NOT LISTED FOR SALE

9137 Juniper Ave Fontana, CA 92335

7 Beds
3 Baths
8,842 Sq Ft
0.73 Acres

Last Sold October 01, 2024

Last sale price $2,105,000 $238 Per Sq Ft

76 Days on Market

About This Home

As of October 2024

This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually.
Constructed in 1975, the apartment complex sits on a 0.73-acre parcel (32,000 square feet) and consists of three single-story buildings with a total building area of 8,842 square feet. The two-bedroom/one-bathroom single family residence in the front features a single-car garage, a fenced front yard, and a front porch. The back buildings offer seven two-bedroom/one-bathroom floor plans and two three-bedroom/one-bathroom floor plans. Each unit features a single-car garage, a wall-unit air conditioning, and a private back yard. All units share the on-site laundry room and are individually metered for gas and electricity. The properties are conveniently located just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple dining and shopping options, including Cardenas Markets, Walgreens, Superior Grocers, El Super, Stater Bros. Markets, and Smart & Final within two-mile radius of the properties. For higher education, the Chaffey College Fontana Campus is within a five-minute drive from the subject properties. This public community college is served by a 50,000-square-foot campus offering general education courses, associate degrees for transfer, and courses that support the advancement of career. Additionally, majority of the properties are within walkable distance to the Downtown Fontana Core Districts that are bound by Foothill Blvd on the north, Randall Avenue on the south, Juniper Avenue on the west, and Mango Avenue on the east. Downtown Fontana is envisioned as a vibrant, active, family-friendly hub for shopping, dining, and socializing.

Last Agent to Sell the Property

Douglas McCauley

MARCUS & MILLICHAP Listed on: 06/04/2024

Co-Listed By

David Covarrubias

MARCUS & MILLICHAP

Last Buyer's Agent

Douglas McCauley

MARCUS & MILLICHAP Listed on: 06/04/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.73 Acre Lot
  • Two or More Common Walls

Parking

  • 4 Open Parking Spaces
  • 10 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 8,842 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 0193141610000

Community Details

Overview

  • 3 Buildings
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,873
  • Fuel Expense $2,873
  • Gardener Expense $2,400
  • Insurance Expense $5,000
  • Maintenance Expense $6,867
  • Supplies Expense $3,923
  • Trash Expense $2,873
  • Water Sewer Expense $2,873
  • New Taxes Expense $26,747
  • Operating Expense $56,432
  • Gross Income $137,180
  • Net Operating Income $80,748

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Parking

10

Listing Details

  • Property Attached: Yes
  • Supplies Expense: 3923.00
  • Water Sewer Expenses: 2873.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 0193141610000
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 238.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2873.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 32000.00
  • Lot Size Acres: 0.7346

Multi Family

  • Electric Expense: 2873.00
  • Fuel Expense: 2873.00
  • Gross Income: 137180.00
  • Gross Operating Income: 137180.00
  • Gross Scheduled Income: 137340.00
  • Insurance Expense: 5000.00
  • Laundry Income: 3960.00
  • Lot Size Area: 32000.0000 Square Feet
  • Maintenance Expense: 6867.00
  • Net Operating Income: 80748.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 56432.00
  • Operating Expense Percent: 41.10
  • Rent Control: No
  • Total Expenses: 56432.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 26747.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $2,105,000 -17.5% $238 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $2,550,000 -- $288 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24113214

California Regional Multiple Listing Service (CRMLS)