$2,820,000
$3,500,000
19.4%For more information regarding the value of a property, please contact us for a free consultation.
16665 Valencia AVE Fontana, CA 92335
0.61 Acres Lot
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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Bought with Douglas McCauley • MARCUS & MILLICHAP
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442