8021 Mango Avenue
$12,500,000
3
96
41,880
41,880
$298
Description
True value-add opportunity by replacing current below market rents & continuing unit renovations. / 6.25% ProForma Cap Rate / ProForma Rents will be achieved with new lease ups. / Rents for subject property are approximately 40% under market per recent rental survey conducted. / Excellent Unit Mix of 70% 2-Bedroom, 2- Bathroom Units (40), & 30% 1-Bedroom, 1- Bathroom Units (16). First time to the market in 30+ years. True value-add opportunity, with rents for subject property being approximately...True value-add opportunity by replacing current below market rents & continuing unit renovations. / 6.25% ProForma Cap Rate / ProForma Rents will be achieved with new lease ups. / Rents for subject property are approximately 40% under market per recent rental survey conducted. / Excellent Unit Mix of 70% 2-Bedroom, 2- Bathroom Units (40), & 30% 1-Bedroom, 1- Bathroom Units (16). First time to the market in 30+ years. True value-add opportunity, with rents for subject property being approximately 40% under market. Welcome to this exceptional 56-unit apartment building the Mango Tree Apartments, ideally located in the heart of Fontana, CA. Built in 1985 and set on a generous 2.43-acre lot, this property offers a perfect blend of comfort and convenience for residents. The community features 16 spacious one-bedroom, one bathroom units and 40 two-bedroom, two-bathroom units. Residents benefit from private balconies, perfect for relaxing and enjoying the surroundings.
- Listed by ALBERT LE • DRE #01468313 • Brokerage DRE #01923766 • LE INVESTMENT GROUP • 909-256-7889
Property Details for 8021 Mango Avenue
Parking Spaces Total
56
Private PoolNo
Total Units56.0
Building TypeAttached
Lot Size SourceAssessor
Living Area41880
Assessor Parcel Number0190-241-10-0000
Property Attached YNtrue
LISTING UPDATED: 11/05/2024 03:54 AM
Property Details for 8021 Mango Avenue
Status | Active |
---|---|
MLS # | IV24168540 |
Days on Market | 100 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1985 |
County | San Bernardino County |
Building Information for 8021 Mango Avenue
Building/Complex8021 Mango AveFloor-Stories2Residences-Pet Policy-Year Built1985Building Size-
Property Information for 8021 Mango Avenue
Property History for 8021 Mango Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8021 Mango Avenue
Taxable ValueLand$579,547Additions$3,992,441Total$4,571,988
Tax Record2024$48,293 ($4,024 / month)
Home Facts
Total Finished SqFt41,880 SqFtAbove Grade Finished SqFt41,880 SqFtLot Size105,850 SqFtStyleMulti-Family Res (5+ Units)Year Built1987CountySAN BERNARDINOAPN0190-241-10-0000
Schools near 8021 Mango Avenue
This home is within Fontana Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 10 to 12 |
Rating | School | Distance |
---|---|---|
North Tamarind Elementary School PublicK to 6 | ||
Alder Middle School Public6 to 8 | ||
Fontana A. B. Miller High School Public9 to 12 | ||
Citrus 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.
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