NOT LISTED FOR SALE

16221 Ceres Ave Fontana, CA 92335

18 Beds
12 Baths
6,608 Sq Ft
25,700 Sq Ft Lot

Last Sold January 31, 2014

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

33 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Laundry Room
  • Traditional Architecture
  • 2 Car Direct Access Garage
  • Tile Flooring

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

0.59 Acres

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
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Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $18,571 $1,667,178 $471,959 $1,195,219
2024 $17,268 $1,634,488 $462,705 $1,171,783
2023 $16,821 $1,602,439 $453,632 $1,148,807
2022 $16,754 $1,571,018 $444,737 $1,126,281
2021 $16,543 $1,540,214 $436,017 $1,104,197
2020 $16,503 $1,524,421 $431,546 $1,092,875
2019 $15,999 $1,494,530 $423,084 $1,071,446
2018 $16,245 $1,465,225 $414,788 $1,050,437
2017 $16,154 $1,436,495 $406,655 $1,029,840
2016 $15,882 $1,408,328 $398,681 $1,009,647
2015 $15,679 $1,387,173 $392,692 $994,481
2014 $10,531 $912,392 $188,122 $724,270
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)
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