16665 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 #CV24113115 · Source: CRMLS
About this property
SELLER FINANCING AVAILABLE - This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually. Constructed in 1978, the apartment complex is located on a rectangular 0.61-acre parcel (26,400 square feet) and has a building area of 11,628 square feet. The property consists of fourteen two-bedroom/one-bathroom floor plans (approximately 830 square feet per unit) and features fourteen carport parking spaces, ample open parking spaces with a long driveway, an on-site laundry facility, and open space in the back for possible ADUs or other future developments. Each unit offers wall-unit air conditioning and is 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. 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