NOT LISTED FOR SALE

8344 Bennett Ave Fontana, CA 92335

5 Beds
2 Baths
6,310 Sq Ft
0.41 Acres

Last Sold September 23, 2021

Last sale price $1,475,000 $234 Per Sq Ft

14 Days on Market

Highlights

  • 0.41 Acre Lot
  • Laundry Room
  • 3 Car Garage
  • Lawn
  • Landscaped
  • 3-minute walk to Seville Park & Amphitheater

About This Home

As of September 2021

5 individual home casitas and duplex in the back on large lot (7 units total). 6 units with 2 bed 1 bath each collecting $1250/mo (all month to month)
1 unit with 3 bed 1 bath collecting. $1350/mo Market rents $1,700+/mo. 3 Parking spaces in the back and 3 garages
Storage area as well. 5.42% cap rate. Well maintained units, low on rents, and great upside opportunity

Last Agent to Sell the Property

Thomas Kadar

Keller Williams Legacy License #01912823 Listed on: 08/16/2021

Keller Williams Legacy

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 0.41 Acre Lot
  • 1 Common Wall
  • Landscaped
  • Lawn
  • Garden
  • Density is 6-10 Units/Acre
  • Land Lease

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 6,310 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 16 / 5
  • Tax Tract Number 2266
  • Assessor Parcel Number 0191151240000
  • $2,485 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $200
  • Trash Expense $340
  • Water Sewer Expense $350
  • Operating Expense $890
  • Gross Income $95,520
  • Net Operating Income $95,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 210714
  • Property Attached: Yes
  • Water Sewer Expenses: 350.00
  • Property Type: Residential Income
  • Gardener Expense: 200.00
  • Parcel Number: 0191151240000
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 233.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Sewer: Sewer Paid
  • Trash Expense: 340.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 6-10 Units/Acre, Garden, Landscaped, Lawn
  • Lot Size Sq Ft: 18000.00
  • Lot Size Acres: 0.4132

Multi Family

  • Gross Income: 95520.00
  • Gross Scheduled Income: 106200.00
  • Lot Size Area: 18000.0000 Square Feet
  • Net Operating Income: 95520.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 10680.00
  • Rent Control: No
  • Total Expenses: 890.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 30.00
  • Tax Lot: 16
  • Tax Tract Number: 2266
  • TaxOtherAnnualAssessmentAmount: 2485.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $1,475,000 0.0% $234 / Sq Ft
08/16/2021 08/16/21 For Sale $1,475,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Kadar

    Seller's Agent in 2021

    Thomas Kadar

    Keller Williams Legacy

    (949) 933-0488

    1 in this area

    42 Total Sales

    Thomas Kadar
    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    22 in this area

    5,851 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21180858

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County Fontana 92335

8344 Bennett Ave, Fontana, CA

This home is located at 8344 Bennett Ave, Fontana, CA 92335 since 16 August 2021. This property was built in 1929. 8344 Bennett Ave is a home located in San Bernardino County with nearby schools including Oleander Elementary School, Fontana Middle School, and Fontana High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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