9223 Cypress Avenue

Fontana, CA 92335

$6,900,000
Price
11
Beds
36
Baths
16,670 Sq. Ft.
$414 / Sq. Ft.
16,670
Sq. Ft.
$414
per Sq. Ft.

Description

The Cypress Avenue Townhomes is a brand new 2024 constructed 14-unit luxurious townhome community located in Fontana, CA. The property boasts the ideal unit mix of Eight – 3 Bed/ 2.5 Bath, and Six – 2 Bed/ 1.5 Townhome style floorplan with an average unit size of more than 1,200 square feet. The Cypress Avenue Townhomes were constructed using solid, high quality building methods intended to last for years with minimal to no maintenance costs. Each unit includes high end finishes, washer and dryer...The Cypress Avenue Townhomes is a brand new 2024 constructed 14-unit luxurious townhome community located in Fontana, CA. The property boasts the ideal unit mix of Eight – 3 Bed/ 2.5 Bath, and Six – 2 Bed/ 1.5 Townhome style floorplan with an average unit size of more than 1,200 square feet. The Cypress Avenue Townhomes were constructed using solid, high quality building methods intended to last for years with minimal to no maintenance costs. Each unit includes high end finishes, washer and dryer hookups, and direct access two-car garages in the 3-Bedroom units. Fontana continues to represent a strong investment submarket, regularly outperforming its neighboring cities in both market occupancy and rent growth. The property is located just minutes from a variety of daily conveniences including shopping, dining, and retail services, notably including Fontana High School, Northgate Market, and Kaiser Permanente Medical Center. The property enjoys quick access to Interstate 10, providing residents with easy commutable access to the greater San Bernardino area.
  1. Listed by Brett Bayless • DRE #01718244 • Brokerage DRE #01718244 • Brett Bayless, Broker • 949-887-2465

Property Details for 9223 Cypress Avenue

Parking Spaces Total
22
Private Pool
No
Total Units
14.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
16670
Assessor Parcel Number
0193-101-63-0000
Property Attached YN
true
LISTING UPDATED: 10/17/2024 02:45 AM

Property Details for 9223 Cypress Avenue

StatusActive
MLS #OC24176678
Days on Market70
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built2024
Lot Size0.88 AC / 38,160 SF
CountySan Bernardino County

Building Information for 9223 Cypress Avenue

Stories2Residences-Year Built2024Building Size-Lot Size0.88 AC / 38,160 SF

Property Information for 9223 Cypress Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $487,200
  • Gross Scheduled Income: $487,200
  • Gross Operating Income: $462,840
  • Net Operating Income: $333,065
  • Cap Rate: 4.83
Expense Details
  • Operating Expense: $124,903
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $16,000
  • Professional Management Expense: $0
  • Other Expense: $20,240
  • Other Expense Description: Utilitie
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $124,903
Tax / Assessment Info
  • Tax Tract Number: 06071
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Green Info
  • Green Energy Generation: Solar
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 16
  • Uncovered Spaces: 6
  • Open Other Spaces Total: 6
  • Parking Garage Spaces: 16
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $16,200
  • Unit Type Pro Forma: 2780
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • 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: $3,000
  • Unit Type Total Rent: $12,000
  • Unit Type Pro Forma: 3090
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • 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: $3,000
  • Unit Type Total Rent: $6,000
  • Unit Type Pro Forma: 3090
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 2
  • 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: $3,200
  • Unit Type Total Rent: $6,400
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 14
  • Rent Controlled: No
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1

Property History for 9223 Cypress 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 9223 Cypress Avenue

Taxable ValueLand$418,157Additions$2,900,000Total$3,318,157
Tax Record2023$4,309 ($359 / month)
Home Facts
Beds0Stories2Lot Size38,160 SqFtStyleTownhouseCountySAN BERNARDINOAPN0193-101-63-0000

Schools near 9223 Cypress 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 - K to 6
Rating
School
Distance
Randall Pepper Elementary School
PublicK to 5

Harry S. Truman 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.

Similar Homes

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Similar Sold Homes

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9223 Cypress Avenue is a mixed use property for sale in Fontana, CA 92335. This property was listed for sale on August 26, 2024 by Brett Bayless, Broker, it's currently listed at $6,900,000. It has been on the market for a total of 70 days and was last sold on November 12, 2019. This listing's school district is Fontana Unified School District. Nearby schools include Randall Pepper Elementary School, Harry S. Truman Middle School and Fontana High School. 9223 Cypress Avenue is a 11-bed, 36-bath, 16,670 sqft mixed use property 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 Brett Bayless, Broker, Brett Bayless, DRE #01718244

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.