Seller's Agent in 2025
Manuel Marquez
Golden California
(909) 429-2120
14 Total Sales
16534 Arrow Blvd Fontana, CA 92335
Fontana Area
6
Beds
6
Baths
22,080
Sq Ft
0.89
Acre Lot
Highlights
- Spanish Architecture
- Balcony
- Central Heating and Cooling System
- Granite Countertops
- Tankless Water Heater
- 2 Car Garage
About This Home
As of March 2025New 2024 Construction!!!! Perfect Property to Upgrade to or for your 1031 Exchange, Beautiful Townhouse style 17- unit multifamily property. Gated 3-bedroom 2.5-bath with its own 2-car garage. Modern interior design, 2 story with its own laundry room. 3 of the 17-unit have a full size backyard. Beautiful decorative rock through the property to give a high-quality appearance. Each unit has a Master-Bedroom-Balcony to enjoy the fresh air and relax. AC units, Kitchen Cabinets, Water-Heaters and Appliances are all new. Roof, plumbing and electrical won’t need to be replaced for years to come. The property has RUBS for the Water to be billed to the tenants, and the general area’s light is off set by the solar panels. Season Investors will recognize the Value once they walk the property. These are accurate numbers of income and expenses, not based on Pro Forma, do to being 100% occupied and 10 months of expense operation.
Last Agent to Sell the Property
Golden California Brokerage Phone: 951-295-8787 License #01223058 Listed on: 12/17/2024
Last Buyer's Agent
Golden California Brokerage Phone: 951-295-8787 License #01223058 Listed on: 12/17/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2024
Lot Details
- 38,862 Sq Ft Lot
- Two or More Common Walls
- Vinyl Fence
- Block Wall Fence
- Density is 16-20 Units/Acre
Parking
- 2 Car Garage
- Parking Available
- Automatic Gate
Home Design
- Spanish Architecture
- Apartment
- Entry on the 1st floor
- Fire Rated Drywall
- Tile Roof
- Stucco
Interior Spaces
- 22,080 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Kitchen
- Gas Range
- Range Hood
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- All Upper Level Bedrooms
- 6 Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Balcony
- Rain Gutters
Utilities
- Central Heating and Cooling System
- 220 Volts
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block S8 / 26
- Assessor Parcel Number 0191121380000
- $1,746 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 17 Units
Amenities
- Laundry Facilities
Building Details
- 20 Separate Electric Meters
- 17 Separate Gas Meters
- 19 Separate Water Meters
- Electric Expense $1,320
- Insurance Expense $16,100
- Maintenance Expense $6,000
- Other Expense $4,800
- Professional Management Expense $18,000
- Supplies Expense $1,155
- Trash Expense $5,375
- Water Sewer Expense $18,000
- New Taxes Expense $103,750
- Operating Expense $176,900
- Gross Income $572,339
- Net Operating Income $395,538
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 17, 2024
Closed on
Mar 6, 2025
Sold by
Bought by
Seller's Agent
Manuel Marquez
Golden California
Buyer's Agent
Manuel Marquez
Golden California
List Price
$8,300,000
Sold Price
$7,600,000
Premium/Discount to List
-$700,000
-8.43%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,948,925
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2022
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
$3,825,000
Interest Rate
5.3%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 24, 2021
Sold by
Bought by
Purchase Details
Closed on
Jul 26, 2019
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
$150,000
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 4, 2017
Sold by
Bought by
Purchase Details
Closed on
Dec 1, 2004
Sold by
Bought by
Purchase Details
Closed on
Nov 30, 2004
Sold by
Bought by
Purchase Details
Closed on
Jul 24, 2003
Sold by
Bought by
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 |
|---|---|---|---|
| $7,600,000 | Lawyers Title Company | ||
| -- | Chicago Title | ||
| $1,000,000 | Lawyers Title | ||
| $400,000 | Fidelity National Title Ie | ||
| $409,000 | Chicago Title | ||
| -- | Fidelity National Title Co | ||
| $338,000 | Fidelity National Title Co | ||
| $150,000 | Stewart Title Company |
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 |
|---|---|---|---|
| Open | $4,000,000 | ||
| Previous Owner | $4,500,000 | ||
| Previous Owner | $3,825,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $251,850 | ||
| Previous Owner | $271,000 | ||
| Previous Owner | $120,000 |
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 |
|---|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $7,600,000 | -3.8% | $344 / Sq Ft | |
| 03/01/2025 03/01/25 | Pending | -- | -- | -- | |
| 01/27/2025 01/27/25 | Price Changed | $7,900,000 | -4.8% | $358 / Sq Ft | |
| 12/17/2024 12/17/24 | For Sale | $8,300,000 | +1975.5% | $376 / Sq Ft | |
| 11/21/2019 11/21/19 | Sold | $399,900 | 0.0% | $386 / Sq Ft | View Prior Sale |
| 06/18/2019 06/18/19 | Price Changed | $399,900 | -8.1% | $386 / Sq Ft | |
| 05/26/2019 05/26/19 | Price Changed | $435,000 | -8.4% | $420 / Sq Ft | |
| 03/22/2019 03/22/19 | For Sale | $475,000 | -- | $459 / 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 | $86,611 | $7,752,000 | $2,040,000 | $5,712,000 |
| 2025 | $86,611 | $7,527,804 | $1,050,804 | $6,477,000 |
| 2024 | $64,113 | $6,030,200 | $1,030,200 | $5,000,000 |
| 2023 | $28,846 | $2,710,000 | $1,010,000 | $1,700,000 |
| 2022 | $11,265 | $1,020,000 | $1,020,000 | $0 |
| 2021 | $3,858 | $323,315 | $323,315 | $0 |
| 2020 | $4,703 | $352,696 | $280,908 | $71,788 |
| 2019 | $4,785 | $417,180 | $275,400 | $141,780 |
| 2018 | $11,232 | $409,000 | $270,000 | $139,000 |
| 2017 | $3,915 | $318,800 | $237,500 | $81,300 |
| 2016 | $3,181 | $255,000 | $190,000 | $65,000 |
| 2015 | $2,750 | $218,000 | $155,450 | $62,550 |
| 2014 | $2,788 | $218,000 | $155,450 | $62,550 |
Source: Public Records
Agents Affiliated with this Home
-
Manuel Marquez
-
Sandro Ustrell
Seller's Agent in 2019
Sandro Ustrell
Foothill City Realty
(909) 553-3775
64 Total Sales
-
Ahmad Awad
Buyer's Agent in 2019
Ahmad Awad
Awad & Associates
(909) 685-5092
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24250788
APN: 0191-121-38
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.
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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