$5,900,000 $39,253 est/mo Sourced by Back At You

8421 Oleander Avenue,Fontana, CA 92335

Fontana CA, 92335

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Description

This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually. The property sits on a substantial parcel of 1.69 acres (73,660 square feet) that consists of two single-family residences, two duplexes, and three townhouse-style fourplexes for a total building area of 17,887 square feet. Twelve units were constructed in 2007, consisting of six two-bedroom/one-bathroom units, three two-bedroom/one and one-half-bathroom units, and three three-bedroom/one and one-half-bathroom units. These units feature pitched tile roofs, double car garages with direct access to units, private spacious backyards, central air conditioning and heating, and selected units have balconies. Six units were constructed in 1955, consisting of two three-bedroom/two-bathroom single-family residences and four two-bedroom/one-bathroom floor plans. 8421 Oleander Avenue is a single-family house with an attached single-car garage and a spacious backyard with a built-in oven. Similarly, 8427 Oleander Avenue is a single-family house with a single-car garage, gated front porch, private driveway, and private backyard with access to additional open parking spaces in the back. The two duplexes feature single-car garages, ample open parking spaces, and private backyards. The community offers its residents a cabana in the spacious common area and an on-site laundry room. All units are individually metered for gas and electricity. The large parcel offers possible opportunities for future development or ADUs. 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.

Details

MLSCV24113295
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1955
Days On Site45
Listing Provided ByMARCUS & MILLICHAP 909-456-3400 | Douglas McCauley
Buying Commision$0

Features

SQ Feet17,887
Garage18
Story(s)2
Units18
Building(s)7
Acreage1.69

Market Activity 92335

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 2 minutes ago
StateCA
CountySan Bernardino
CityFontana
Zip Code92335
Area264 Fontana
Listing VS Median (in 92335)
Price:
$5,900,000
low | high
Med:
$599,900
100% of Average
SqFt:
17,887
low | high
Med:
1,288
100% of Average
$ / SqFt:
$330
low | high
Med:
$466
8.72875065112% of Average
On Site:
45
low | high
Med:
65
69.230769230769% of Average
Sourced by Back At You
Listing Updated: June 6, 2024 at 6:13:37 PM PDT