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$ 6,990,000
Est. payment | /mo
1.76 Acres Lot
$ 6,990,000
Est. payment | /mo
1.76 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26061097
HOA Y/N No
Lot Size 1.761 Acres
Property Description
Fully entitled 57 units multifamily development opportunity in the City of Diamond Bar.
Located at the strategic midpoint between Los Angeles, San Bernardino, and Orange County, the site offers exceptional regional connectivity with close proximity to the 57 and 60 freeways and Ontario International Airport (ONT). This prime location provides convenient access to major employment centers across the Inland Empire and Southern California.
The project is approved for a residential community featuring a mix of studio, one-, two-, and three-bedroom units, designed to meet strong rental demand in a supply-constrained market.
Situated within the highly regarded Walnut Valley Unified School District, the area benefits from strong demographics, high household incomes, and limited new housing inventory.
A near shovel-ready opportunity with key approvals in place, allowing developers to move forward efficiently with reduced entitlement risk.
Located at the strategic midpoint between Los Angeles, San Bernardino, and Orange County, the site offers exceptional regional connectivity with close proximity to the 57 and 60 freeways and Ontario International Airport (ONT). This prime location provides convenient access to major employment centers across the Inland Empire and Southern California.
The project is approved for a residential community featuring a mix of studio, one-, two-, and three-bedroom units, designed to meet strong rental demand in a supply-constrained market.
Situated within the highly regarded Walnut Valley Unified School District, the area benefits from strong demographics, high household incomes, and limited new housing inventory.
A near shovel-ready opportunity with key approvals in place, allowing developers to move forward efficiently with reduced entitlement risk.
Location
State CA
County Los Angeles
Area 616 - Diamond Bar
Zoning RM
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N Yes
View Neighborhood
Building
Lot Description Lot Over 40000 Sqft
Water Public
New Construction No
Others
Senior Community No
Tax ID 8292009138
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Lease Land No
Listed by Grace Zhang RE/MAX Galaxy 909-223-2297, DRE #01946544
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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