$3,898,974
$5,000,000
22.0%For more information regarding the value of a property, please contact us for a free consultation.
0.84 Acres Lot
SOLD DATE : 09/09/2024
Key Details
Sold Price $3,898,974
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24113231
Sold Date 09/09/24
HOA Y/N No
Year Built 1988
Lot Size 0.839 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 sits on a rectangular 0.84-acre parcel (36,540 square feet) and consists of two buildings with a total of 15,480 square feet building area. The property features two one-bedroom/one-bathroom floor plans and eighteen two-bedroom/one-bathroom floor plans. The community offers nineteen single-car garages, approximately thirty open parking spaces, a storage/utility room, an on-site laundry room, and a community picnic area in-between two buildings. The first-floor units have private backyards, and the upstairs units have front porches/decks. All units offer central air conditioning and 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. 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 264 - Fontana
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 19.0
Garage Description 19.0
Pool None
Community Features Sidewalks
Total Parking Spaces 49
Private Pool No
Building
Lot Description Cul-De-Sac, Rectangular Lot
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0193111820000
Energy Description 6157.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Douglas McCauley • MARCUS & MILLICHAP
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