NOT LISTED FOR SALE

15082 Arrow Blvd Fontana, CA 92335

2 Beds
1 Bath
6,990 Sq Ft
18,000 Sq Ft Lot

Last Sold March 02, 2018

Last sale price $1,300,000 $186 Per Sq Ft

1 Day on Market

About This Home

As of March 2018

We are pleased to offer for sale this 9 unit multi-family investment property located in the highly desirable rental community of the city of Fontana. The property is comprised of all 2Bed/1Bath units built in 1989. All units are separately metered for electricity and gas, while the owner pays for water and trash. Tenants enjoy central A/C and heat and onsite open space parking. The property has been well maintained by the current owner and offers a new investor significant upside in rental income.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 12/07/2017

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 12/07/2017

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 0.41 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 6,990 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 082
  • Tax Tract Number 230
  • Assessor Parcel Number 0230082180000

Community Details

Overview

  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Insurance Expense $2,796
  • Maintenance Expense $4,831
  • Other Expense $3,599
  • Trash Expense $2,400
  • Water Sewer Expense $4,200
  • New Taxes Expense $15,198
  • Operating Expense $33,564
  • Gross Income $99,600
  • Net Operating Income $63,048

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0.41 Acres

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: RM
  • Property Type: Residential Income
  • Parcel Number: 0230082180000
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 185.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Conventional Septic
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 18000.00

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 99600.00
  • Gross Scheduled Income: 99600.00
  • Insurance Expense: 2796.00
  • Maintenance Expense: 4831.00
  • Net Operating Income: 63048.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 33564.00
  • Other Expense: 3599.00
  • Rent Control: No
  • Total Expenses: 33564.00

Tax Info

  • New Taxes Expense: 15198.00
  • Tax Census Tract: 24.01
  • Tax Lot: 082
  • Tax Tract Number: 0230
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Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $1,300,000 0.0% $186 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $1,300,000 -- $186 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,503 $1,479,179 $512,024 $967,155
2024 $15,348 $1,450,175 $501,984 $948,191
2023 $14,951 $1,421,740 $492,141 $929,599
2022 $14,891 $1,393,863 $482,491 $911,372
2021 $14,704 $1,366,532 $473,030 $893,502
2020 $14,669 $1,352,520 $468,180 $884,340
2019 $14,221 $1,326,000 $459,000 $867,000
2018 $7,653 $687,365 $137,473 $549,892
2017 $7,610 $673,887 $134,777 $539,110
2016 $7,483 $660,673 $132,134 $528,539
2015 $7,387 $650,749 $130,149 $520,600
2014 $7,368 $638,002 $127,600 $510,402
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17271616

California Regional Multiple Listing Service (CRMLS)
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