Fontana, CA 92335,16665 Valencia AVE
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Fontana, CA 92335,16665 Valencia AVE
Fontana, CA 92335,16665 Valencia AVE
Fontana, CA 92335,16665 Valencia AVE
Fontana, CA 92335,16665 Valencia AVE

$2,820,000

Est. payment /mo

$3,500,000

19.4%
Est.Price: ?

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16665 Valencia AVE Fontana, CA 92335

0.61 Acres Lot

SOLD DATE : 08/30/2024

Key Details

Sold Price $2,820,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV24113115

Sold Date 08/30/24

HOA Y/N No

Year Built 1978

Lot Size 0.606 Acres

Property Description

SELLER FINANCING AVAILABLE - This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually.
Constructed in 1978, the apartment complex is located on a rectangular 0.61-acre parcel (26,400 square feet) and has a building area of 11,628 square feet. The property consists of fourteen two-bedroom/one-bathroom floor plans (approximately 830 square feet per unit) and features fourteen carport parking spaces, ample open parking spaces with a long driveway, an on-site laundry facility, and open space in the back for possible ADUs or other future developments. Each unit offers wall-unit air conditioning and is individually metered for gas and electricity.
The properties are conveniently located just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple dining and shopping options, including Cardenas Markets, Walgreens, Superior Grocers, El Super, Stater Bros. Markets, and Smart & Final within two-mile radius of the properties. Additionally, majority of the properties are within walkable distance to the Downtown Fontana Core Districts that are bound by Foothill Blvd on the north, Randall Avenue on the south, Juniper Avenue on the west, and Mango Avenue on the east. Downtown Fontana is envisioned as a vibrant, active, family-friendly hub for shopping, dining, and socializing.

Location

State CA

County San Bernardino

Area 264 - Fontana

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 14

Pool None

Community Features Sidewalks

Total Parking Spaces 20

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 0191241010000

Energy Description 4722.0

Acceptable Financing Cash, Cash to New Loan, Owner Will Carry

Listing Terms Cash, Cash to New Loan, Owner Will Carry

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Douglas McCauley • MARCUS & MILLICHAP
Bought with Douglas McCauley • MARCUS & MILLICHAP

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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