9325 Alder Avenue

Fontana, CA 92335

PRICE REDUCED

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-$55,000 (-4.40%)

$1,195,000

List Price

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1958

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Property Description

INVESTMENT OPPORTUNITY !!!! 5 single story casita-style units first time on the market in over 20 years. All units are 2-bedroom, 1 full bathroom and have tile flooring, covered patios with wooden fence in the back and 2 parking spaces right in front of each unit. Four out of five tenants have lived there for 20 years! Never a problem with rent collection and wonderful families. All the units have copper piping, individual water heaters and separate shut off valve for each unit and laundry hook-up inside each unit. Kitchen cabinets and bathrooms were remodeled a few years ago and the building has very low fixed maintenance costs that result in higher ROI. The units have great exposure from the main street for future signage visibility and are centrally located in a high demand rental area. Sold as-is. PLEASE DO NOT DISTURB THE TENANTS.

Listing Information

List Price $1,195,000
Status Active
MLS CV24208540
Type Residential Income
Subtype Apartment
Year Built 1958
Lot Size 7,200
Structure Size N/A
DOM 10
Courtesy Of DYNASTY REAL ESTATE
Listing Agent Lizette Rodriguez DRE#01234771

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Maps

Listing information courtesy of: Lizette Rodriguez, DYNASTY REAL ESTATE . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 18th, 2024 at 9:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.