$732,500
$750,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
9167 Pepper AVE Fontana, CA 92335
Key Details
Sold Price $732,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV18191673
Sold Date 08/28/18
HOA Y/N No
Year Built 1948
Property Description
We are pleased to exclusively offer for sale this 5 unit investment property located in the city of Fontana. The subject property consists of 5 single story units situated on a HUGE 37,800 sqft lot. The unit mix is comprised of a detached 2bed/1bath cottage, two 2bed/1bath units, and two 1bed/1bath units. Tenants enjoy garage and open space parking. All units are separately metered for electricity and gas while the owner pays for water and trash. With a potential 7.6% market cash-on-cash return, a new investor can take advantage of revitalizing the rental units while significantly increasing the existing rental rates to market level.
Location
State CA
County San Bernardino
Area 264 - Fontana
Zoning R-SF
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 0193121320000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000
GUIDE SoCal
Broker | License ID: DRE#01976964