NOT LISTED FOR SALE

16995 Malaga St Fontana, CA 92336

Fontana Area
13 Beds
11 Baths
6,202 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: August 20, 2018

Last sale price $975,000 $157 Per Sq Ft

7 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Main Floor Bedroom
  • No HOA
  • Tile Flooring

About This Home

As of August 2018

Absolutely amazing investment opportunity, six unit income property in the city of Fontana. This property boasts 6,202 square feet of living space situated on a large 19,800 sf LOT. A total of six spacious units, four units consists 2 bed/1.5 bath, one unit is 2 bed/1 bath and one unit is 3 bed/1.5 bath with living room and family room. Small courtyards for all downstairs units, a separate convenient laundry room for tenants, and SIX carport spots with plenty of room for additional parking. FIVE units occupied for immediate cash flow with a single unit vacant to live in or to rent out! Property is conveniently located close to Downtown Fontana, public schools, shopping centers, and local parks. Don’t miss out on this rare find!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 08/03/2018

Last Buyer's Agent

Christopher Dumayas

MZ BROKERAGE INC. License #01954052

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 19,800 Sq Ft Lot
  • Lot Dimensions are 66x301
  • No Common Walls
  • Wrought Iron Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Lawn

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 6,202 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • Main Floor Bedroom
  • 11 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 9
  • Tax Tract Number 1888
  • Assessor Parcel Number 0190182290000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.45 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: R3
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0190182290000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 157.21
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stone Veneer, Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Sprinklers In Front
  • Lot Size: 66x301
  • Lot Size Sq Ft: 19800.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 71400.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Number With Range: 6
  • Rent Control: No
  • Total Actual Rent: 5950.00

Tax Info

  • Tax Census Tract: 29.01
  • Tax Lot: 9
  • Tax Tract Number: 1888

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

Closed on
Sep 30, 2021
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
$11,591,250
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 15, 2018
Sold by
Bought by
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Christopher Dumayas
MZ BROKERAGE INC.
List Price
$949,900
Sold Price
$975,000
Premium/Discount to List
$25,100
2.64%

Purchase Details

Closed on
May 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2005
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
$483,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2005
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
$510,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2005
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
$510,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 1999
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
$104,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 1999
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
$104,000
Interest Rate
7.24%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1999
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
$104,000
Interest Rate
7.24%
Mortgage Type
Commercial
Source: Public Records
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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
-- Orange Coast Title Co
$975,000 Usa National Title Co
$360,000 Fidelity National Title
$327,000 Fidelity National Title
$830,000 United Independent Title
-- Orange Coast Title
$680,000 Orange Coast Title Company
-- Orange Coast Title Company
-- Orange Coast Title
-- Orange Coast Title
-- Orange Coast Title
-- Orange Coast Title
$128,000 Orange Coast Title
$153,110 Chicago Title
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 $11,566,269
Closed $11,591,250
Previous Owner $285,000
Previous Owner $160,000
Previous Owner $165,200
Previous Owner $483,000
Previous Owner $510,000
Previous Owner $750,000
Previous Owner $104,000
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
08/20/2018 08/20/18 Sold $975,000 +2.6% $157 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $949,900 -- $153 / 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 $13,634 $1,109,384 $341,348 $768,036
2025 $13,634 $1,087,631 $334,655 $752,976
2024 $12,660 $1,066,305 $328,093 $738,212
2023 $12,261 $1,045,397 $321,660 $723,737
2022 $12,166 $1,024,899 $315,353 $709,546
2021 $12,007 $1,004,803 $309,170 $695,633
2020 $12,001 $994,500 $306,000 $688,500
2019 $11,611 $975,000 $300,000 $675,000
2018 $6,728 $506,693 $156,061 $350,632
2017 $6,609 $496,758 $153,001 $343,757
2016 $6,431 $487,018 $150,001 $337,017
2015 $6,306 $479,703 $147,748 $331,955
2014 $6,272 $470,306 $144,854 $325,452
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18188146

California Regional Multiple Listing Service (CRMLS)
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