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52-Unit Garden-Style Apartment Community
New
For Sale
$13,830,000

16296 Merrill, Fontana, CA 92335

Fontana, CA

Property SizeContact for details
Lot Size2.19 Acres
Days on Market4

Property Features for 16296 Merrill

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 5, Bathroom 4, Laundry Room, Bedroom 7, Bedroom 2, Bathroom 5, Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 3, Bedroom 1, Bathroom 3
Parking features Assigned
Lot features Lot Over 40000 Sqft
Directions East of Citrus Ave
Subdivision 264 - Fontana
Standard status Active
APN 0191182570000
Lot size 2.19 Acres

Utilities

Sewer type Public Sewer
Water source Private

Amenities

gated
covered parking
swimming pool
laundry facilities
picnic/common outdoor areas
on-site management
private patio/balcony
air conditioning
heating
ceiling fans
dishwasher
disposal
range

Building Details

Year built 1989
Floors in Building 2
Number of units 52
Listing Agency: MacroReal Inv Grp Inc.
Listed By: Grady Liu · License #01290494
Added: Nov 3 Last Checked: Nov 6 at 10:06AM
MLS# TR26236475

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 52-unit, two-story garden-style apartment community occupies 2.1918 acres in Fontana. Its apartments have two- or three-bedroom layouts, with approximately 85% in the two-bedroom category and 15% with three bedrooms. Community features include a swimming pool, laundry facilities, picnic and shared outdoor areas, on-site management, and covered parking. Apartments include private patios or balconies, air conditioning, heating, ceiling fans, dishwashers, disposals, and ranges.

The property is near Merrill Avenue and Oleander Avenue, with access to Interstate 10, public transportation, schools, shopping, and employment corridors. Parking is assigned, and the site has a private water source and public sewer service.

Key Highlights

  • 52 apartments across a 2.1918‑acre site
  • Two‑story garden‑style community in Fontana
  • All apartments have two- or three‑bedroom layouts; approximately 85% are two‑bedroom and 15% three‑bedroom

Property Analytics

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Lease Details

52
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby

Demographics for 92335, CA

96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in San Bernardino County, CA

$226 Jul
$260 Aug
$232 Sep
$236 Oct

Properties on Market for Apartment buildings in San Bernardino County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A gated residential community with a pool, laundry facilities, covered parking, and private outdoor space for each apartment.
Where is this apartment building located?
The property is located at 16296 Merrill Fontana, CA.
What is the asking price?
The asking price for this property is $13,830,000.
What are key features of this property?
This property features: 52 apartments across a 2.1918‑acre site; Two‑story garden‑style community in Fontana; All apartments have two- or three‑bedroom layouts; approximately 85% are two‑bedroom and 15% three‑bedroom
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