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Prime ±5.975 Acre Infile Site 5151 Arrow hwy Lot | Résidentiel | 2,42 ha | À vendre | 9 058 245 € | Montclair, CA 91763



Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Prime 5.975-Acre Infill Site: Located at the southeast corner of Arrow Highway and Fremont Avenue within Montclair’s dynamic Downtown Focus Area.
- Proximity to Major Redevelopment Just 0.4 miles from CIM Group’s $200-Million Montclair Place revitalization, creating a vibrant new retail and dining
- High Resource & DDA Designation: Eligible for enhanced LIHTC basis adjustments and state-level affordable housing incentives.
- Transit-Oriented Location: Less than one mile from the Montclair TransCenter, offering direct Metrolink service to Pasadena/Downtown Los Angeles.
- Strategic Policy Alignment Situated within the North Montclair Downtown Specific Plan, supporting high-density, mixed-use, and walkable development.
- Exceptional Regional Connectivity Immediate access to Interstate 10, Arrow Highway, and Central Avenue for seamless links to major employment centers.
RÉSUMÉ ANALYTIQUE
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.
The 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 (80–102 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 Plan Amendment allowing cumulative density across parcels and refinements to internal street and shopfront layouts.
Centrally positioned within Montclair’s Downtown Focus Area, the site enjoys outstanding access to major employment centers and transit. It is within one mile of the Montclair TransCenter, serving Metrolink, Omnitrans, and the upcoming Gold Line (L Line) extension, providing seamless connectivity from the Inland Empire to Pasadena and Downtown Los Angeles. The location also offers immediate access to I-10, Central Avenue, and Arrow Highway.
Serving as a major catalyst for the area’s revitalization, CIM Group’s $200-million transformation of Montclair Place is redefining the city’s retail core into a vibrant mixed-use destination with 209,000 square feet of new retail, dining, and entertainment, including the 130,000-square-foot Montclair Theater and Main Event’s 51,800-square-foot family venue. This large-scale “eat-ertainment” hub, anchored by venues such as The Canyon, Lazy Dog, and Pier 88, has become a powerful driver of residential demand and rent growth.
With its prime infill location, transit access, and strong public-private investment synergy, the Montclair development site represents a rare opportunity to deliver a transformative housing community within one of Southern California’s most dynamic growth corridors.
The 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 (80–102 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 Plan Amendment allowing cumulative density across parcels and refinements to internal street and shopfront layouts.
Centrally positioned within Montclair’s Downtown Focus Area, the site enjoys outstanding access to major employment centers and transit. It is within one mile of the Montclair TransCenter, serving Metrolink, Omnitrans, and the upcoming Gold Line (L Line) extension, providing seamless connectivity from the Inland Empire to Pasadena and Downtown Los Angeles. The location also offers immediate access to I-10, Central Avenue, and Arrow Highway.
Serving as a major catalyst for the area’s revitalization, CIM Group’s $200-million transformation of Montclair Place is redefining the city’s retail core into a vibrant mixed-use destination with 209,000 square feet of new retail, dining, and entertainment, including the 130,000-square-foot Montclair Theater and Main Event’s 51,800-square-foot family venue. This large-scale “eat-ertainment” hub, anchored by venues such as The Canyon, Lazy Dog, and Pier 88, has become a powerful driver of residential demand and rent growth.
With its prime infill location, transit access, and strong public-private investment synergy, the Montclair development site represents a rare opportunity to deliver a transformative housing community within one of Southern California’s most dynamic growth corridors.
DATA ROOM Cliquez ici pour accéder à
- Offering Memorandum
INFORMATIONS SUR L’IMMEUBLE
| Prix | 9 058 245 € | Sous-type de bien | Résidentiel |
| Type de vente | Investissement | Usage proposé | |
| Nb de lots | 1 | Surface totale du lot | 2,42 ha |
| Type de bien | Terrain |
| Prix | 9 058 245 € |
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Résidentiel |
| Usage proposé | |
| Surface totale du lot | 2,42 ha |
1 LOT DISPONIBLE
Lot
| Prix | 9 058 245 € | Surface du lot | 2,42 ha |
| Prix par ha | 3 746 177,43 € |
| Prix | 9 058 245 € |
| Prix par ha | 3 746 177,43 € |
| Surface du lot | 2,42 ha |
1 1
Bike Score®
Très praticable en vélo (77)
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 0 € | |
| Évaluation du terrain | 5 650 457 € | Évaluation totale | 5 650 457 € |
TAXES FONCIÈRES
N° de parcelle
Évaluation du terrain
5 650 457 €
Évaluation des aménagements
0 €
Évaluation totale
5 650 457 €
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Prime ±5.975 Acre Infile Site | 5151 Arrow hwy
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