0.5 Acres Lot
0.5 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25252493
HOA Y/N No
Year Built 1985
Lot Size 0.496 Acres
Property Sub-Type Apartment
Property Description
The unit mix features a majority two-bedroom units along with one-bedroom layouts, appealing to a
broad tenant base. Amenities include on-site parking with 13 covered carports and 4 open spaces
(approximately 1.9 spaces per unit), a shared laundry room, and select units with private balconies.
The property demonstrates strong in-place financials, with additional upside through continued rent
growth as several units remain below market levels. The new owner will also benefit from recent
improvements, including all HVAC condensers replaced within the past five years and upgraded water
lines for the two-bedroom units completed approximately three years ago.
Situated in Fontana, one of the fastest-growing cities in the Inland Empire, the asset benefits from
steady rental demand fueled by the region's expansive logistics and warehousing industry. Nearby
employment hubs include Amazon fulfillment centers, Kaiser Permanente Medical Center, Ontario
International Airport, and major distribution centers for UPS, FedEx, and Walmart. The location also
offers excellent accessibility to I-10, I-15, and CA-210 freeways, reinforcing tenant demand and long term
market stability.
Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property.
For Further Information, Please Contact the Listing Agents.
Location
State CA
County San Bernardino
Area 264 - Fontana
Interior
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 13
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 17
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0192221180000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
