Fontana, CA 92335 8969 Newport Avenue
$8,500,000
4 more
Presented By: Ken Ishiki with Lyon Stahl Investment Real Estate; 562-755-5010
- MLS# OC24247026
- 12/09/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 45
Baths • 5
SQFT • 31,000
Home Details
New construction. These 24 spacious units sit close to the downtown Fontana. Each unit has its own washer and dryer hook ups. Each unit has their own private, gated patio or balcony. Each unit has their own efficient tankless water heaters. Each unit is finished with stainless steel appliances in the kitchen, quartz countertops, tiled floors, central air conditioning and heating and ceiling fans. Each tenant has assigned parking. The property is within walking distance of Chaffey College and Veteran's park.
Presented By: Ken Ishiki with Lyon Stahl Investment Real Estate; 562-755-5010
Interior Features for 8969 Newport Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Total Stories3
Other Rooms
Entry Level1
General for 8969 Newport Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityFontana
Community FeaturesStreetLights
CoolingCentralAir
CountySan Bernardino
DirectionsEast on Merrill Ave. and south on Newport Ave.
Electric Expense2400.0
Electric On Property Y/NNo
Entry Locationground
Garage Spaces0.0
Garage Y/NNo
Gross Income662400.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense21165.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashToNewLoan
Lot Size Square Feet31900.0
Lot Size UnitsSquareFeet
MLS Area264 - Fontana
MobileHomeRemainsYNNo
Net Operating Income421616.0
New ConstructionYes
Number Of Units Total24
Operating Expense220912.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot17
Tenant PaysElectricity, Gas
Trash Expense6000.0
Water Sewer Expense10800.0
Waterfront Y/NNo
Year Built2024
Year Built SourceBuilder
ZoningR3
Exterior for 8969 Newport Avenue
Building Area Total31000.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.7323
Lot Size Area31900.0
Lot Size SourceOwner
Number of Buildings1
Number of Separate Electric Meters25
Number of Separate Gas Meters24
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate