855.375.4001
Listed by 626-695-6776 - Douglas McCauley - MARCUS & MILLICHAP
$5,900,000 affordable loan icon Calculate Payment

8421 Oleander Avenue Fontana, CA 92335

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Apartment Residence
Beds
Baths
... Bed/Bath
17,887 Sq. Ft.

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Last updated on 7/6/2024 11:31 PM
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 f...ourplexes 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 just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple dining and shopping options, including Cardenas Markets, Walgreens, Superior Grocers, El Super, Stater Bros. Markets, and Smart & Final within two-mile radius of the properties. Additionally, majority of the properties are within walkable distance to the Downtown Fontana Core Districts that are bound by Foothill Blvd on the north, Randall Avenue on the south, Juniper Avenue on the west, and Mango Avenue on the east. Downtown Fontana is envisioned as a vibrant, active, family-friendly hub for shopping, dining, and socializing. Continue reading
MLS#
CV24113295
Property Type
Apartment
Year Built
1955
Square Feet
17,887 sq. ft
Lot Size
1.69
Sewer
Public Sewer

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Listed by 626-695-6776 - Douglas McCauley - MARCUS & MILLICHAP
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 7/6/2024 11:31 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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