$6,990,000
About this home
Fully entitled 57 units multifamily development opportunity in the City of Diamond Bar. Located at the strategic midpoint between Los Angeles, San Bernardino, and Orange County, the site offers exceptional regional connectivity with close proximity to the 57 and 60 freeways and Ontario International Airport (ONT). This prime location provides convenient access to major employment centers across the Inland Empire and Southern California. The project is approved for a residential community featuring a mix of studio, one-, two-, and three-bedroom units, designed to meet strong rental demand in a supply-constrained market. Situated within the highly regarded Walnut Valley Unified School District, the area benefits from strong demographics, high household incomes, and limited new housing inventory. A near shovel-ready opportunity with key approvals in place, allowing developers to move forward efficiently with reduced entitlement risk.
Facts & features
- Lot size
- 1.761 acres (76,709 sq ft)
- View
- Neighborhood
- Area
- 616 - Diamond Bar
- County
- Los Angeles
- Community features
- Suburban
- Status
- Active
- Property type
- Land
- Days on market
- 81
- Listed
- 2026-03-20
- Terms
- Cash, Cash To New Loan, Exchange 1031
- Parcel #
- 8292009138
- MLS #
- TR26061097
