8019 Alder Avenue

Fontana, CA 92336

$1,200,000
Price
7
Beds
5
Baths
3,450 Sq. Ft.
$348 / Sq. Ft.
3,450
Sq. Ft.
$348
per Sq. Ft.

Description

Rare opportunity to purchase a cash flowing new construction duplex in the supply constrained market of Fontana. Desirable unit mix with one 4 bedroom 2.5 bath unit and one 3 bedroom 2 bath unit. Builder spared no expense and even included self owned solar for the property.Rare opportunity to purchase a cash flowing new construction duplex in the supply constrained market of Fontana. Desirable unit mix with one 4 bedroom 2.5 bath unit and one 3 bedroom 2 bath unit. Builder spared no expense and even included self owned solar for the property.
  1. Listed by Parham Khoshbakhtian • DRE #01446947 • Brokerage DRE #01446947 • Parham Khoshbakhtian, Broker • Parham.khoshbakhtian@marcusmillichap.com

Property Details for 8019 Alder Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3450
Assessor Parcel Number
0243-101-32-0000
Property Attached YN
true
LISTING UPDATED: 08/29/2024 12:13 AM

Property Details for 8019 Alder Avenue

StatusActive
MLS #OC24178902
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.14 AC / 6,205 SF
CountySan Bernardino County

Building Information for 8019 Alder Avenue

Stories2Residences-Year Built2023Building Size-Lot Size0.14 AC / 6,205 SF

Property Information for 8019 Alder Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $79,080
  • Gross Scheduled Income: $79,080
  • Net Operating Income: $63,880
  • Cap Rate: 5.32
Expense Details
  • Operating Expense: $15,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $15,200
Tax / Assessment Info
  • Tax Block: L
  • Tax Tract Number: 10230
  • Tax Census Tract: 34.01
  • CFD/Mello-Roos Fee: $75
  • Tax Lot: 423
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,595
  • Unit Type Total Rent: $3,595
  • Unit Type Pro Forma: 3595
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,995
  • Unit Type Total Rent: $2,995
  • Unit Type Pro Forma: 2995
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 8019 Alder Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8019 Alder Avenue

Taxable ValueLand$132,600Additions$3,000Total$135,600
Tax Record2023$1,431 ($119 / month)
Home Facts
Lot Size6,205 SqFtStyleMulti-Family Dwelling (2-4)CountySAN BERNARDINOAPN0243-101-32-0000

Schools near 8019 Alder Avenue

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 - 10 to 12
Rating
School
Distance
Virginia Primrose Elementary School
PublicK to 5

Alder Middle School
Public6 to 8

Fontana A. B. Miller High School
Public9 to 12

Birch High (Continuation) School
Public10 to 12

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.

Similar Homes

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8019 Alder Avenue is a multi-family home for sale in Fontana, CA 92336. This property was listed for sale on August 28, 2024 by Parham Khoshbakhtian, Broker, it's currently listed at $1,200,000. It has been on the market for a total of 87 days and was last sold on December 14, 2021. This listing's school district is Fontana Unified School District. Nearby schools include Virginia Primrose Elementary School, Alder Middle School and Fontana A. B. Miller High School. 8019 Alder Avenue is a 7-bed, 5-bath, 3,450 sqft multi-family home built in 2023.

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 Parham Khoshbakhtian, Broker, Parham Khoshbakhtian, DRE #01446947

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.