DRIVE BY ONLY. DO NOT DISTURB TENANTS. We are pleased to exclusively present a twelve-unit, single story multifamily investment property located in the City of Fontana, California. This offering presents qualified investors the opportunity to acquire a value-add asset in one of the most desirable rental markets in the Inland Empire. The subject property consists of expansive, two- and three- bedroom units ranging in size from 825 – 1,100 square feet of living space with improvements under current ownership that include: tile flooring, dual pane windows, kitchens, asphalt/slurry, and A/C. Units are individually metered for gas & electricity with individual water heaters and presents tenants with an on-site laundry room (machines leased). Located off Foothill Boulevard, the offering benefits from its convenient access to retail, entertainment, schools, medical offices, parks & freeways-- all within reach. Furthermore, proximity to Interstates 10, 15, and 210 freeways grants tenants access to surrounding employment hubs throughout the Inland Empire-- as well as Los Angeles & Orange County regions. The strong demand for rentals in the area is evidenced by its historical 100% occupancy as it caters to families & working professionals alike. With significant upside potential and growing demand for this submarket, the offering presents the astute investor the opportunity to acquire an appreciating, cash flowing asset with additional upside through proactive management to capture 51.98% upside in rents achievable at the property.
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 5th June, 2023 3:34 AM (UTC)