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$595,000
Est. payment /mo
2 Beds
6,180 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NP26195996
Bedrooms 2
Lot Size 6,180 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
A rare opportunity: a fully vacant duplex with plans already in place for two brand-new ADUs - offered on its own, with an identical neighboring parcel available separately. 1290-1292 Fairview Ave is a single-story duplex on its own legal parcel, delivered 100% vacant. Each of the two units offers a comfortable 1 bedroom, 1 bathroom layout with a full kitchen, inside laundry, a dedicated carport and private storage, and each is separately metered. With no tenants in place, the next owner can begin improvements immediately and establish market rents without waiting on a lease or a relocation. The groundwork for the expansion is already complete. Plans have been drawn and engineered for two brand-new detached accessory dwelling units on this parcel, each with two bedrooms, all-electric systems, fire sprinklers and solar. More than a year of city planning is behind them - approvals secured, addresses assigned, utility clearances issued, and the plans now in final building review. The buyer inherits the progress rather than starting from scratch. At completion, this parcel supports 4 total units (2) 1bd 1ba & (2) 2bd 1ba. The adjacent parcel, 1284-1286 Fairview, is an identical vacant duplex with its own set of ADU plans and is offered separately. Vacant income property with the planning work already done rarely comes to market! Buyer to verify all information, permits, fees and feasibility.
Location
State CA
County San Bernardino
Zoning Assessor
Direction N on Mt Vernon right on Laurel
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0164041140000
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Gabriel Gonzales, DRE#02103278 La Placa Properties
Nearby School & Business
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