NOT LISTED FOR SALE

8679 Bennett Ave Fontana, CA 92335

Estimated Value: $739,517 - $900,000

4 Beds
3 Baths
1,800 Sq Ft
$441/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $650,000 $361 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,952/month

102 Days on Market

Highlights

  • Traditional Architecture
  • 1-minute walk to Fontana
  • Evaporated cooling system
  • Corner Lot
  • No HOA
  • Ceiling Fan

About This Home

As of December 2021

Great location, Perfect investment property. Easy to rent Corner lot within walking distance to MetroLink, OmniTrans Buses, Shopping, banks, schools, etc! Dual pane windows. This well maintained triplex in the center of Fontana consists of one 2 bed/1bath and two 1bed/1bath with parking in back. Rents need to be raised, seller was undercharging due to pandemic. Rents can be raised about $200-250 more each unit. SELLER WILL LOOK AT ALL OFFERS!! Sold "As Is".

Last Agent to Sell the Property

Kimberly Aispuro

First Team Real Estate License #01967432 Listed on: 06/15/2021

First Team Real Estate

Last Buyer's Agent

Dario Rodriguez

REALTY MASTERS & ASSOCIATES License #01930006

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 9,000 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / 47
  • Tax Tract Number 2699
  • Assessor Parcel Number 0191283010000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $50
  • Insurance Expense $80
  • Trash Expense $93
  • Water Sewer Expense $186
  • Operating Expense $4,908
  • Net Operating Income $29,292

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 186.00
  • Architectural Style: Traditional
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 0191283010000
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 361.11

Exterior Features

  • Pool Private: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Heating Type: Floor Furnace
  • Sewer: Unknown
  • Trash Expense: 93.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 80.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 29292.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4908.00
  • Rent Control: No
  • Total Actual Rent: 2850.00
  • Total Expenses: 4908.00

Tax Info

  • Tax Block: 47
  • Tax Census Tract: 30.00
  • Tax Lot: 8
  • Tax Tract Number: 2699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Olazabal Rosalva and Rosalva Olazabal Living Trust
Bought by
Hamdalla Lisa M
Current Estimated Value
$794,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,408
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2019
Sold by
Olazabal Rosalva
Bought by
Olazabal Rosalva and Rosalva Olazabal Living Trust

Purchase Details

Closed on
Nov 15, 2013
Sold by
Neal Stephen Wayne O
Bought by
Olazabal Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2012
Sold by
Kay O Neal Stephen Wayne
Bought by
Neal Stephen Wayne O

Purchase Details

Closed on
Jul 15, 2008
Sold by
Oneal Stephen Wayne
Bought by
Oneal Stephen Wayne and Oneal Diane Kay

Purchase Details

Closed on
Feb 27, 2007
Sold by
Oneal Stephen Wayne
Bought by
Oneal Stephen Wayne and Oneal Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hamdalla Lisa M $650,000 Pacific Coast Title Company
Olazabal Rosalva -- None Available
Olazabal Rosalva $305,000 Ticor Title Company
Neal Stephen Wayne O -- Ticor Title Company
Oneal Stephen Wayne -- None Available
Oneal Stephen Wayne -- None Available
Oneal Stephen Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamdalla Lisa M $628,408
Previous Owner Olazabal Rosalva $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2021 12/17/21 Sold $650,000 -1.5% $361 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $659,999 +116.4% $367 / Sq Ft
01/30/2014 01/30/14 Sold $305,000 -15.0% $169 / Sq Ft View Prior Sale
11/07/2013 11/07/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $359,000 -- $199 / 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 $8,827 $689,785 $191,017 $498,768
2024 $8,195 $676,260 $187,272 $488,988
2023 $7,930 $663,000 $183,600 $479,400
2022 $7,863 $650,000 $180,000 $470,000
2021 $4,628 $345,415 $81,540 $263,875
2020 $4,634 $341,873 $80,704 $261,169
2019 $4,475 $335,170 $79,122 $256,048
2018 $4,480 $328,598 $77,571 $251,027
2017 $4,394 $322,155 $76,050 $246,105
2016 $4,270 $315,838 $74,559 $241,279
2015 $4,183 $311,094 $73,439 $237,655
2014 $2,134 $107,678 $23,360 $84,318
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21119340

California Regional Multiple Listing Service (CRMLS)

APN: 0191-283-01