NOT LISTED FOR SALE

8155 Laurel Ave Fontana, CA 92335

13 Beds
6 Baths
4,675 Sq Ft
0.57 Acres Lot

Sale Details

Date Sold: August 30, 2017

Last sale price $1,010,000 $216 Per Sq Ft

7 Days on Market

Highlights

  • Private Yard
  • Living Room
  • 9 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • Chain Link Fence

About This Home

As of August 2017

Amazing Investment Opportunity to Own Six Units consisting of 3 Duplex Buildings, with One 3-1 Bath currently rented for $1350 a month with Fireplace, Central Air and Heat, Large Kitchen, living room , Private fenced yard, attached garage, washer and dryer room and storage room. ( 3rd Bedroom could also be large family room living room area, tenants have used as bedroom) Five 2 bed 1 bath currently rented for $1150 a month with Central Air and Heat, Kitchen , living room, Private fenced yard, garage, washer and dryer hook ups. The property has 3 Extra garages that could be rented to tenants for more income , one extra garage is a one car door with two car size inside , room for parking on property , covered trash can storage area, two units are on public sewer and 4 are on Septic , the Seller Pays Water and Trash , all units are individually metered. Gross Income is $85,200 a Year

Last Agent to Sell the Property

Michael Stoffel

TOWER AGENCY License #01322027 Listed on: 06/23/2017

Last Buyer's Agent

Yiu Kwei

KW Executive License #01875802

KW Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 24,700 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Level Lot
  • Private Yard
  • Lawn

Parking

  • 9 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Property Attached
  • Composition Roof

Interior Spaces

  • 4,675 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Laminate Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 429
  • Assessor Parcel Number 0246031170000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Insurance Expense $4,145
  • Trash Expense $1,830
  • Water Sewer Expense $2,952
  • Operating Expense $9,249
  • Gross Income $85,200
  • Net Operating Income $75,951

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.57 Acres

Parking

9

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 2952.00
  • Zoning: 93/6
  • Property Type: Residential Income
  • Parcel Number: 0246031170000
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 216.04
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 9.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage, On Site
  • Total Parking Spaces: 9.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Conventional Septic, Public Sewer
  • Trash Expense: 1830.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Yard
  • Lot Size Sq Ft: 24700.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 85200.00
  • Gross Scheduled Income: 85200.00
  • Insurance Expense: 4145.00
  • Net Operating Income: 75951.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 9249.00
  • Rent Control: No
  • Total Actual Rent: 7100.00
  • Total Expenses: 9249.00

Tax Info

  • Tax Census Tract: 34.01
  • Tax Lot: 429
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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
08/30/2017 08/30/17 Sold $1,010,000 +1.0% $216 / Sq Ft
06/23/2017 06/23/17 For Sale $999,999 -- $214 / 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
2025 $13,562 $1,149,208 $341,349 $807,859
2024 $12,602 $1,126,675 $334,656 $792,019
2023 $12,241 $1,104,583 $328,094 $776,489
2022 $12,169 $1,082,925 $321,661 $761,264
2021 $12,012 $1,061,691 $315,354 $746,337
2020 $11,964 $1,050,804 $312,120 $738,684
2019 $11,617 $1,030,200 $306,000 $724,200
2018 $11,753 $1,010,000 $300,000 $710,000
2017 $1,801 $114,015 $16,020 $97,995
2016 $1,738 $111,780 $15,706 $96,074
2015 $1,694 $110,101 $15,470 $94,631
2014 $1,258 $107,944 $15,167 $92,777
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17143838

California Regional Multiple Listing Service (CRMLS)
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