Keegan Cin | Realtor® | License # DRE 01971604

Property

Fontana, CA 92335 17848 17858 Foothill Boulevard

17848 17858 Foothill Boulevard Fontana, CA - Image 117848 17858 Foothill Boulevard Fontana, CA - Image 217848 17858 Foothill Boulevard Fontana, CA - Image 3
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17848 17858 Foothill Boulevard Fontana, CA - Image 417848 17858 Foothill Boulevard Fontana, CA - Image 517848 17858 Foothill Boulevard Fontana, CA - Image 6
Presented By: Armen Simonian with Keller Williams R. E. Services; 818-388-4468
  • MLS# GD25021572
  • 01/30/2025
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Home Details

This sales includes both adjoining parcels 17848 & 17858 Foothill Blvd Fontana Per the city website as of July 12, 2024: "Fontana is a modern city that offers its residents and visitors a wealth of community activities, a thriving local economy and central access to major business centers... In 2014, Fontana was named in the Top 20 Safest Cities in the Nation by Business Insider and in 2017, Fontana was named the second strongest City financially by the Fiscal Times. In 2018, Fontana was named the Most Prosperous City in California and the Fourth Most Prosperous in the United States by RENTCafe." Buyers are advised to do their own investigation not only on city Website. Both parcels are R5 zoning. According to seller recollection from an old survey which he no longer has in his possession, the total combined square footage of the 2 parcels is 217,000 square feet which makes it 4.98 acres. Seller and his agent Keller Williams real estate Glendale, and listing agent does not warrant this information and instructs buyer to do their own survey to verify. According to city code as of July 12, 2024 , for R5 zoning you could build minimum 39.1 residential units per acre, and maximum 50 residential units per acre. In addition you could also build up to 25% of city approved units as accessory residential dwelling units provided you meet all city codes and requirements per city which could be less than 25% of total units.. You could also build more units if you apply city density bonus and must dedicate a certain percentage of the total units for very low income tenants. Buyer to contact city as to what that percentage is to find out the maximum rent allowed for those tenants, and investigate all requirements from city for using the density bonus and all city requirements for accessory dwelling units. Both parcels are above/North upslope of Foothill Blvd which makes it less costly for building apartments due to city requirements regarding draining issues. Both parcels are leveled lot , one parcel has old remains of foundation from a old Motel 14951 Foothill Blvd Fontana is newer apartment building called Levante Apartment Homes , their asking rent per verbal communication with their property manager was 2100 for one bedroom and 2825 for 2 bedrooms as of February 1, 2022. buyer to verify this information currently.
Presented By: Armen Simonian with Keller Williams R. E. Services; 818-388-4468

Interior Features for 17848 17858 Foothill Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 17848 17858 Foothill Boulevard

Additional Parcels Description0243101390000
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityFontana
Community FeaturesSidewalks
CountySan Bernardino
DirectionsOn Foothill BLVD. west of Adler Ave. and east of Cypress Ave.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet199069.2
Lot Size UnitsAcres
MLS Area264 - Fontana
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot423
ViewNone
Waterfront Y/NNo
ZoningR5

Exterior for 17848 17858 Foothill Boulevard

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLotOver40000Sqft
Lot Size Acres4.57
Lot Size Area4.57
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Keegan Cin

Team Lead
Price $5,500,000
MLS#GD25021572
List Date 01/30/2025
Property Type Land
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