Address
812 S Palmetto Avenue Ontario, CA
Price
$ 6,800,000
Property Attributes
  • MLS#TR21066821
  • TypeCommercial
  • CountySAN BERNARDINO
  • CityOntario
  • AreaOntario
  • Zip91762
  • StyleMulti Family
  • Price$ 6,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.86 Acres
Listing Provided Courtesy Of:
Grady Liu with MacroReal Inv Grp Inc..
Data Source:
CRMLS
Property Description

We are pleased to present the rare 68-unit RTI development opportunity located at street between Mission Blvd and Palmetto Ave in City of Ontario, California. The site has 1.86 Arce lot size, it is zoned high density HDR-45 and ready-to-issue permits (RTI) for 68 units with average 875 SF per unit and all market rate. The property is in the center of a fast growing, walkable, transit-oriented city. A prime location amidst the downtown’s revitalization district provides access to a growing number of retail and restaurant amenities. • Building Permit Ready • Delivered with No Tenants • Clean Phase 1 • No Flood Zone • 5 stories over 2 Underground Parking Levels 68 Units

Price History
3/31/2021 Listed $6,800,000

General Features

Listing Agent Grady Liu - BRE#01290494
Listing Agent State License 01290494
MLS Area 686 - Ontario
Property Sub Type Additional Multi Family
Property SubType Multi Family
Property Type Commercial Sale
Special Listing Conditions Standard

Interior Features

Laundry Features Common Area

Exterior Features

Lot Features 36-40 Units/Acre
Lot Size Acres 1.86
Lot Size Area 81022
Lot Size Source Assessor
Lot Size Square Feet 81022
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 91762

Price
AVG $910K
$6.8M
Visits
AVG 83
26
Walkscore
AVG 56
52
Data Provided by Walkscore ® not using MLS data