776 Lugo Ave, San Bernardino, CA 92408
- Commercial real estate
- 1.00 lot acres
Current Use by Public Records
- California Towing Inc. / Auto Repair Shop
Property Details for 776 Lugo Ave
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 4, 2025 | $1,125,000 | Shan Cargo INC | Mm Investment Group LLC | Grant Deed | $620k · David D Young Etux |
| Mar 31, 2023 | — | Mm Investment Group LLC | — | Deed · related | $620k · Calprivate Bank |
| Mar 11, 2022 | — | Mm Investments Group LLC | Walter Vargas | Grant Deed | $2M · Harvest Small Business Finance LLC |
| May 25, 2021 | $1,700,000 | Walter Vargas | Ashraf Hanna | Grant Deed | $1.4M · Harvest Small Buiness Finance LLC |
| Jan 25, 2017 | $350,000 | Ashraf Hanna | Rasheed,muneer & Badr | Grant Deed | — |
Description
This exceptional 1-acre industrial land parcel, located at 776 S Lugo Ave, San Bernardino, CA 92408, presents a compelling investment opportunity. Priced at $1,495,000 ($34.32/SF), this property is zoned IL (Light Industrial) and offers significant potential for various uses. The lot is fully fenced and secured, providing peace of mind and enhanced security. Its strategic location provides immediate access to the I-10 and 215 freeways, ensuring convenient transportation and logistics. Permitted uses, subject to confirmation with the City of San Bernardino, include contractors' storage, lumber and rental yards, building supply storage, self-storage facilities, towing services, parking lots, and transportation and distribution centers. The property's size and zoning make it ideal for a range of industrial and commercial ventures. This is a rare opportunity to acquire a well-situated, ready-to-develop industrial lot in a thriving Southern California market. Serious inquiries are encouraged to explore the possibilities and confirm permitted uses with the relevant city authorities. Don't miss this chance to secure a prime piece of San Bernardino County real estate. The property is situated in San Bernardino County, California, offering easy access to major transportation arteries. The land is ready for immediate development or investment, presenting a strong return potential.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- San Bernardino
- County
- San Bernardino
- State
- California
- Longitude
- -117.2840278
- Latitude
- 34.0871818
