8019 Alder Ave Fontana, CA 92336
Estimated payment $7,496/month
About This Home
Rare opportunity to purchase a cash flowing new construction duplex in the supply constrained market of Fontana. Desirable unit mix with one 4 bedroom 2.5 bath unit and one 3 bedroom 2 bath unit. Builder spared no expense and even included self owned solar for the property.
Listing Agent
Parham Khoshbakhtian, Broker Brokerage Email: Parham.khoshbakhtian@marcusmillichap.com License #01446947 Listed on: 08/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,109
Year Built
- Built in 2023
Lot Details
- 6,205 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 3,450 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 423 / L
- Tax Tract Number 10230
- Assessor Parcel Number 0243101320000
- $75 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,000
- Operating Expense $15,200
- Gross Income $79,080
- Net Operating Income $63,880
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,109 | $918,000 | $239,700 | $678,300 |
| 2024 | $11,109 | $900,000 | $235,000 | $665,000 |
| 2023 | $1,431 | $135,600 | $132,600 | $3,000 |
| 2022 | $1,945 | $130,000 | $130,000 | $0 |
| 2021 | $97 | $8,168 | $8,168 | $0 |
| 2020 | $96 | $8,084 | $8,084 | $0 |
| 2019 | $94 | $7,925 | $7,925 | $0 |
| 2018 | $95 | $7,770 | $7,770 | $0 |
| 2017 | $94 | $7,618 | $7,618 | $0 |
| 2016 | $93 | $7,469 | $7,469 | $0 |
| 2015 | $92 | $7,357 | $7,357 | $0 |
| 2014 | $92 | $7,213 | $7,213 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2024 08/28/24 | For Sale | $1,200,000 | +823.1% | $348 / Sq Ft |
| 12/14/2021 12/14/21 | Sold | $130,000 | -3.0% | -- |
| 10/29/2021 10/29/21 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | Price Changed | $134,000 | +21.8% | -- |
| 10/27/2021 10/27/21 | For Sale | $110,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Orange Coast Title Company | |
| Grant Deed | -- | Provident Title | |
| Grant Deed | $130,000 | Lawyers Title | |
| Grant Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $470,000 | New Conventional | |
| Previous Owner | $436,000 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24178902
APN: 0243-101-32
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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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