$10,000 Closing Credit¹
#WS25079332, TING CHEN, Listing office: RE/MAX 2000 REALTY
#PW24217123·
Listing office: Re/Max Top Producers·
Listing agent: Carlos Ascencio·
Listing office phone: 909-590-8853
$1,100,000 List price
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
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingOther
Lot size0.4154 Acres
Year built1951
MLS #PW24217123
Garage1 space
Summary
- Interior: All Bedrooms Down
- Fireplace: None
- Garage Space: 1 space
- Private Pool: No
- Heating: Other
- Cooling: Other
- List Price: $1,100,000
- HOA Amount: $0
- Annual Tax Amount: $10,194
- Tax Year: 2024
- Lot: Back Yard
- Directions: Corner of Sierra AVe and Reed Street
- Year Built: 1951
- Stories: 1
- Lot Size: 0.4154 Acres
- MLS Number: PW24217123
- MLS Name: CRMLS
- Office Name: Re/Max Top Producers
- Office Phone: (909) 590-8853
- Office Email: management@remaxtopproducers.com
- Listing Agent: Carlos Ascencio
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: 6/21/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
16885 Reed St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $63,962. Residents of Fontana, CA typically earn between $35k-100k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is high school diploma.
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 Soccer
Pro Boxing
Tennis
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Fontana, CA
Fontana's transportation infrastructure supports both private and public transit options. The city's road network includes convenient access to major highways, facilitating travel and commuting. Public transportation services are available, with bus routes connecting key areas of the city. While ride-sharing services are operational, the frequency and coverage may vary. The city is also making strides to improve walkability and bikeability in several neighborhoods, enhancing the overall accessibility for residents.
The city is served by a robust educational system, including numerous public schools across all levels and a selection of private institutions, some with religious affiliations. Healthcare is accessible through several clinics and a regional hospital that provides comprehensive services. Fontana's public library system supports the community's educational and cultural needs. Retail and dining options are plentiful, reflecting the local culture and catering to a variety of tastes.
Fontana prides itself on a vibrant community spirit, underscored by events like the Fontana Days Festival and the local farmers' market. The city's character is defined by its family-friendly atmosphere and a strong sense of local pride. Recreational areas and community parks contribute to the city's inviting ambiance, offering residents a place to gather and enjoy outdoor activities.
Fontana's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The housing landscape is primarily composed of single-family residences, with a homeownership rate that reflects a community invested in long-term residency. The area has seen growth with new housing developments, complementing the existing homes that largely date back to the late 20th century.
About 16885 Reed St
The listing price of 16885 Reed St property is $1,100,000.
The property 16885 Reed St is a multi located in Fontana, California, 92336.
Accepting Backup Offers: 16885 Reed St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 16885 Reed St are: Juniper Elementary School (GreatSchools Rating 3/10), Mango Elementary School (GreatSchools Rating 3/10), North Tamarind Elementary School (GreatSchools Rating 3/10), Fontana Middle School (GreatSchools Rating 4/10), Alder Middle School (GreatSchools Rating 4/10), Almeria Middle School (GreatSchools Rating 3/10), Eric Birch High (Continuation) (GreatSchools Rating 2/10), A.B. Miller High School (GreatSchools Rating 5/10), Fontana High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $10,194 (source: MLS/based on county public records data).
The last sale was on January 16, 2020 for $760,000 (source: MLS/tax record).
The year of construction for 16885 Reed St is 1951.
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.
Fontana, CA housing market in May 2025 saw over 45 listings sold above listed price, more than 24 sold at listed price and over 13 sold below. The number of listings in Fontana, CA remained the same between April and May 2025. In May 2025 median list price was $650,527 and the average listing age was 29 days.
From Rocket Homes Real Estate and based on county public records data.