G
Seller's Agent in 2024
Grady Liu
MacroReal Inv Grp Inc.
(626) 236-8934
9 Total Sales
5
Beds
3
Baths
17,120
Sq Ft
0.76
Acres
About This Home
As of January 2024***Price Reduction***
We are pleased to present the rare opportunity to acquire a 16-unit multi-family investment in Fontana, California. The property is located at 16645 Valencia Ave in Fontana. This medium-sized multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, providing access to a growing number of retail and restaurant amenities. The property has great unit mix consisting of 8 two-bedroom/ one-bath units and 8 three-bedroom/two-bath units with large unit sizes of over 1,000 PSF.
Last Agent to Sell the Property
MacroReal Inv Grp Inc. License #01290494 Listed on: 06/12/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 0.76 Acre Lot
- Two or More Common Walls
Parking
- 16 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 17,120 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 6 / 1
- Assessor Parcel Number 0191241360000
- $6,875 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 16 Units
Building Details
- 1 Separate Water Meter
- Electric Expense $1,204
- Gardener Expense $3,000
- Insurance Expense $6,848
- Maintenance Expense $8,000
- Professional Management Expense $9,600
- Trash Expense $9,522
- Water Sewer Expense $14,554
- New Taxes Expense $55,675
- Operating Expense $108,403
- Gross Income $353,700
- Net Operating Income $234,893
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/03/2024 01/03/24 | Sold | $4,580,000 | -6.1% | $268 / Sq Ft |
| 07/21/2023 07/21/23 | Price Changed | $4,880,000 | -3.2% | $285 / Sq Ft |
| 06/12/2023 06/12/23 | For Sale | $5,040,000 | -- | $294 / 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 | $58,072 | $4,671,600 | $948,600 | $3,723,000 |
| 2024 | $37,958 | $3,067,676 | $920,302 | $2,147,374 |
| 2023 | $36,693 | $3,007,526 | $902,257 | $2,105,269 |
| 2022 | $36,361 | $2,948,555 | $884,566 | $2,063,989 |
| 2021 | $35,878 | $2,890,741 | $867,222 | $2,023,519 |
| 2020 | $35,640 | $2,861,100 | $858,330 | $2,002,770 |
| 2019 | $34,693 | $2,805,000 | $841,500 | $1,963,500 |
| 2018 | $10,528 | $551,131 | $68,892 | $482,239 |
| 2017 | $6,087 | $540,324 | $67,541 | $472,783 |
| 2016 | $5,985 | $529,730 | $66,217 | $463,513 |
| 2015 | $5,908 | $521,773 | $65,222 | $456,551 |
| 2014 | $5,913 | $511,552 | $63,944 | $447,608 |
Source: Public Records
Agents Affiliated with this Home
-
Grady Liu
-
Hao Ding
H
Seller Co-Listing Agent in 2024
Hao Ding
MacroReal Inv Grp Inc.
(626) 898-5868
9 Total Sales
-
YANNELLY PEREZ
Y
Buyer's Agent in 2024
YANNELLY PEREZ
EXP REALTY OF CALIFORNIA INC
(626) 512-7026
4 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR23104081
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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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