VALUE IS IN THE LAND!!!! This property consists of two parcels, totaling 25,000 square feet, currently zoned RM-20 (Residential Multi-Family Low, densities up to 20 units per net acre) and per the City of Upland soon to be re-zoned RM-30 (Residential Multi-Family Medium, densities up to 30 units per net acre). Both the current and proposed zoning would allow building heights up to 40 feet. Since the value is in the land, the list price reflects that no value has been assigned to the current structures. Currently used as a contractor’s business facility, it is considered by the City to be a legal non-conforming use. City staff has indicated the current use may be allowed to continue on an interim basis with conditions. Buyers and their agents must verify proposed uses with the City prior to submitting offers.
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