NOT LISTED FOR SALE

7391 Alder Ave Fontana, CA 92336

Fontana Area
4 Beds
4 Baths
2 Sq Ft
6,314 Sq Ft Lot

Sale Details

Date Sold: April 18, 2022

Last sale price $650,000 $325,000 Per Sq Ft

120 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • Laundry Facilities

About This Home

As of April 2022

Excellent opportunity Quadruplex in Fontana! Great investment for investors or first time buyers, Live in one, rent the others. All units are one bedroom and one bath, all four units have good size floor plan, Units have individual electric and gas meters. Property is fully-occupied. Close to Fwys and schools.

Last Agent to Sell the Property

LUPITA MEDINA

Homequest Real Estate License #01447152 Listed on: 10/07/2021

Homequest Real Estate

Last Buyer's Agent

LUPITA MEDINA

Homequest Real Estate License #01447152 Listed on: 10/07/2021

Homequest Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,314 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Home Design

  • 2 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Washer Hookup
  • Exterior Lighting
  • Evaporated cooling system

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 398 / L
  • Tax Tract Number 2
  • Assessor Parcel Number 0243221020000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,800
  • Water Sewer Expense $3,840
  • Operating Expense $5,640
  • Net Operating Income $31,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,314 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3840.00
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 0243221020000
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 6314.00
  • Lot Size Acres: 0.1449

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 37020.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6314.0000 Square Feet
  • Net Operating Income: 31380.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5640.00
  • Rent Control: No
  • Total Actual Rent: 3085.00
  • Total Expenses: 5640.00

Tax Info

  • Tax Area: 10-000
  • Tax Block: L
  • Tax Census Tract: 23.07
  • Tax Lot: 398
  • Tax Tract Number: 002...

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
Feb 11, 2022
Sold by
Haro Deluna Enedina
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
$455,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2021
Sold by
Luna Miguel
Bought by
Haro Deluna Enedina

Purchase Details

Closed on
Sep 2, 1997
Sold by
Arnold William L
Bought by
Luna Miguel
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
$650,000 Wfg National Title
Haro Deluna Enedina -- None Listed On Document
Luna Miguel $89,000 Northern Counties Title Co
Luna Miguel -- Northern Counties Title Co
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 $455,000
Previous Owner Luna Miguel $100,000
Previous Owner Luna Miguel $72,000
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
04/18/2022 04/18/22 Sold $650,000 +4.8% $325,000 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $620,000 -4.6% $310,000 / Sq Ft
10/16/2021 10/16/21 Off Market $650,000 -- --
10/16/2021 10/16/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $620,000 -- $310,000 / 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 $9,206 $703,580 $175,354 $528,226
2025 $9,206 $689,785 $171,916 $517,869
2024 $8,542 $676,260 $168,545 $507,715
2023 $8,250 $663,000 $165,240 $497,760
2022 $2,623 $129,324 $31,670 $97,654
2021 $2,509 $126,788 $31,049 $95,739
2020 $2,525 $125,488 $30,731 $94,757
2019 $2,423 $123,027 $30,128 $92,899
2018 $2,374 $120,614 $29,537 $91,077
2017 $2,277 $118,249 $28,958 $89,291
2016 $2,171 $115,930 $28,390 $87,540
2015 $2,099 $114,189 $27,964 $86,225
2014 $2,061 $111,952 $27,416 $84,536
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21221792

California Regional Multiple Listing Service (CRMLS)

APN: 0243-221-02

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