Fontana, CA 92336 8019 Alder Avenue
$1,200,000
1 more
Presented By: Parham Khoshbakhtian with Parham Khoshbakhtian, Broker; Parham.khoshbakhtian@marcusmillichap.com
Beds • 7
Full/Half Baths • 4 / 1
SQFT • 3,450
Garage • 2
Year Built • 2023
Home Details
Rare opportunity to purchase a cash flowing new construction duplex in the supply constrained market of Fontana. Desirable unit mix with one 4 bedroom 2.5 bath unit and one 3 bedroom 2 bath unit. Builder spared no expense and even included self owned solar for the property.
Presented By: Parham Khoshbakhtian with Parham Khoshbakhtian, Broker; Parham.khoshbakhtian@marcusmillichap.com
Interior Features for 8019 Alder Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup
Total Stories2
Other Rooms
Entry Level1
General for 8019 Alder Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.32
Carport Y/NNo
CityFontana
Community FeaturesSuburban
CountySan Bernardino
DirectionsFoothill & Alder
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income79080.0
HOANo
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet6205.0
Lot Size UnitsSquareFeet
MLS Area264 - Fontana
MobileHomeRemainsYNNo
Net Operating Income63880.0
New ConstructionNo
Number Of Units Total2
Operating Expense15200.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot423
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built2023
Year Built SourceOwner
Exterior for 8019 Alder Avenue
Building Area Total3450.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1424
Lot Size Area6205.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,200,000
MLS#OC24178902
List Date
08/28/2024
Property Type
Multi-Family
Phone
(310) 963-5595
