142 North 6th Avenue
- Development Opportunity Near Downtown Upland
- Property Will Be Delivered In An “As Is” Condition
- By-Right: 53 Multi-Family Units / 54.71 DU/Acre
- Senior Affordable: 88 Multi-Family Units / 91.6 DU/Acre
Property Description
By-Right Development: The subject property allows for the by-right development of a 53 unit Multi-Family Residential Community consisting of 1 on-grade, wood-frame, four story building with recreational amenities including a workout room. The community would consist of (35) one bedroom & (18) two bedroom units. The project is within walking distance to the Upland Metrolink station and Downtown Upland, which hosts numerous seasonal street fairs and open aire markets, and provides a multitude of restaurants and retail shopping along pedestrian friendly walkways. Senior Affordable Development: If a developer utilizes the density bonuses allowed for affordable housing communities, the subject property allows for the development of an 88 unit Affordable Housing Community consisting of 1 wood-frame, three story building with recreational amenities including a community room, lobby, mailroom, and bicycle storage. The community would consist of (70) one bedroom & (18) two bedroom units. The project is designed around access to the nearby rail station rather than automobile use, and as such the project doesn’t include resident parking. Within the clubhouse and the courtyard communal spaces residents will enjoy a variety of programs and social services.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $2,400,000 |
| Lot Size: | 0.97 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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