$1,548,000
$1,960,000
21.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
0.35 Acres Lot
SOLD DATE : 09/09/2024
Key Details
Sold Price $1,548,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24113097
Sold Date 09/09/24
Bedrooms 3
HOA Y/N No
Lot Size 0.347 Acres
Property Description
SELLER FINANCING AVAILABLE - This property is part of a nine (9) property apartment portfolio in Fontana, CA. The seller is willing to sell each property individually. Constructed in 1986, the apartment complex sits on a 0.35-acre parcel (15,120 square feet) and has a building area of 5,946 square feet. The property is located at the end of a cul-de-sac within a quiet residential neighborhood. The two-story building consists of a one-bedroom/one-bathroom floor plan and seven two-bedroom/one-bathroom floor plans. The property features eight carport parking spaces, nine open parking spaces, and a shared common area on the side of the building. Each unit offers residents central air conditioning and heating, and the first-floor units offer private back patios. 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. 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 Fon
SELLER FINANCING AVAILABLE - This property is part of a nine (9) property apartment portfolio in Fontana, CA. The seller is willing to sell each property individually. Constructed in 1986, the apartment complex sits on a 0.35-acre parcel (15,120 square feet) and has a building area of 5,946 square feet. The property is located at the end of a cul-de-sac within a quiet residential neighborhood. The two-story building consists of a one-bedroom/one-bathroom floor plan and seven two-bedroom/one-bathroom floor plans. The property features eight carport parking spaces, nine open parking spaces, and a shared common area on the side of the building. Each unit offers residents central air conditioning and heating, and the first-floor units offer private back patios. 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. 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 Cul-De-Sac, Sidewalks
Story 2
Others
Acceptable Financing Cash
Space Rent $990
Listing Terms Cash
Financing Cash
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Bought with Douglas McCauley • MARCUS & MILLICHAP