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

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

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

None MRML

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

  • 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
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Property History

Date Event Price List to Sale Price per Sq Ft
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

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 -- -- -- --
2024 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $6,359 $394,056 $118,218 $275,838
2020 $6,385 $390,016 $117,006 $273,010
2019 $6,149 $382,369 $114,712 $267,657
2018 $6,094 $374,872 $112,463 $262,409
2017 $5,917 $367,522 $110,258 $257,264
2016 $5,701 $360,316 $108,096 $252,220
2015 $5,553 $354,903 $106,472 $248,431
2014 $5,490 $347,951 $104,386 $243,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21180858

California Regional Multiple Listing Service (CRMLS)