NOT LISTED FOR SALE

14807 Arrow Blvd Fontana, CA 92335

16 Beds
10 Baths
7,507 Sq Ft
2.12 Acres

Last Sold April 01, 2014

Last sale price $725,000 $97 Per Sq Ft

56 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • 6 Car Garage
  • Summit High School Rated A-
  • No HOA

About This Home

As of April 2014

CALLING ALL INVESTORS!!! REDUCED! REDUCED! Seven (7) units on over 2 acres of land located in prime Fontana area of San Bernadino County. Property consists of 5 single-family detached homes and one duplex. One of the rear houses in process of rehab and currently vacant is the oldest the remainder of the houses are newer. Front two houses were recently repainted and have refinished hardwood floors. On site manager occupies one of the homes at reduced rent. County Zoning is RM (Multiple Residential) and permits 5 to 14 units per acre (Buyer to confirm with County). Rents are low. See agent remarks below.

Last Agent to Sell the Property

Scott Ries

RE/MAX One License #01007484 Listed on: 01/20/2014

RE/MAX One

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,336

Year Built

  • Built in 1932

Lot Details

  • 2.12 Acre Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • 7,507 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 10 Bathrooms

Additional Features

  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, water
  • Tax Lot 94
  • Tax Tract Number 2102
  • Assessor Parcel Number 0230151030000

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,351
  • Maintenance Expense $2,223
  • Trash Expense $2,640
  • Water Sewer Expense $960
  • New Taxes Expense $9,500
  • Operating Expense $17,674
  • Gross Income $6,175
  • Net Operating Income $56,426

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,336

Year Built

Built in 1932

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 7.00
  • Other Phone Ext: 951280
  • Other Phone Number: 9512802277
  • Property Attached: Yes
  • Water Sewer Expenses: 960.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 0230151030000
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 96.58

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: No
  • Parking Features: Driveway, Garage, Off Street, RV Potential, RV Access/Parking, Street
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 2640.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 92347.00
  • Lot Size Acres: 2.1200

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 6175.00
  • Gross Multiplier: 11.00
  • Gross Scheduled Income: 74100.00
  • Insurance Expense: 2351.00
  • Lot Size Area: 2.1200 Acres
  • Maintenance Expense: 2223.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 56426.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 17674.00
  • Rent Control: No
  • Total Actual Rent: 6175.00
  • Total Expenses: 17674.00

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Lot: 94
  • Tax Tract Number: 2102
  • Tax Annual Amount: 9336.00
  • Tax Year: 2012

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 List to Sale Price per Sq Ft
04/01/2014 04/01/14 Sold $725,000 -14.7% $97 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $849,900 -- $113 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Scott Ries

    Seller's Agent in 2014

    Scott Ries

    RE/MAX

    (951) 733-1609

    38 Total Sales

    Scott Ries
    Section Image

  • C

    Buyer's Agent in 2014

    Christopher Dumayas

    MZ BROKERAGE INC.

    (626) 676-5090

    12 Total Sales

    Christopher Dumayas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG14014159

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County Fontana 92335

14807 Arrow Blvd, Fontana, CA

This home is located at 14807 Arrow Blvd, Fontana, CA 92335 since 20 January 2014. This property was built in 1932. 14807 Arrow Blvd is a home located in San Bernardino County with nearby schools including Redwood Elementary School, Almeria Middle School, and Summit High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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