Fontana, CA 92335,8449 Palmetto Avenue
Listed by Matthew Guerra β€’ KW Executive
Bought with Judith Liu β€’ RE/MAX CHAMPIONS
$1,100,000
$1,198,000
8.2%
Est.Price: ?

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5,297 SqFt

8449 Palmetto Avenue Fontana, CA 92335

Est. payment /mo
SOLD DATE : 04/02/2024

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Key Details

Sold Price $1,100,000

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 CRAR24002019

Sold Date 04/02/24

HOA Y/N No

Originating Board Datashare California Regional

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

Interior

Heating See Remarks

Fireplace No

Laundry Other

Building

Water Public

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Bay East AOR and Contra Costa AOR

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