/N Yes

View Canyon, Hills, Mountain(s), Valley

Present Use Investment,Residential,See Remarks,Unimproved

Building

Lot Description 0-1 Unit/Acre, 2-5 Units/Acre, Corner Lot, Flag Lot, Near Public Transit, Walkstreet

Water Public

New Construction No

Others

Senior Community No

Tax ID 0240132070000

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Tsu-Cha Wuo • Han Investment Group Inc. • Jwuo218@gmail.com
Bought with General NONMEMBER • NONMEMBER MRML
agent

Dan McLemore

Agent | License ID: 02043167

+1(562) 534-1673

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