12836 3rd Street Active

Yucaipa,CA 92399

$ 6000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIG22240803

HOA Y/N No

Lot Size 5.000 Acres

Acres 5.0

Property Description

This is a rare opportunity to acquire 5 Acres that is a FULLY ENTITLED & Approved 150 unit SENIOR APARTMENT COMPLEX. This Project will be the only Senior Apartment Facility in the city of Yucaipa, CA in its class that will offer Senior Citizens a health-conscious life style with Amenities that include: Pool, Spa, Recreational Area, Firepit, BBQ & Picnic Area, Community Garden, Scenic Walking Trail, & Dog Park. Improvement Plans are complete and site is almost SHOVEL READY. Only remaining plans that must be submitted prior to pulling a Building Permit are Structural Calculations, Landscape Construction Drawings, & the Dry Utility Plan which have been purposefully reserved for the Developer's preference. This property is also located in an OPPORTUNITY ZONE which allows major Tax Benefits to a long term Investor to save big on any future capital gains taxes. The property has an existing home and 2 accessory structures that will be removed prior to construction. Topographically, the property slopes gradually from NE to SW toward the existing creek along its southern boundary. This project (#21-045) was granted the density bonus for 30 units/per acre to help serve the need for many retirees in the near future. According to the U.S. Census Bureau, By 2030, All Baby Boomers Will Be Age

Location

State CA

County San Bernardino

Area Listing

Zoning RM-2

Interior

Fireplace No

Exterior

Utilities Available Other Water/Sewer,Electricity Connected,Natural Gas Connected,Sewer On Site

View Y/N true

View Hills,Mountain(s),Valley,Other

Building

New Construction No

Others

Tax ID 0319112030000

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