Fontana, CA 92335,16405 Valencia Avenue
Fontana, CA 92335,16405 Valencia Avenue
Fontana, CA 92335,16405 Valencia Avenue
Fontana, CA 92335,16405 Valencia Avenue
Fontana, CA 92335,16405 Valencia Avenue
Fontana, CA 92335,16405 Valencia Avenue
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$4,228,000

$5,000,000

15.4%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

0.84 Acres Lot


SOLD DATE : 08/09/2024

Key Details

Sold Price $4,228,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24113165

Sold Date 08/09/24

Bedrooms 3

HOA Y/N No

Lot Size 0.836 Acres

Property Description

This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually. Constructed in 1988, the apartment complex is located on a rectangular 0.83-acre parcel (36,400 square feet) and has a building area of 14,056 square feet. The property consists of four one-bedroom/one-bathroom floor plans and sixteen two-bedroom/one-bathroom floor plans. The apartment features twenty single-car garages/storage rooms, twenty open parking spaces, an on-site laundry facility, a community courtyard with lounge chairs and barbeque grill, and well-maintained landscaping. Each unit offers central air conditioning and a deck/patio. All units are individually metered for gas and electricity. The properties are conveniently located just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple dining and shopping options, including Cardenas Markets, Walgreens, Superior Grocers, El Super, Stater Bros. Markets, and Smart & Final within two-mile radius of the properties. The properties are conveniently located just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple
This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually. Constructed in 1988, the apartment complex is located on a rectangular 0.83-acre parcel (36,400 square feet) and has a building area of 14,056 square feet. The property consists of four one-bedroom/one-bathroom floor plans and sixteen two-bedroom/one-bathroom floor plans. The apartment features twenty single-car garages/storage rooms, twenty open parking spaces, an on-site laundry facility, a community courtyard with lounge chairs and barbeque grill, and well-maintained landscaping. Each unit offers central air conditioning and a deck/patio. All units are individually metered for gas and electricity. The properties are conveniently located just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple dining and shopping options, including Cardenas Markets, Walgreens, Superior Grocers, El Super, Stater Bros. Markets, and Smart & Final within two-mile radius of the properties. The properties are conveniently located just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple dining and shopping options, including Cardenas Markets, Walgreens, Superior Grocers, El Super, Stater Bros. Markets, and Smart & Final within two-mile radius of the properties. For higher education, the Chaffey College Fontana Campus is within a five-minute drive from the subject properties. This public community college is served by a 50,000-square-foot campus offering general education courses, associate degrees for transfer, and courses that support the advancement of career. Additionally, majority of the properties are within walkable distance to the Downtown Fontana Core Districts that are bound by Foothill Blvd on the north, Randall Avenue on the south, Juniper Avenue on the west, and Mango Avenue on the east. Downtown Fontana is envisioned as a vibrant, active, family-friendly hub for shopping, dining, and socializing.

Location

State CA

County San Bernardino

Area Fontana (92335)

Zoning Other

Building

Lot Description Sidewalks

Story 2

Others

Acceptable Financing Cash

Space Rent $935

Listing Terms Cash

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Douglas McCauley • MARCUS & MILLICHAP
Bought with Douglas McCauley • MARCUS & MILLICHAP
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+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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