$1,198,000
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8449 Palmetto AVE Fontana, CA 92335
5,297 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,297 sqft
Price per Sqft $207
MLS Listing ID AR24002019
Year Built 1926
Lot Size 0.966 Acres
Property Description
Prime Investment Opportunity With 4 Individual Houses On A HUGE (42,094 sq.ft.) Lot Ideal For Multifamily Development. Very attractive unit mx comprised of a Front House which is 4 Bedroom + 2 Baths, Two (2) 2 Bedroom + 1 Bath Houses, and One 1 Bed + 1 Bath House. Situated on Palmetto Ave in between Arrow and Foothill Blvd the asset is perfectly located next to Fontana Middle School and Pacific Electric Trail, it is walking distance to Fontana Library and Technology Center, Miller Park, Fontana City Hall, and everything the city of Fontana has to offer.
This Asset is a wonderful opportunity for the right investor who wants a value add property with the opportunity for future multifamily development.
Location
State CA
County San Bernardino
Area 264 - Fontana
Zoning RMH
Rooms
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup
Interior
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup
Heating See Remarks
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking, Curbs, Park, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Submit
Special Listing Condition Standard
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Bought with Judith Liu • RE/MAX CHAMPIONS