$1,100,000
$1,198,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
6 Baths
0.97 Acres Lot
SOLD DATE : 04/02/2024
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24002019
Sold Date 04/02/24
Bedrooms 11
HOA Y/N No
Lot Size 0.966 Acres
Property Description
Prime Investment Opportunity With 4 Individual Houses On A HUGE (42,094 sq.ft.) Lot Ideal For Multifamily Development. Very attractive unit mx comprised of a Front House which is 4 Bedroom + 2 Baths, Two (2) 2 Bedroom + 1 Bath Houses, and One 1 Bed + 1 Bath House. Situated on Palmetto Ave in between Arrow and Foothill Blvd the asset is perfectly located next to Fontana Middle School and Pacific Electric Trail, it is walking distance to Fontana Library and Technology Center, Miller Park, Fontana City Hall, and everything the city of Fontana has to offer. This Asset is a wonderful opportunity for the right investor who wants a value add property with the opportunity for future multifamily development.
Prime Investment Opportunity With 4 Individual Houses On A HUGE (42,094 sq.ft.) Lot Ideal For Multifamily Development. Very attractive unit mx comprised of a Front House which is 4 Bedroom + 2 Baths, Two (2) 2 Bedroom + 1 Bath Houses, and One 1 Bed + 1 Bath House. Situated on Palmetto Ave in between Arrow and Foothill Blvd the asset is perfectly located next to Fontana Middle School and Pacific Electric Trail, it is walking distance to Fontana Library and Technology Center, Miller Park, Fontana City Hall, and everything the city of Fontana has to offer. This Asset is a wonderful opportunity for the right investor who wants a value add property with the opportunity for future multifamily development.
Location
State CA
County San Bernardino
Area Fontana (92335)
Zoning Assessor
Interior
Appliance Other/Remarks
Building
Lot Description Curbs, Sidewalks
Story 2
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange, FHA
Space Rent $2,950
Listing Terms Cash, Conventional, Exchange, FHA
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Judith Liu • RE/MAX CHAMPIONS