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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

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9 Units in Fontana

9064 Olive St, Fontana, CA 92335, USA
Sold For$1,568,000$174,222/Per Unit

Description

Property Description

  • Sold for $174K Per Unit
  • Comprised of all 2 Bed/1.5 Bath Town-homes Built in Late 1980’s
  • Plenty of Onsite Parking as well as Two Laundry Facilities
  • Huge Upside in Rental Income and Value-Add Potential for Buyer
  • Proforma GRM: 10.13, Proforma Cap Rate: 7.63%
  • Kris and Deepen Represented Both the Buyer and Seller
  • Address: 9064 Olive St
  • City: Fontana
  • State/county: California
  • Zip/Postal Code: 92335
  • Country: United States

Detail

Updated on July 24, 2019 at 1:48 pm

  • Price: Sold For $1,568,000
  • Property Size: 7920 SqFt
  • Land Area: 18900 SqFt
  • Year Built: 1984
  • Property Type: Multi Family
  • Property Status: Just Sold, Sold

Additional details

  • # of Units: 9
  • Unit Mix: 9 (2+1.5) Townhomes
  • Cap Rate: 4.69%
  • GRM: 13.97
  • We Represented: Seller/Buyer
  • Close of Escrow: 07/11/2019

WalkScore

walkscore72 / Very Walkable more details here

Contact info

Deepen Shah
Deepen Shah
(909) 294-2603(909) 568-5200
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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Do You Own Multi-Family Properties?
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NoYes