4.48 Acres Lot
4.48 Acres Lot
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26099670
HOA Y/N No
Year Built 1959
Lot Size 4.480 Acres
Property Sub-Type Warehouse
Property Description
Strategically located with immediate access to Interstate 10 and in close proximity to Downtown Upland, the site benefits from strong surrounding amenities, including a diverse mix of restaurants, retail, and essential services. The property is also situated adjacent to established residential neighborhoods, enhancing its long-term redevelopment appeal.
The asset is currently income-producing, with all in-place leases featuring flexible 60–90 day termination clauses, providing investors with maximum optionality—either to maintain interim cash flow or to reposition and redevelop the site in the near term.
The property is designated under R-20 residential zoning, allowing for up to 20 dwelling units per acre. The City of Upland has prioritized these parcels for future residential development, with entitlement and construction anticipated to commence after October 2027.
Importantly, in response to California's ongoing housing shortage, the City has shown a pro-development stance, including openness to increased density through density bonus incentives and planning negotiations. This creates a significant opportunity for developers to maximize unit yield and overall project value.
Given its location, scale, and zoning flexibility, the site is well-suited for a variety of residential development concepts, including:Townhom communities
Small-lot single-family subdivisions Multifamily apartment projects
The property is being offered for sale on an open bid basis. Qualified buyers are invited to submit their highest and best offers
Location
State CA
County San Bernardino
Area 690 - Upland
Interior
Fireplace No
Laundry None
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 1047181070000
Special Listing Condition Standard
Nearby Locations
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