16534 Arrow Boulevard

Fontana, CA 92335

$8,300,000
Price
6
Beds
51
Baths
22,080 Sq. Ft.
$376 / Sq. Ft.
22,080
Sq. Ft.
$376
per Sq. Ft.

Description

New 2024 Construction! Perfect Property to Upgrade to or for your 1031 Exchange, Beautiful Townhouse style 17- unit multifamily property. Gated 3-bedroom 2.5-bath with its own 2-car garage. Modern interior design, 2 story with its own laundry room. 3 of the 17-unit have a full size backyard. Beautiful decorative rock through the property to give a high-quality appearance. Each unit has a Master-Bedroom-Balcony to enjoy the fresh air and relax. AC units, Kitchen Cabinets, Water-Heaters and Appliances...New 2024 Construction! Perfect Property to Upgrade to or for your 1031 Exchange, Beautiful Townhouse style 17- unit multifamily property. Gated 3-bedroom 2.5-bath with its own 2-car garage. Modern interior design, 2 story with its own laundry room. 3 of the 17-unit have a full size backyard. Beautiful decorative rock through the property to give a high-quality appearance. Each unit has a Master-Bedroom-Balcony to enjoy the fresh air and relax. AC units, Kitchen Cabinets, Water-Heaters and Appliances are all new. Roof, plumbing and electrical won’t need to be replaced for years to come. The property has RUBS for the Water to be billed to the tenants, and the general area’s light is off set by the solar panels. Season Investors will recognize the Value once they walk the property. These are accurate numbers of income and expenses, not based on Pro Forma, do to being 100% occupied and 10 months of expense operation.
  1. Listed by MANUEL MARQUEZ • DRE #01223058 • Brokerage DRE #01956409 • Golden California • 951-295-8787

Property Details for 16534 Arrow Boulevard

Architectural Style
Spanish
View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
17.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 12/17/2024 04:25 AM

Property Details for 16534 Arrow Boulevard

StatusActive
MLS #IV24250788
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
CountySan Bernardino County

Building Information for 16534 Arrow Boulevard

Building/Complex16534 Arrow BlvdFloor-Stories2Residences-Pet Policy-Year Built2024Building Size-

Property Information for 16534 Arrow Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Other
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $590,040
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $572,339
  • Net Operating Income: $395,538
Expense Details
  • Operating Expense: $176,900
  • New Taxes Expense: $103,750
  • Licenses Expense: $2,400
  • Electric Expense: $1,320
  • Insurance Expense: $16,100
  • Maintenance Expense: $6,000
  • Professional Management Expense: $18,000
  • Other Expense: $4,800
  • Other Expense Description: Repairs
  • Trash Expense: $5,375
  • Water Sewer Expense: $18,000
  • Supplies Expense: $1,155
  • Total Expenses: $176,900
Tax / Assessment Info
  • Tax Block: 26
  • Tax Tract Number: 0
  • Tax Census Tract: 28.03
  • CFD/Mello-Roos Fee: $1,746
  • Tax Lot: S8
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, High Efficiency Water Heater, Range Hood, Tankless Water Heater
  • Equipment: Dishwasher, Dryer, Dryer Included, Gas Dryer Hookup, On Upper Level, Washer, Washer Hookup, Washer Included
  • Interior Features: Balcony, Granite Counters
  • Room Type: All Bedrooms Up
  • Bedroom Features: All Bedrooms Up
  • Water Heater Features: Gas, Tankless
  • Water Heater Type: Gas, Tankless
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Upper Level, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • Security: Automatic Gate
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Tile
  • Entry Location: Front
  • Fence: Yes
  • Fence: Vinyl
  • Fencing: Block, Vinyl
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 17
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: 220 Volts
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Garage
Unit Information
Unit 1
  • Unit Type Units Total: 14
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,850
  • Unit Type Total Rent: $39,900
  • Unit Type Pro Forma: 42750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,090
  • Unit Type Total Rent: $9,270
  • Unit Type Pro Forma: 9270
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 17
  • Number Of Separate Water Meters: 19
  • Number With Dishwasher: 17
  • Number With Range: 17
  • Number With Disposal: 17

Property History for 16534 Arrow Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16534 Arrow Boulevard

Taxable ValueLand$1,030,200Additions$5,000,000Total$6,030,200
Tax Record2024$64,113 ($5,343 / month)
Home Facts
Total Finished SqFt1,035 SqFtAbove Grade Finished SqFt1,035 SqFtStories2Lot Size38,862 SqFtStyleMulti-Family Res (5+ Units)Year Built2023CountySAN BERNARDINOAPN0191-121-38-0000

Schools near 16534 Arrow Boulevard

This home is within Fontana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Oleander Elementary School
PublicK to 5

Fontana Middle School
Public6 to 8

Fontana High School
Public9 to 12

Dolores Huerta International Academy
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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16534 Arrow Boulevard is a multi-family home for sale in Fontana, CA 92335. This property was listed for sale on December 17, 2024 by Golden California, it's currently listed at $8,300,000. It has been on the market for a total of 4 days and was last sold on February 24, 2021. This listing's school district is Fontana Unified School District. Nearby schools include Oleander Elementary School, Fontana Middle School and Fontana High School. 16534 Arrow Boulevard is a 6-bed, 51-bath, 22,080 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Golden California, MANUEL MARQUEZ, DRE #01223058

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.