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Western Ave. - Approved 16 Lot Map + 15 ADU’s
4.27 Acres of Residential Land Offered at $2,195,000 in San Bernardino, CA 92407
Executive Summary
Property Facts
Price | $2,195,000 | Property Subtype | Residential |
Sale Type | Investment | Total Lot Size | 4.27 AC |
No. Lots | 1 | Opportunity Zone |
Yes
|
Property Type | Land |
Price | $2,195,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 4.27 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | $2,195,000 | Lot Size | 4.27 AC |
Price Per AC | $514,051.52 |
Price | $2,195,000 |
Price Per AC | $514,051.52 |
Lot Size | 4.27 AC |
Close to shovel-ready and final map ready to record. With planned ADU’s total is 31 units. Could be great to sell the homes individually, or rent out, due to the proximity to the Cal State five minutes away.
Description
The subject project consists of sixteen approved single-family lots (Tentative Tract Map 20455) accommodating thirty-one (31) total residential units, including ADU’s and Junior ADU’s. Located in north San Bernardino, right where the Arrowhead Farms, Shandin Hills and University area converge. Located just ½ mile from Cal State University San Bernardino which has almost 20,000 students and approx 950 staff/faculty members. Neighborhood retail in the immediate area includes a Ralphs, two Stater Brothers, Walmart and Home Depot, so no need for residents to drive more than 5-to-10 minutes for the essentials. The majority of these lots have approval (within the approved TTM) to build ADU’s which are very desired by today’s multi-generational families. Most of the lots site on their own double-sided cul-de-sac which has more of an enclave style feel. Residents who need to commute to work have quick access to the 215 freeway, less than 10 minutes away. All three (elementary, middle, high) schools are within about one-to two blocks walking distance.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $522,264 | Total Assessment | $522,264 |
PROPERTY TAXES
zoning
Zoning Code | RS (Residential Suburban) |
RS (Residential Suburban) |
Presented by
Western Ave. - Approved 16 Lot Map + 15 ADU’s
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