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Listed by Juan Ponce • eXp Realty of California Inc
$ 4,500,000
Est. payment | /mo
7.62 Acres Lot
$ 4,500,000
Est. payment | /mo
7.62 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW-23087670
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!
Location
State CA
County San Bernardino
Area 681 - Chino
Zoning RS-1
Exterior
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
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Darren Humphrey
REALTOR®/ Shareholder | Lic# DRE 01724424