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15515 Randall Avenue

Fontana, CA 92335
  • $2,200,000
  • STATUS: ACTIVE
  • ON SITE: 15 Days
  • ID#: RS22091928
UPDATED: 64 min ago
$2,200,000
  • 8
    BEDS
  • 0.73
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

12 units centrally located in Fontana great investment opportunity. Great mix of units, Consists of (5) one bedroom one bath units, (5) Two bedroom one bath units and (2) Three bedroom two bath SFR units. Extra large 31,000 + square foot lot has a great upside potential for redevelopment or adding ADU's to increase your revenue. Rents are good but you still have a great upside in rents that be increased. 7.1% Market Cap Rate and 9.41 GRM makes this unique property an incredible investment for the right Investor. 12 units centrally located in Fontana great investment opportunity. Great mix of units, Consists of (5) one bedroom one bath units, (5) Two bedroom one bath units and (2) Three bedroom two bath SFR units. Extra large 31,000 + square foot lot has a great upside potential for redevelopment or adding ADU's to increase your revenue. Rents are good but you still have a great upside in rents that be increased. 7.1% Market Cap Rate and 9.41 GRM makes this unique property an incredible investment for the right Investor.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/128322647
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15515 Randall Avenue Fontana, CA 92335

  • Price: $2,200,000
  • Status: ACTIVE
  • On Site: 15 Days
  • Updated: 64 min ago
  • ID#: RS22091928
8
Beds
0
Baths
0
½ Baths
0.73
Acres
Neighborhood:
Fontana (92335)
County:
San Bernardino
Area:
Fontana (92335)
Property Description
12 units centrally located in Fontana great investment opportunity. Great mix of units, Consists of (5) one bedroom one bath units, (5) Two bedroom one bath units and (2) Three bedroom two bath SFR units. Extra large 31,000 + square foot lot has a great upside potential for redevelopment or adding ADU's to increase your revenue. Rents are good but you still have a great upside in rents that be increased. 7.1% Market Cap Rate and 9.41 GRM makes this unique property an incredible investment for the right Investor. 12 units centrally located in Fontana great investment opportunity. Great mix of units, Consists of (5) one bedroom one bath units, (5) Two bedroom one bath units and (2) Three bedroom two bath SFR units. Extra large 31,000 + square foot lot has a great upside potential for redevelopment or adding ADU's to increase your revenue. Rents are good but you still have a great upside in rents that be increased. 7.1% Market Cap Rate and 9.41 GRM makes this unique property an incredible investment for the right Investor.
Exterior Features

Pool N/K

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 2

Property Features

Actual Cap Rate 4.83 Annual Expense Actual 65218 Buildings 6 Cfd Mello Roos Fee 15327.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 12.82 Gross Scheduled Income Actual 171480 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1080.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 1410.0 Unit4 Rent Actual 1625.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Exp Realty. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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