NOT LISTED FOR SALE

16155 Arrow Blvd Fontana, CA 92335

Fontana Area
3 Beds
2 Baths
2,234 Sq Ft
0.67 Acre Lot

Sale Details

Date Sold: March 25, 2025

Last sale price $645,000 $289 Per Sq Ft

72 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2025

Two Units on a Large Lot – Investment Opportunity! Also in Residential MLS:WS24238460 Address: 16155 & 16157 Arrow Blvd Details: Unit 1: 2 bedrooms, 1 bathroom, rented at $980/month Unit 2: 1 bedroom, 1 bathroom, plus a 405 sq. ft. basement, rented at $1,000/month Lot Size: 29,260 sq. ft. – a fantastic future development opportunity! Highlights: Each unit has separate water, gas, and electric meters. Property is being sold AS IS, WHERE IS, with current tenants in place. Tenants are reliable, with rent paid on time. Important Notes: Seller and agent make no guarantees regarding property details. Buyers are encouraged to conduct their own due diligence. Please DO NOT disturb the occupants. This standard sale offers great potential for investors looking for immediate rental income and future development possibilities.

Last Agent to Sell the Property

C. J. Duan

Pinnacle Real Estate Group Brokerage Phone: 626-262-3620 License #01363737 Listed on: 12/02/2024

Pinnacle Real Estate Group

Last Buyer's Agent

Tom Liu

UNIVERSAL ELITE REALTY License #02064642

UNIVERSAL ELITE REALTY
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 29,260 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 2,234 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Phone Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1
  • Assessor Parcel Number 0191171430000
  • $1 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $680
  • Operating Expense $680
  • Net Operating Income $19,289

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0.67 Acres

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0191171430000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 288.72
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 29260.00
  • Lot Size Acres: 0.6717

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 23760.00
  • Insurance Expense: 680.00
  • Lot Size Area: 29260.0000 Square Feet
  • Net Operating Income: 19289.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4471.00
  • Rent Control: No
  • Total Actual Rent: 1980.00
  • Total Expenses: 680.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: p91
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Mar 20, 2025
Sold by
Bought by
Seller's Agent
C. J. Duan
Pinnacle Real Estate Group
Buyer's Agent
Tom Liu
UNIVERSAL ELITE REALTY
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Views
97

Purchase Details

Closed on
Dec 24, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2015
Closed on
Jan 21, 2016
Sold by
Bought by
Seller's Agent
Mike Cheng
IRN REALTY
Buyer's Agent
C. J. Duan
Pinnacle Real Estate Group
List Price
$349,000
Sold Price
$348,000
Premium/Discount to List
-$1,000
-0.29%

Purchase Details

Listed on
Sep 17, 2015
Closed on
Jan 19, 2016
Sold by
Bought by
Seller's Agent
Mike Cheng
IRN REALTY
Buyer's Agent
C. J. Duan
Pinnacle Real Estate Group
List Price
$349,000
Sold Price
$348,000
Premium/Discount to List
-$1,000
-0.29%

Purchase Details

Listed on
Dec 10, 2013
Closed on
Mar 6, 2014
Sold by
Bought by
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
MIKE CHENG
List Price
$295,000
Sold Price
$256,000
Premium/Discount to List
-$39,000
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%
Original Mortgage
$150,000
Interest Rate
4.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 15, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1996
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Compan
-- Fidelity National Title Compan
$645,000 Fidelity National Title
$348,000 Fidelity National Title
-- Fidelity National Title
$256,000 Spl Title Services
$35,000 First American Title Ins Co
$134,600 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $387,000
Previous Owner $210,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2025 03/25/25 Sold $645,000 -0.8% $289 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $650,000 0.0% $291 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $650,000 +86.8% $291 / Sq Ft
01/26/2016 01/26/16 Sold $348,000 -0.3% $190 / Sq Ft View Prior Sale
01/18/2016 01/18/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $349,000 +36.3% $191 / Sq Ft
03/26/2014 03/26/14 Sold $256,000 +2.4% $140 / Sq Ft View Prior Sale
03/03/2014 03/03/14 Pending -- -- --
01/21/2014 01/21/14 Price Changed $250,000 -15.3% $137 / Sq Ft
12/10/2013 12/10/13 For Sale $295,000 -- $161 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,050 $657,900 $601,800 $56,100
2025 $5,050 $411,961 $207,163 $204,798
2024 $4,711 $403,883 $203,101 $200,782
2023 $4,166 $395,964 $199,119 $196,845
2022 $4,150 $388,200 $195,215 $192,985
2021 $4,098 $380,588 $191,387 $189,201
2020 $4,703 $376,686 $189,425 $187,261
2019 $4,548 $369,300 $185,711 $183,589
2018 $4,575 $362,059 $182,070 $179,989
2017 $4,509 $354,960 $178,500 $176,460
2016 $3,465 $265,097 $66,275 $198,822
2015 $3,400 $261,115 $65,279 $195,836
2014 $1,121 $59,786 $33,215 $26,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24239904

California Regional Multiple Listing Service (CRMLS)

APN: 0191-171-43

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