Huge Price Reduction! Prime Infill Development Opportunity in the City of Ontario! Exceptional opportunity to acquire a 7,533 SF (0.17-acre) lot in a desirable Ontario location. Zoned HDR-45 (High Density Residential), the property offers excellent potential for future multifamily residential development, subject to buyer's independent verification and approval by the appropriate governmental agencies. A conceptual 5-unit multifamily development plan has previously been prepared by Maple Building Design, featuring a proposed two-story apartment building with approximately 4,324 SF of living area, private balconies, and a 5,151 SF rooftop deck. The conceptual design also illustrates ground-floor parking, a lobby, laundry facilities, refuse area, landscaped common areas, and up to 10 parking spaces (9 private spaces plus 1 guest space). Property is being sold strictly AS-IS. No entitlements, permits, or development approvals are included or guaranteed. Any prior plans or concepts are for reference purposes only. Buyer to independently verify zoning, density, development feasibility, building requirements, utilities, and all other property information with the City of Ontario and applicable agencies. Excellent frontage along W. Mission Blvd, with convenient access to Central Ave, Phillips St, and the I-10 freeway. A great opportunity for investors, builders, and developers looking to explore the potential of an infill development site.
Listing courtesy of Listing Agent: Cayenne Kuang (cayennerealtor@gmail.com) from Listing Office: Spectrum Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.