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0 East

Rancho Cucamonga, CA 91739
  • $2,500,000
  • STATUS: ACTIVE
  • ON SITE: 425 Days
  • ID#: TR21025301
$2,500,000
  • 0
    BEDS
  • 24.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

24.3 acres of land in the newly annexed area in the very north part of the City. Now in the city of Rancho Cucamonga. Beautiful views from this premier, irreplaceable, location. The property is zoned very low density residential yielding possible 8 lots. With the property come the transfer development rights. (TDR) This system is still be defined exactly by the city, but it basically gives the holder of the TRD's, the right to increase the density (by the amount of units that was lost to a down zone) on a 24.3 acres of land in the newly annexed area in the very north part of the City. Now in the city of Rancho Cucamonga. Beautiful views from this premier, irreplaceable, location. The property is zoned very low density residential yielding possible 8 lots. With the property come the transfer development rights. (TDR) This system is still be defined exactly by the city, but it basically gives the holder of the TRD's, the right to increase the density (by the amount of units that was lost to a down zone) on another property. So potentially a property owner who owns mitigation land or other low density land could use these TDR's to increase the number of units. The City plays a role in determining where, so they will be an integral part of the process. Agents may be not paid on the TDR value

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.selecthomessandiego.com/homes/115136941
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0 East Rancho Cucamonga, CA 91739

  • Price: $2,500,000
  • Status: ACTIVE
  • On Site: 425 Days
  • ID#: TR21025301
0
Beds
0
Baths
0
½ Baths
24.3
Acres
Neighborhood:
Rancho Cucamonga (91739)
County:
San Bernardino
Area:
Rancho Cucamonga (91739)
Property Description
24.3 acres of land in the newly annexed area in the very north part of the City. Now in the city of Rancho Cucamonga. Beautiful views from this premier, irreplaceable, location. The property is zoned very low density residential yielding possible 8 lots. With the property come the transfer development rights. (TDR) This system is still be defined exactly by the city, but it basically gives the holder of the TRD's, the right to increase the density (by the amount of units that was lost to a down zone) on a 24.3 acres of land in the newly annexed area in the very north part of the City. Now in the city of Rancho Cucamonga. Beautiful views from this premier, irreplaceable, location. The property is zoned very low density residential yielding possible 8 lots. With the property come the transfer development rights. (TDR) This system is still be defined exactly by the city, but it basically gives the holder of the TRD's, the right to increase the density (by the amount of units that was lost to a down zone) on another property. So potentially a property owner who owns mitigation land or other low density land could use these TDR's to increase the number of units. The City plays a role in determining where, so they will be an integral part of the process. Agents may be not paid on the TDR value
San Diego MLS logo Listing provided courtesy of Daum Commercial Re Services. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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