714-745-2708

890 S Magnolia Avenue, Ontario, CA 91762

$2,650,000 Approx. USD 0 beds, 0 baths

Save My Notes

MORE INFO

Brochure

Marketed By The Keaty Team

View Team Members

Photo of Kevin Keaty

Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Kevin.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Listing Agent

Donald Hinton | don.hinton@evrealestate.com
Lic#: 00575959
Broker: Courtesy of Engel & Voelkers La Canada
Phone: (818) 421-9071

Agent Remarks

Excellent development opportunity. The HDR-45 zoning allows development of 45 units per acre. The property is approximately 69,000 SF which would allow development of up to 71 apartments or condominiums. This is the last parcel(s) of high-density residential land on S. Magnolia and is adjacent to a 75-unit apartment building developed in 2019. Includes parcel #'s 1011-371-16-0000 and 1011-371-15-0000.The property has been entitled for 49 apartment units; however, a buyer may pursue new entitlements for 71 units. The property is currently improved with a 2-bedroom, 2 bath single family residence that was built in 1926. The property has been priced based upon land value and the single-family residence does not contribute value to the property. The single-family home is currently rented month to month for $2,300/mo. The excess land is currently rented month to month for $275/mo. to a nursery, and the nursery tenant maintains the excess land. Please submit all offers using the CAR Residential Purchase Agreement. Buyer to cooperate with Seller's exchange. Drive by Only, Do Not Disturb the tenants. Asking price is $2,650,000 which is $37,324/Unit based upon 71 units and $38.40/‌‌‌‌‌‌‌‌‌‌‌‌ SF.

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# P1-28323

Price: $2,650,000

HOA Fee is $0.00

Beds: 0

Baths: 0

1.58 acres

Lot size: 1.5840

Subdivision: Other

County: San Bernardino

Zoning: HDR-45

Lot description: Level

MLS area: 686 - Ontario

Last Updated: 8/5/2026

Days On Market (DOM): 52

Find more Ontario homes and real estate

Find more homes in 91762 zip code

This listing belongs to the 686 - Ontario MLS area

Find more homes in the Other subdivision

Lat/Long: 34.054267, -117.672620.
Find nearby listings

Mortgage Calculator

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

91762 Area Map

Demographics

Schools