NOT LISTED FOR SALE

13665 Arrow Blvd Fontana, CA 92335

6 Beds
5 Baths
17,074 Sq Ft
0.78 Acres

Last Sold July 11, 2023

Last sale price $4,450,000 $261 Per Sq Ft

104 Days on Market

Highlights

  • No Units Above
  • 0.78 Acre Lot
  • Laundry Room
  • Summit High School Rated A-
  • No HOA
  • Bike Trail

About This Home

As of July 2023

10 units 3 bedrooms 2.5 bath apartment complex 8 units 1370 S.f. 2units 1269 S.F., 17074 total building square feet with garages, fully leased, beautiful townhome design with attached garage, inside Landry, 2.5 miles to Victoria Garden Mall, close to 15 and 10 freeways, very close to Rancho Cucamonga city line. The complex was built in 2022 and offers a range of modern amenities and features that are sure to appeal to renters in the Fontana area. The units feature high-end finishes and appliances, as well as spacious layouts and ample natural light. Each unit include porcelain title and laminate flooring, Washer/Dryer Hookup and private Patio. It is a great opportunity for Investor.

Last Agent to Sell the Property

Sam Kabab

Optima Capital Corporation License #01217291 Listed on: 03/10/2023

Last Buyer's Agent

Troy Daniels

Complete Mortgage Funding Corp License #01372505

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • 0.78 Acre Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 7 Open Parking Spaces
  • 18 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 17,074 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, water
  • Tax Lot 309
  • Tax Tract Number 2102
  • Assessor Parcel Number 0229231390000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 10 Units

Recreation

  • Bike Trail

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,504
  • Professional Management Expense $1,200
  • Trash Expense $2,400
  • Water Sewer Expense $2,520
  • Operating Expense $6,120
  • Gross Income $342,660
  • Net Operating Income $273,071

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0

Parking

18

Listing Details

  • Assessments: No
  • Price Per Unit: 449900
  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2520.00
  • Zoning: RM
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0229231390000
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 260.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 18.00
  • Total Parking Spaces: 25.00
  • Uncovered Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Sewer: Septic Type Unknown
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 34080.00
  • Lot Size Acres: 0.7824

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Water

Multi Family

  • Average3 Bed Area: 1370 Square Feet
  • Gross Income: 342660.00
  • Gross Operating Income: 342660.00
  • Gross Scheduled Income: 342660.00
  • Insurance Expense: 3504.00
  • Lot Size Area: 34080.0000 Square Feet
  • Net Operating Income: 273071.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Number With Dishwasher: 10
  • Number With Patio: 10
  • Number With Range: 10
  • Operating Expense: 69589.00
  • Other Income Description: $50/tenant /month for CAM
  • Rent Control: No
  • Total Expenses: 6120.00

Tax Info

  • Tax Census Tract: 22.04
  • Taxes Percent: 1.08
  • Tax Lot: 309
  • Tax Tract Number: 2102

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2023 07/11/23 Sold $4,450,000 -1.1% $261 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $4,499,000 0.0% $264 / Sq Ft
05/30/2023 05/30/23 Rented $2,895 -3.3% --
05/25/2023 05/25/23 For Rent $2,995 0.0% --
05/24/2023 05/24/23 Off Market $2,995 -- --
05/22/2023 05/22/23 For Rent $2,995 0.0% --
05/21/2023 05/21/23 Off Market $2,995 -- --
05/04/2023 05/04/23 Price Changed $2,995 -11.9% $2 / Sq Ft
04/28/2023 04/28/23 Price Changed $3,400 +26.2% $3 / Sq Ft
03/30/2023 03/30/23 For Rent $2,695 0.0% --
03/23/2023 03/23/23 Off Market $2,695 -- --
03/13/2023 03/13/23 For Rent $2,969 0.0% --
03/10/2023 03/10/23 For Sale $4,799,000 -- $281 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23040719

California Regional Multiple Listing Service (CRMLS)