5151 East Arrow Highway
Montclair, CA, 91763 $ 10,500,000
Baths0.0 Monthly Estimate*
$ 65,506
Studio for $10,500,000. The lot size is 5.53.
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.PropertyThe 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 (80102 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.LocationCentrally 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.
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FeaturesExteriorLot Size Area 240887.0
Lot Size Acres 5.53
Land Lease Type Fee
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GeneralCounty San Bernardino
New Construction No
Property Type D
HOA No
Status Active
City Montclair
Senior Community Y/N No
MLS Area 685 - Montclair
Lot Size Units Square Feet
Lot Size Square Feet 240887.0
Standard Status Active
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* Excluded FeaturesList ByFilip NiculeteListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $65,506
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Montclair, CA
Average List Price $5,472,250
Percent of Sale Price 48%
About Montclair, CA 40,470 Population
16% Since 2002
$ 51,160 Median Income
33.63 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/11/2025 | $10,500,000 | | Listed Price |