Description
This tenant-occupied multi-unit property offers the opportunity to transform the existing units into a strong income-producing asset. Each unit has its own living space and is currently occupied, providing immediate rental income while allowing a future owner to renovate and improve the property over time. The property is a fixer-upper and will require work, but buyers with a vision can see the potential to update the interiors, modernize the finishes, improve the overall appearance, and create a more desirable rental property. Think of this as a blank canvas for an investor looking to renovate, add value, and maximize the property's long-term potential. The current tenants have been in place for an extended period and are considered good, established tenants. Buyers may have the option to acquire the property with tenants in place, subject to the terms of the sale. Bring your contractor, evaluate the property, and envision the possibilities. Property is being sold in its present condition. Buyer to conduct their own independent inspections and due diligence regarding condition, permits, zoning, rental income, and potential improvements.
Details
| MLS # | CV26178513 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 10 |
| Listing Provided By | EXP REALTY OF CALIFORNIA INC | Erika Amis |
Features
| SQ Feet | 1,186 |
|---|---|
| Garage | 2 |
| Pool | Yes |
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 3 |
| Acreage | 0.43 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, All Bedrooms Down |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | No Landscaping |
|---|
Parking
| Parking Features | No Driveway |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | Fontana |
| Zip Code | 92335 |
| Area | 264 Fontana |
| Listing VS Median (in 92335) | |
Price: $950,000 low | high Med: $1,450,000 sqft: 1,186 low | high Med: 3,233 $ / sqft: $801 low | high Med: $530 On site: 10 low | high Med: 253.5 | |
Market Activity 92335
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | Fontana |
| Zip Code | 92335 |
| Area | 264 Fontana |
| Listing VS Median (in 92335) | |
Price: $950,000 low | high Med: $1,450,000 sqft: 1,186 low | high Med: 3,233 $ / sqft: $801 low | high Med: $530 On site: 10 low | high Med: 253.5 | |