Property Overview: As exclusive advisors to the Seller, Kennedy-Wilson Properties, Ltd. is pleased to present this opportunity to acquire the fee simple interest in approximately 5.95 acres of land at Eucalyptus St. and Elm Ave. in Rancho Cucamonga, California (the “Property”). Located in San Bernardino County approximately three miles northeast of Ontario International Airport, the Property features three parcels zoned MU City Corridor High. The Property is well-positioned on Foothill Blvd. across from two busy regional shopping centers, Terra Vista Town Center and Town Center Square, with easy access to the I-10, I-5 and CA-210 Freeways. San Antonio Regional Hospital purchased the adjacent 127,000 square foot office property in May of 2023 as the new home for its area administrative offices.
Development Opportunity: The Property presents a strong multifamily development opportunity. The City of Rancho Cucamonga recently updated its General Plan and the Property is now zoned MU City Corridor High “to provide for high development intensities along Foothill Blvd., particularly adjacent to city centers.” Buyers are encouraged to consult the City of Rancho Cucamonga and their land use attorney regarding proposed future development.
This Property is offered unpriced.