NOT LISTED FOR SALE

16221 Ceres Ave Fontana, CA 92335

18 Beds
12 Baths
6,608 Sq Ft
0.59 Acres

Last Sold January 31, 2014

Last sale price $1,360,000 $206 Per Sq Ft

33 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • 0.59 Acre Lot
  • No HOA
  • Laundry Room

About This Home

As of January 2014

Condo style newer apartment! Turnkey! Always Rented! 6 units - each unit is 3 bedrooms, 2.5 baths, double car garage, each has a yard. Barbecue & play area available for all tenants. Gated complex.

Last Agent to Sell the Property

Ying Chun Cui

J C REALTY CO. License #01268283 Listed on: 09/19/2013

Last Buyer's Agent

Jay Kardar

HOME VIEW REALTY License #01189533

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2008

Lot Details

  • 0.59 Acre Lot
  • Two or More Common Walls

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • 6,608 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Tile Roof
  • Concrete Roof
  • Wood Siding

Kitchen

  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • All Upper Level Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Legal Lot and Block 1 / 2
  • Tax Tract Number 2103
  • Assessor Parcel Number 0191182120000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $623
  • Gardener Expense $2,400
  • Insurance Expense $1,412
  • Maintenance Expense $445
  • Trash Expense $1,561
  • Water Sewer Expense $1,598
  • New Taxes Expense $16,002
  • Gross Income $8,479
  • Net Operating Income $83,325

Property Details

Home Type

Multi-Family

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.00
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1598.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 0191182120000
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 205.81
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access, Garage Door Opener, Gated
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Washer Hookup
  • Trash Expense: 1561.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 25717.00
  • Lot Size Acres: 0.5900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Electric Expense: 623.00
  • Gross Income: 8479.00
  • Gross Scheduled Income: 101748.00
  • Insurance Expense: 1412.00
  • Lot Size Area: 25717.0000 Square Feet
  • Maintenance Expense: 445.00
  • Net Operating Income: 83325.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 18423.00
  • Rent Control: No
  • Total Actual Rent: 8479.00

Tax Info

  • New Taxes Expense: 16002.00
  • Tax Block: 2
  • Taxes Percent: 59.33
  • Tax Lot: 1
  • Tax Tract Number: 2103
  • 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 Change Sq Ft Price
01/31/2014 01/31/14 Sold $1,360,000 -2.2% $206 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $1,390,000 -- $210 / 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: WS13191273

California Regional Multiple Listing Service (CRMLS)