San Bernardino, Commercial for Sale – 13165 Euclid Ave, Ontario, CA 91762, USA -001-11-30T00:00:00-08:00
This offering is a land bank opportunity consisting of three (3) contiguous parcels with two (2) improved structures that consist of two (2) residential structures that total a combine square footage 8,118 sq. Ft., and located on 22.52 + / – acres (980,971.2
13165 Euclid Ave, Ontario, CA 91762, USA
$10,989,760 USD
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Address13165 Euclid Avenue, Ontario
Property SubtypeUnimproved Land
Price$10,989,760
Price Changed1.61% ($174,760, 174 days ago)
Property TypeCommercial Sale
Year Built2000
Bedrooms Total0
Living Area8,118 ft2
Listing IDCV16133547
StatusPending
Parcel Number1052261060000
ZoningMEDIUM DENSITY RESIDENTIA
Special ConditionsStandard
Days on Market400

Detailed Description: This offering is a land bank opportunity consisting of three (3) contiguous parcels with two (2) improved structures that consist of two (2) residential structures that total a combine square footage 8,118 sq. Ft., and located on 22.52 + / – acres (980,971.20 + / – sq. Ft.) of flat, developable land with 1,256 + / – feet of frontage on the Euclid Avenue. The Subject Property is zoned with Agricultural (AG) overlay, which may allow agricultural uses. The land use designation for the Subject Property is Medium Density Residential, which allows single-family detached and multi-family attached residences with a max density of 25 dwelling units per acre for Medium Density. Assessor’s Parcel Number: 1052-261-01 (5.10 + / – Acres); 1052-261-02 (5.75 + / – Acres); 1052-261-06. (11.67 + / – Acres). This area of Ontario is set for an Explosion in growth, Seized the Opportunity and BUY THE 22.52 + / – ACRES TODAY. At this time, capital Improvement / Infrastructure is required for the entire area that consist of 1,929 + / – acres. Estimated cost is at $150 million + / – per the city and is requiring for these capital Improvement to be installed first, before allowing land developers and builders to propose and build out master-planned communities. The Subject Property is currently unentitled and will require a land owner and / or land developer to apply for a Specific Plan and work out a deal with the city of Ontario for needed infrastructure for the entire area of the Ontario Ranch – West.


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Address Information
Address13165 Euclid Avenue, Ontario
Street SuffixAvenue
CityOntario
Location (MLS Area)686 – Ontario
County Or ParishSan Bernardino
State or ProvinceCA
Postal Code91762
CountryUS
Financial Information
Purchase Contract DateJuly 14, 2017
Price Changed1.6159%
Previous Price$10,815,000
Price per Square Foot$1,353.75
Price per Lot Square Foot$11.02
Special ConditionsStandard
Tax Year2000
Full Descriptions
Parcel Number1052261060000
Detailed DescriptionThis offering is a land bank opportunity consisting of three (3) contiguous parcels with two (2) improved structures that consist of two (2) residential structures that total a combine square footage 8,118 sq. Ft., and located on 22.52 + / – acres (980,971.20 + / – sq. Ft.) of flat, developable land with 1,256 + / – feet of frontage on the Euclid Avenue. The Subject Property is zoned with Agricultural (AG) overlay, which may allow agricultural uses. The land use designation for the Subject Property is Medium Density Residential, which allows single-family detached and multi-family attached residences with a max density of 25 dwelling units per acre for Medium Density. Assessor’s Parcel Number: 1052-261-01 (5.10 + / – Acres); 1052-261-02 (5.75 + / – Acres); 1052-261-06. (11.67 + / – Acres). This area of Ontario is set for an Explosion in growth, Seized the Opportunity and BUY THE 22.52 + / – ACRES TODAY. At this time, capital Improvement / Infrastructure is required for the entire area that consist of 1,929 + / – acres. Estimated cost is at $150 million + / – per the city and is requiring for these capital Improvement to be installed first, before allowing land developers and builders to propose and build out master-planned communities. The Subject Property is currently unentitled and will require a land owner and / or land developer to apply for a Specific Plan and work out a deal with the city of Ontario for needed infrastructure for the entire area of the Ontario Ranch – West.
Water SourceAgricultural Well, Private, Well
SignageSign Freestanding
Property parameters
Year Built2000
Living Area (Sq.Ft.)8,118 ft2
Lot Size SourceAssessor
Number of Buildings2
Number of Units Leased2
ZoningMEDIUM DENSITY RESIDENTIA
Water SourceAgricultural Well, Private, Well
Land Usage DescriptionMulti-Family, Other
Property SubtypeUnimproved Land
Building StatusExisting
Listed withERIC CHAVEZ (CHAVEZ & ASSOCIATES REBF, INC)