2
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$10,500,000
Est. payment /mo
5.53 Acres Lot
Active
5151 E Arrow Highway Montclair, CA 91763
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25617369
HOA Y/N No
Lot Size 5.530 Acres
Acres 5.53
Property Sub-Type Unimproved Land
Property Description
The LAAA Team and S&T Group of Marcus & Millichap is pleased to present the Montclair Mixed-Use Residential Development Opportunity, a premier 5.975-acre infill site located at the southeast corner of Arrow Highway and Fremont Avenue in Montclair, California. Situated within the North Montclair Downtown Specific Plan, the property offers a rare opportunity to develop a large-scale, transit-oriented residential community in one of the Inland Empire's most forward-looking urban districts. Its designation as both a High Resource Area and a Difficult Development Area (DDA) provides meaningful advantages for affordable or mixed-income housing through enhanced federal tax credit basis adjustments and state-level incentives.PropertyThe proposed plan envisions a two-phase community integrating multifamily apartments and for-sale townhomes to meet diverse housing needs. The 1.76-acre northern parcel is planned for a five-story building with 142 to 180 rental units (80102 units per acre), while the 2.68-acre southern parcel is designed for 59 townhomes at 22 units per acre, complemented by a 0.37-acre public park at Fremont and Olive. Together, they form a cohesive, mixed-density neighborhood that aligns with the City's long-term downtown vision. Development would likely include a Specific
Location
State CA
County San Bernardino
Interior
Fireplace No
Building
New Construction No
Others
Tax ID UNAVAILABLE
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Listed by Filip Niculete • Marcus & Millichap
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