Rialto CA Real Estate & Homes for Sale

Huge Development Opportunity in Prime Fontana Location! Plans Nearly Approved - Build a 10-Unit Apartment Complex! Lot Size: 0.43 Acres | 18,900 Sq Ft. Calling all investors, builders, and developers! This rare Fontana gem is a prime opportunity to build a high-demand multi-family project on a spacious 0.43-acre lot. The current owners have invested over $50,000 and more than 2+ years of effort to secure critical approvals including PAM (Plan of Action and Mitigation) approval. Only the Design Review phase remains before you're ready to break ground on a 10-unit apartment complex, with each unit designed as a 2-bedroom, 2-bathroom layout. ? Property Highlights: PAM Approved - Major milestone completed! 10-Unit Apartment Plan - Each unit: 2 bed / 2 bath. Only Design Review Left - Nearly shovel-ready. $50K+ Already Invested in Approvals - Save 2+ years of time and $50K+ money. Large Lot (18,900 sq ft) - Room for parking, landscaping, or amenities. Centrally located near schools, parks, shopping, and major freeways. Existing 2 bed / 1 bath home (1,095 sq ft) currently on site - great for staging or rental during development. Tremendous Land Value in a fast-growing market. This is YOUR chance to develop a high-yield income producing 10+ units property.

Location really makes the difference. Overlooking the entrance to the complex at Owens Cove, you have No neighbors across from your front door opening to pleasant views and a nice breeze in the evenings. Conveniently located across Temescal Cnyn Rd. to Dos Lagos restaurants shops and entertainment, the Owens Cove Community is luxury living and this unit is an excellent example. The Master Suite boasts a sitting area, walk-in closet and double sinks we all love with a walk in shower. The gas fired range in the kitchen for the culinary arts, large island for additional storage and counter space where you need it. The adjacent balcony lets in lots of natural light with recessed lighting for the kitchen and dining area when its needed. The split level design is great for entertaining and feels more connected than separate divided rooms. The Two car garage and under unit storage is convenient and smart in use and savings. Plenty of pathways for exercise and then relax at the pool and hot tub or shoot a game of pool with friends at the clubhouse. You're home. But wait there's more! Clients of Sunshine Realty receive an all inclusive vacation ask Joel for details.