Listed by Lee & Associates - Newport Beach
$8,000,000
Apartment Community Development Opportunity
Details
APN 0241-051-13; 0241-051-14; 0241-051-42
Property Type Multifamily
Sub Type Apartment Building
Price per SqFt $54
Acreage 3.430
Zoning R4
Ownership Fee Simple
Multifamily
Marketing description
For Sale
Investment highlights
- Three parcels the subject property comprises of three contiguous parcels off baseline ave.
- Entitlements for 100 unit apartments this property was in escrow and the buyer previously under contract is willing to transfer all their plans and entitlements to the new buyer for a nominal fee.
- 80 townhomes alternatively, through our discussions with the city, it appears they may open to 80 townhomes as well.
- Exceptional connectivity & market drivers close to the 210, 15, and 215 freeways and major regional amenities. Near victoria gardens, ontario mills, and minutes to the future high-speed rail station (expected in ~2 years), reinforcing long-term growth and accessibility.
- Located within ½-mile of public transit in one of southern california’s fastest-growing markets. Transit adjacency and regional employment (including amazon logistics hubs) drive renter pool strength and occupancy stability.
- Fontana is known for its strong industrial sector, with major distribution centers for companies like amazon and target.
- Fontana offers convenient access to major highways, including interstate 10 and interstate 15, facilitating transportation and logistics for businesses.
- The city is situated near the san bernardino mountains, offering opportunities for outdoor recreation and a scenic backdrop for the community.
Listing Contacts
Listed by Lee & Associates - Newport Beach
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Zoning
R-4 ResidentialMulti FamilyMultifamily Medium And High Residential
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View all 32 uses Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics
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