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$1,195,000
Est. payment /mo
8 BD
4 BA
7,200 Sqft Lot
Active
9325 Alder Avenue Fontana, CA 92335
UPDATED:
10/19/2024 12:16 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24208540
Bedrooms 8
HOA Y/N No
Lot Size 7,200 Sqft
Property Description
INVESTMENT OPPORTUNITY !!!! 5 single story casita-style units first time on the market in over 20 years. All units are 2-bedroom, 1 full bathroom and have tile flooring, covered patios with wooden fence in the back and 2 parking spaces right in front of each unit. Four out of five tenants have lived there for 20 years! Never a problem with rent collection and wonderful families. All the units have copper piping, individual water heaters and separate shut off valve for each unit and laundry hook-up inside each unit. Kitchen cabinets and bathrooms were remodeled a few years ago and the building has very low fixed maintenance costs that result in higher ROI. The units have great exposure from the main street for future signage visibility and are centrally located in a high demand rental area. Sold as-is. PLEASE DO NOT DISTURB THE TENANTS.
INVESTMENT OPPORTUNITY !!!! 5 single story casita-style units first time on the market in over 20 years. All units are 2-bedroom, 1 full bathroom and have tile flooring, covered patios with wooden fence in the back and 2 parking spaces right in front of each unit. Four out of five tenants have lived there for 20 years! Never a problem with rent collection and wonderful families. All the units have copper piping, individual water heaters and separate shut off valve for each unit and laundry hook-up inside each unit. Kitchen cabinets and bathrooms were remodeled a few years ago and the building has very low fixed maintenance costs that result in higher ROI. The units have great exposure from the main street for future signage visibility and are centrally located in a high demand rental area. Sold as-is. PLEASE DO NOT DISTURB THE TENANTS.
INVESTMENT OPPORTUNITY !!!! 5 single story casita-style units first time on the market in over 20 years. All units are 2-bedroom, 1 full bathroom and have tile flooring, covered patios with wooden fence in the back and 2 parking spaces right in front of each unit. Four out of five tenants have lived there for 20 years! Never a problem with rent collection and wonderful families. All the units have copper piping, individual water heaters and separate shut off valve for each unit and laundry hook-up inside each unit. Kitchen cabinets and bathrooms were remodeled a few years ago and the building has very low fixed maintenance costs that result in higher ROI. The units have great exposure from the main street for future signage visibility and are centrally located in a high demand rental area. Sold as-is. PLEASE DO NOT DISTURB THE TENANTS.
Location
State CA
County San Bernardino
Area Fontana (92335)
Zoning Public Rec
Building
Lot Description Curbs
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $238
Acceptable Financing Cash, Conventional
Space Rent $1,295
Listing Terms Cash, Conventional
Listed by Lizette Rodriguez • DYNASTY REAL ESTATE