8421 Oleander Avenue, Fontana, CA

$5,900,000

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1.69

Acres

About 8421 Oleander Avenue

This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually. The property sits on a substantial parcel of 1.69 acres (73,660 square feet) that consists of two single-family residences, two duplexes, and three townhouse-style fourplexes for a total building area of 17,887 square feet. Twelve units were constructed in 2007, consisting of six two-bedroom/one-bathroom units, three two-bedroom/one and one-half-bathroom units, and three three-bedroom/one and one-half-bathroom units. These units feature pitched tile roofs, double car garages with direct access to units, private spacious backyards, central air conditioning and heating, and selected units have balconies. Six units were constructed in 1955, consisting of two three-bedroom/two-bathroom single-family residences and four two-bedroom/one-bathroom floor plans. 8421 Oleander Avenue is a single-family house with an attached single-car garage and a spacious backyard with a built-in oven. Similarly, 8427 Oleander Avenue is a single-family house with a single-car garage, gated front porch, private driveway, and private backyard with access to additional open parking spaces in the back. The two duplexes feature single-car garages, ample open parking spaces, and private backyards. The community offers its residents a cabana in the spacious common area and an on-site laundry room. All units are individually metered for gas and electricity. The large parcel offers possible opportunities for future development or ADUs. The properties are conveniently located j

Features of 8421 Oleander Avenue

MLS® # CV24113295
Price $5,900,000
Acres 1.69
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 8421 Oleander Avenue
City Fontana
County San Bernardino
State CA
Zip Code 92335

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Sidewalks

Additional Information

Date Listed June 4th, 2024
Days on Market 76
Zoning Other
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMARCUS & MILLICHAP

Listing Map

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