Real Estate For Sale in...
 

7914 Edison Avenue, Ontario, CA 91762

$8,300,000
Land MLS# CV17178529 ID: 46908930
$8,300,000 Get Rates

18.56+/- acres - land bank opportunity consists of three (3) contiguous parcels with four (4) improved structures that consist of two (2) residential homes and two (2) commercial buildings that total a combine square footage 19,954 sq.ft., and located on 18.56+/- acres of flat, developable land with 634 feet of frontage on the Edison Ave that is planned to be widen into an eight (8) lane road. The subject property provides a monthly rental income with upside, giving the land owner to increase the rental income during the land bank holding period that is estimated at 10 years. The subject property is located on Edison Avenue, near to the northwest corner of Grove Avenue & Edison Avenue and situated within the Area 4 - South of Riverside Drive of the Ontario Plan known as "The Ontario Ranch" formerly known as "The New Model Colony", as of 2016 the area comprises of several new neighborhoods known as Parkside, The Avenue, Grand Pak, Subarea 29, Colony Commerce Center, Countryside, Armstrong Ranch, West Haven, Rich Haven, Edenglen and Esperanza. The current Land Use zoning is Residential Medium Density (11.1 - 25 du / ac) & Residential Low Density (2.1 - 5 du / ac) ; land use designation allows single-family detached and multi-family attached residences; Zoning Overlay of Agricultural (AG).

Back To Top
Location Information near 7914 Edison Avenue
Offered by Eric Chavez at CHAVEZ & ASSOCIATES REBF, INC

Would you like more information regarding this property?
Please call  .

Mortgage Calculator
(% per year)
(in years)
 
(estimated)

*May not reflect current interest rates and is intended for educational/information purposes only. All figures are hypothetical and should not be relied upon in any way.

$$$

Compare current mortgage rates

Property Features for 7914 Edison Avenue
Status
Market Status
Available
Last Updated
August 20, 2017
Description
Property Type
Land
Architecture
Lots/Acreage

Location

  • MLS Area: 686 - Ontario

Lot Features

  • Water Utilities: Agricultural Well
  • Eric Chavez
  • CHAVEZ & ASSOCIATES REBF, INC

Data Provided by:
California Regional Multiple Listing Service

Foreclosure, Auction & Bank Owned Listings
Save on your next home purchase. Search forclosure listings in Ontario
Go
New Home Listings From Top Home Builders
Search new home communities and view new homes for sale
Go
Back To Top

Advertisements

More information about this $8,300,000 Land at 7914 Edison Avenue

This $8,300,000 Land at 7914 Edison Avenue in Ontario, CA is presented by Eric Chavez. This $8,300,000 Land, located in the 91762 zip code, has the following property features: MLS Area, Water Utilities. This 7914 Edison Avenue Land, located in San Bernardino County , is listed under MLS listing number CV17178529 and has a listing price of $8,300,000. You can find more ONTARIO homes for sale here.