$1,100,000

16885 Reed St Fontana, CA 92336

$10,000
Closing credit¹
0.4 acres
Multi-Family

Property details

About 16885 Reed St

We present an incredible opportunity to bring to life a 10-unit condominium project in the thriving city of Fontana. This proposed development is designed to feature the elegant charm of Santa Barbara-style architecture, paired with spacious, modern floor plans that cater to today’s urban lifestyle. Positioned in a prime location, this project will be surrounded by bustling shopping centers, key public transportation hubs, and local parks and schools making it an attractive destination for future homeowners. The area’s demand for well-designed, centrally located housing is high, and this project promises to meet that demand. With Fontana's continued growth and development, now is the perfect time for developers to capitalize on this opportunity. Build a community that combines style, comfort, and convenience, and become part of one of Southern California’s most dynamic residential markets. The Seller Has Already received Tenantive Approval and Tract Map approval thru planning for the Proposed 10 Unit Condominium project. Ready for Buyer or Investor to submit Permits request and start building away. "With 3 existing rental units generating income, this property offers immediate income returns while you secure permits and begin transforming it into a 10-condo investment project."

Highlights

Home typeTriplex
HeatingOther
StatusActive
CoolingOther
Lot size0.4154 Acres
Year built1951
MLS #PW24217123
Garage1 space

Summary

  • MLS Number: PW24217123
  • MLS Name: CRMLS
  • Office Name: Re/Max Top Producers
  • Office Phone: (562) 254-8677
  • Listing Agent: Carlos Ascencio

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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miscellaneous file

$1,100,000

16885 Reed St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 16, 2020
Home Sold
$760,000
Jul 02, 2018
Home Sold
$503,000
Apr 25, 2003
Home Sold
$295,000
Dec 31, 2002
Home Sold
$225,000
Mar 06, 1998
Home Sold
$118,000
Aug 30, 1996
Home Sold
$144,000
Mar 16, 1990
Home Sold
$155,000

Tax history

YearAssessmentProperty Tax
2024$680,849$10,194

History based on county public records data.

Nearby schools

3

Juniper Elementary School

Public District KG-5

0.4 mi

7655 Juniper Ave

3

Mango Elementary School

Public District KG-5

0.7 mi

7450 Mango Ave

3

North Tamarind Elementary School

Public District KG-6

0.8 mi

7961 Tamarind Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,962. The majority of Fontana, CA residents have income between $35k-100k annually. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

10%
<35k
88%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

14%
Single, No Kids
31%
Single, with Kids
12%
Married, No Kids
43%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
14%
12-17 yrs old
29%
18-34 yrs old
28%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • TennisTennis

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Fontana, CA

About 16885 Reed St

This home is located at 16885 Reed St in Fontana, CA and zip code 92336. Features: 0 bathroom. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $1,100,000.

In February 2025, from all listings sold in Fontana, CA there were more than 27 sold above asking price, over 16 sold below and more than 20 were sold right at the asked price. The number of homes for sale in Fontana, CA increased by 3.4% between January and February 2025. In February 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $648,652.

From Rocket Homes Real Estate and based on county public records data.

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