8529 Oleander Avenue

Fontana, CA 92335

$1,275,000
Price
7
Beds
7
Baths
2,650 Sq. Ft.
$481 / Sq. Ft.
2,650
Sq. Ft.
$481
per Sq. Ft.

Description

Cash buyers only, sold as is with tenants in place. Drive by only. Great opportunity for value add or increase to market rent. Drive by only do not disturb tenants. This fontana four-plex with rear attached un-permitted adu in back total of 5 units with 5 detached garages that can convert into more units if needed. No permits but new owner can do there own diligence with city to see the possibilities or just generate 5 incomes total all in one place. Two (2) bedrooms, three (1) bath, 1 bedroom. Shows...Cash buyers only, sold as is with tenants in place. Drive by only. Great opportunity for value add or increase to market rent. Drive by only do not disturb tenants. This fontana four-plex with rear attached un-permitted adu in back total of 5 units with 5 detached garages that can convert into more units if needed. No permits but new owner can do there own diligence with city to see the possibilities or just generate 5 incomes total all in one place. Two (2) bedrooms, three (1) bath, 1 bedroom. Shows pride of ownership. Property is sewer connected, plenty of parking and storage for tenants. Please text for details on this great property. Contact agent ONLY VIA TEXT directly!
  1. Listed by Bobby Rai • DRE #01929036 • Brokerage DRE #00906848 • Omni Realty and Investments • 909-437-4587

Property Details for 8529 Oleander Avenue

Parking Spaces Total
15
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2650
Assessor Parcel Number
0191-191-13-0000
Property Attached YN
true

Location

Listing Courtesy of Omni Realty and Investments, Bobby Rai, DRE #01929036
Add your commute
LISTING UPDATED: 03/21/2024 07:29 AM

Property Details for 8529 Oleander Avenue

StatusActive
MLS #OC23163541
Days on Market240
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.82 AC / 35,608 SF
CountySan Bernardino County

Location

Listing Courtesy of Omni Realty and Investments, Bobby Rai, DRE #01929036
Add your commute

Building Information for 8529 Oleander Avenue

Stories2Residences-Year Built1935Building Size-Lot Size0.82 AC / 35,608 SF

Payment Calculator

$7,735 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$777

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8529 Oleander Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $56,452
  • Gross Scheduled Income: $73,207
  • Net Operating Income: $56,452
Expense Details
  • Operating Expense: $15,000
  • Fuel Expense: $0
  • Electric Expense: $4,800
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $1,600
  • Water Sewer Expense: $2,480
  • Total Expenses: $4,080
Tax / Assessment Info
  • Tax Tract Number: 28.04
  • Tax Census Tract: 28.04
  • CFD/Mello-Roos Fee: $1,737
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Park Nearby
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,310
  • Unit Type Total Rent: $1,310
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,330
  • Unit Type Total Rent: $1,330
  • Unit Type Pro Forma: 1675
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,330
  • Unit Type Total Rent: $1,330
  • Unit Type Pro Forma: 1575
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 8529 Oleander Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8529 Oleander Avenue

Taxable ValueLand$178,500Additions$586,500Total$765,000
Tax Record2023$9,320 ($777 / month)
Home Facts
Total Finished SqFt2,650 SqFtAbove Grade Finished SqFt2,650 SqFtStories2Lot Size35,608 SqFtStyleQuadraplexYear Built1935CountySAN BERNARDINOAPN0191-191-13-0000

Schools near 8529 Oleander Avenue

This home is within Fontana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Oleander Elementary School
PublicK to 5

Fontana Middle School
Public6 to 8

Fontana High School
Public9 to 12

Dolores Huerta International Academy
PublicK to 6

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.

Similar Homes

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Similar Sold Homes

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8529 Oleander Avenue is a multi-family home for sale in Fontana, CA 92335. This property was listed for sale on August 31, 2023 by Omni Realty and Investments, it's currently listed at $1,275,000. It has been on the market for a total of 240 days and was last sold on October 8, 2021. This listing's school district is Fontana Unified School District. Nearby schools include Oleander Elementary School, Fontana Middle School and Fontana High School. 8529 Oleander Avenue is a 7-bed, 7-bath, 2,650 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Omni Realty and Investments, Bobby Rai, DRE #01929036

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.