16405 Valencia Avenue, Fontana, CA 92335
Property
Sold August 2024
Listing Agent: Douglas McCauley (DRE #01155706) · Listing Office: MARCUS & MILLICHAP · Contact: 909-456-3400 · Bought with: Douglas McCauley · MARCUS & MILLICHAP · MLS #CV24113165 · Source: CRMLS
About this property
This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually. Constructed in 1988, the apartment complex is located on a rectangular 0.83-acre parcel (36,400 square feet) and has a building area of 14,056 square feet. The property consists of four one-bedroom/one-bathroom floor plans and sixteen two-bedroom/one-bathroom floor plans. The apartment features twenty single-car garages/storage rooms, twenty open parking spaces, an on-site laundry facility, a community courtyard with lounge chairs and barbeque grill, and well-maintained landscaping. Each unit offers central air conditioning and a deck/patio. All units are individually metered for gas and electricity. 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. 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. For higher education, the Chaffey College Fontana Campus is within a five-minute drive from the subject properties. This public community college is served by a 50,000-square-foot campus offering general education courses, associate degrees for transfer, and courses that support the advancement of career. 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.
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history