Description
Introducing the Telephone Ave Development Opportunity in Chino: A prime investment in Southern California, this exceptional property spans 7.62 acres, offering a rare chance for visionary developers. Zoned for 12 lots, each with the potential for a duplex and 2 ADUs, this property allows for a total of 4 units per lot, creating an expansive opportunity to develop up to 48 units.The offering includes Parcel #1014-301-07-0000 and the adjacent Parcel #1014-301-01-0000, providing a comprehensive development package. Situated in the thriving city of Chino, this land is perfectly positioned to benefit from the area's rapid growth and expanding amenities.The property is currently undergoing the entitlement process, with plans in progress and subdivision underway by the owner, ensuring a streamlined transition for the new buyer.With Chino's zoning laws increasingly favoring higher-density residential projects, this property offers a unique opportunity to lead in the area's residential transformation. This development has the potential to yield significant profits and long-term capital appreciation.Don't miss your chance to shape the future of Chino's residential landscape. Welcome to Telephone Ave " where your next big venture begins!
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0BEDS
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7.62ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Introducing the Telephone Ave Development Opportunity in Chino: A prime investment in Southern California, this exceptional property spans 7.62 acres, offering a rare chance for visionary developers. Zoned for 12 lots, each with the potential for a duplex and 2 ADUs, this property allows for a total of 4 units per lot, creating an expansive opportunity to develop up to 48 units.The offering includes Parcel #1014-301-07-0000 and the adjacent Parcel #1014-301-01-0000, providing a comprehensive development package. Situated in the thriving city of Chino, this land is perfectly positioned to benefit from the area's rapid growth and expanding amenities.The property is currently undergoing the entitlement process, with plans in progress and subdivision underway by the owner, ensuring a streamlined transition for the new buyer.With Chino's zoning laws increasingly favoring higher-density residential projects, this property offers a unique opportunity to lead in the area's residential transformation. This development has the potential to yield significant profits and long-term capital appreciation.Don't miss your chance to shape the future of Chino's residential landscape. Welcome to Telephone Ave " where your next big venture begins!
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-10-04T08:30:10.97. 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 deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.