H, G, And Mt Vernon, Colton, CA 92324

$675,000
List Price
$675,000
MLS#
SB23222031
Status
ACTIVE
Type
Land

Property Description

Attention all Developers and Investors! 4 lots included in this purchase: APN 0164-163-01-0000, 0164-163-02-0000, 0164-163-03-0000, 0164-163-04-0000. Potential opportunity - 16 units per acre and plus ADU's so possibly up to 22 units total with 1.3 acre size of land. Buyer to verify with City of Colton re: what exactly can be built on each lot and what size structure can be built per lot. Lot 04 is 3,280 sqft; Lot 03 is 3,280 sqft; Lot 02 is 6,072 sqft and Lot 01 is 43,560 sqft according to tax assessor information. Buyer to verify all information like size, etc. Properties should have an easement along the side of 372 N. Mt Vernon to get to but there is no street frontage to these lots. APN 0164-163-01-0000 is 1 acre parcel located directly north of 372 N. Mt Vernon and east of other 3 parcels. The other smaller 3 lots are directly behind 372 N. Mt Vernon and according to the tax assessor all 3 lots should total 12,632 sqft. Buyer to do their own investigations and due diligence.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of eXp Realty of California Inc, Edward Kim.