Sold
Last Sold Price
2 beds9 baths6,990 sqft$186/sqft
15082 Arrow Rte, Fontana, CA 92335
Multi FamilyProperty Type
0.41 acresLot Size
1989Year Built
$186/sq ftPrice per sq ft
3 carsParking Spaces

Description

We are pleased to offer for sale this 9 unit multi-family investment property located in the highly desirable rental community of the city of Fontana. The property is comprised of all 2Bed/1Bath units built in 1989. All units are separately metered for electricity and gas, while the owner pays for water and trash. Tenants enjoy central A/C and heat and onsite open space parking. The property has been well maintained by the current owner and offers a new investor significant upside in rental income.We are pleased to offer for sale this 9 unit multi-family investment property located in the highly desirable rental community of the city of Fontana. The property is comprised of all 2Bed/1Bath units built in 1989. All units are separately metered for electricity and gas, while the owner pays for water and trash. Tenants enjoy central A/C and heat and onsite open space parking. The property has been well maintained by the current owner and offers a new investor significant upside in rental income.
  • Listed by: KRISTOPHER GERMAN DRE #01800021 • RE/MAX 2000
Listing closed: 03/02/2018 12:00 AM • Source: CRMLS, MLS#: CV17271616

Recent comparable sales

Median sold price

$510,000

Avg days on market

41

Sale-to-list ratio

97.4%

Fontana, CA

9 comparable properties found

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Location

Listing Courtesy of RE/MAX 2000, KRISTOPHER GERMAN, DRE #01800021

Sold By RE/MAX 2000, KRISTOPHER GERMAN, DRE #01800021

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Property Information for 15082 Arrow Route

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 3
  • Private Pool: No
  • Total Units: 9.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 6990
  • Assessor Parcel Number: 0230-082-18-0000
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 6990
  • Building Area Units: Square Feet
  • Pool: No
  • Zoning: RM
  • Senior Community: No
  • Parcel Number: 0230082180000
  • Area: Fontana (264)
  • Directions: East of Cherry Ave, South of Foothill Blvd
Building Information
  • Year Built: 1989
  • Lot Size: 0.41 AC / 18,000 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $99,600
  • Gross Scheduled Income: $99,600
  • Vacancy Allowance: 2988
  • Net Operating Income: $63,048
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $33,564
  • New Taxes Expense: $15,198
  • Fuel Expense: $0
  • Electric Expense: $540
  • Insurance Expense: $2,796
  • Maintenance Expense: $4,831
  • Professional Management Expense: $0
  • Other Expense: $3,599
  • Other Expense Description: Other
  • Trash Expense: $2,400
  • Water Sewer Expense: $4,200
  • Total Expenses: $33,564
Tax / Assessment Info
  • Tax Tract Number: 0230
  • Tax Census Tract: 24.01
  • Tax Lot: 082
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 9
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Meter on Property
  • Sewer: Conventional Septic
  • Sewer/Septic: Septic Installed
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 9
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $8,300
  • Unit Type Total Rent: $8,300
  • Unit Type Pro Forma: 10755
  • Unit Type Type: 1
Unit 2
  • Unit Type Type: 2
Unit 3
  • Unit Type Type: 3
Unit 4
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1

Property History for 15082 Arrow Route

DateEvent & SourcePriceAppreciation
Mar 2, 2018

Sold

CLAW #CV17271616MR

$1,300,000
Mar 2, 2018

Sold

CRMLS #CV17271616

$1,300,000
Mar 2, 2018

Sold

SDMLS #CV17271616

$1,300,000
DateEvent & SourcePrice
03/02/2018

Sold

CLAW #CV17271616MR

$1,300,000
03/02/2018

Sold

CRMLS #CV17271616

$1,300,000
03/02/2018

Sold

SDMLS #CV17271616

$1,300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15082 Arrow Route

Taxable ValueLand$522,264Additions$986,498Total$1,508,762
Tax Record2025$16,503 ($1,375 / month)
Home Facts
Baths1Total Finished SqFt6,990 SqFtAbove Grade Finished SqFt6,990 SqFtLot Size13,191 SqFtStyleMulti-Family Res (5+ Units)Year Built1989Year Renovated1989ZoningRMCountySAN BERNARDINOAPN0230-082-18-0000

Schools near 15082 Arrow Route

This home is within Fontana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Redwood Elementary School
PublicK to 6

Almeria Middle School
Public6 to 8

Summit High School
Public9 to 12

Citrus High (Continuation) School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 15082 Arrow Route, Fontana, CA 92335
$1,300,000
2
9
6,990
18,000
$140,000
3
1
936
3
2,987
16,332
$100,000
2
1
1,044
17,000
$585,000
4
1,690
9,729
2
1
1,096
11,880

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 2000, KRISTOPHER GERMAN, DRE #01800021

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.