5151 Arrow hwy - Residential LAND FOR SALE


Montclair, CA 91763 260,271 SF
$10,500,000 USD
818-212-2748
5151 Arrow hwy, Montclair, CA for Sale
$10,500,000 USD
Residential LAND - FOR SALE
1/5
260,271 SF

5151 Arrow hwy
Montclair, CA 91763


HIGHLIGHTS

  • Prime 5.975-Acre Infill Site: Located at the southeast corner of Arrow Highway and Fremont Avenue within Montclair’s dynamic Downtown Focus Area.
  • Transit-Oriented Location: Less than one mile from the Montclair TransCenter, offering direct Metrolink service to Pasadena/Downtown Los Angeles.
  • Proximity to Major Redevelopment Just 0.4 miles from CIM Group’s $200-Million Montclair Place revitalization, creating a vibrant new retail and dining
  • Strategic Policy Alignment Situated within the North Montclair Downtown Specific Plan, supporting high-density, mixed-use, and walkable development.
  • High Resource & DDA Designation: Eligible for enhanced LIHTC basis adjustments and state-level affordable housing incentives.
  • Exceptional Regional Connectivity Immediate access to Interstate 10, Arrow Highway, and Central Avenue for seamless links to major employment centers.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/ACRE

$1,757,322/AC

PRICE/SF

$40 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime ±5.975 Acre Infile Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

5.97 AC

LAND SF

260,271 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

1008-021-01,1008-021-02

ASK ABOUT THIS PROPERTY

Filip NiculeteMarcus & MillichapMore Info
818-212-2748

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Filip NiculeteMarcus & MillichapMore Info
818-212-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.