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16025 Valencia Court

Fontana, CA 92335
  • $750,000
  • STATUS: Closed
  • ON SITE: 58 Days
  • ID#: TR24034078
Sold - 04/08/2024
$750,000
SOLD - 04/08/2024
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1981
County:

School Ratings & Info

Listing Agent(s): Wendy Tsau of Wendy Tsau, Broker (626-643-4276)


Description

A very well maintained triplex centrally located in Fontana. All units are 2BR 1BA with its own laundry hoop up, single car garage and central AC. Extra parking spaces are available in back yard. Seller had replaced roof, AC, windows, and appliances in the last few years. Brand new epoxy coating on balcony floor. Long term tenants on monthly leases with major upside on rent. Separate meter for gas and electric. Potential to convert garage into ADU. Please verify with city. Close to freeways, supermarkets, schools and hospital. Drive by only. Do not disturb tenants.

Sold by Wendy Tsau of Wendy Tsau, Broker.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
www.reiferhomes.com/homes/147716318
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16025 Valencia Court Fontana, CA 92335

  • Price: $799,888
  • Status: Closed
  • On Site: 58 Days
  • ID#: TR24034078
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1981
Built
Neighborhood:
264 - Fontana
County:
San Bernardino
Area:
264 - Fontana
Property Description
A very well maintained triplex centrally located in Fontana. All units are 2BR 1BA with its own laundry hoop up, single car garage and central AC. Extra parking spaces are available in back yard. Seller had replaced roof, AC, windows, and appliances in the last few years. Brand new epoxy coating on balcony floor. Long term tenants on monthly leases with major upside on rent. Separate meter for gas and electric. Potential to convert garage into ADU. Please verify with city. Close to freeways, supermarkets, schools and hospital. Drive by only. Do not disturb tenants.
Exterior Features

Carport Spaces 3 Carport YN Yes Entry Level 1 Entry Location front Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features None Spa YN No

Interior Features

Appliances DisposalGas OvenGas RangeWater Heater Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Flooring Tile Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Current Financing Conventional Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 45000 Gross Scheduled Income 45000 Insurance Expense 901 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 2673 Net Operating Income 27919 New Construction YN No New Taxes Expense 7939 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 16631 Other Expense 1200 Pest Control Expense 0 Pool Expense 0 Possession Close Plus 3 Days Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays All UtilitiesElectricityGas Total Actual Rent 3750 Trash Expense 1789 Utilities Cable ConnectedSewer ConnectedWater Connected Vacancy Allowance 450 Water Sewer Expense 1049 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-04T00:30:31.55. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Licensed in the State of California, USA.
 
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COMPASS
6930 Indiana Ave, Suite 1
Riverside CA, 92506
Listing Agent(s): Wendy Tsau of Wendy Tsau, Broker (626-643-4276)