Three-Bedroom Rental
For Sale
$550,000
442-7155 Citrus Ave, Fontana, CA 92335
An existing tenancy runs through May 2027, with residents responsible for all utilities.
Property Size1,677 SF
Price / SF$327.97
Days on Market10
Property Features for 442-7155 Citrus Ave
General Information
Standard status
Active
Size
1,677 SF
Total Parking Spaces
2
Property subtype
Residential Income
Financials
Gross Income
$38,400
Average Monthly Rent
$3,200
Units
Unit Mix
1 x 3BR+loft
Multifamily Units
1
Parking per Unit
2
Additional Details
Tenant in Place
Yes
Amenities
pool
spa
outdoor barbecue area
Building Details
Year Built
2021
Tenancy
Single
Listing Agency:
Cubemax International Corp.
(909) 631-1576
Listed By:
Oliver Yang
(909) 861-9985
Source:
Exprealty
Added: Oct 23
Changed: Oct 31
Last Checked: Oct 30 at 7:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cubemax International Corp.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2021, this 1,677-square-foot corner condominium has three bedrooms, a loft, and an attached two-car garage. Interior features include a granite kitchen island, white cabinetry, stainless-steel appliances, plantation shutters on every floor, plank flooring on the main level, and carpet upstairs. Solar panels are leased. The property is tenant-occupied under a lease that runs through May 2027, and tenants pay all utilities.
The condominium is in the gated El Paseo community in Fontana. Its front entry faces the community pool, with the clubhouse and parking nearby. Shared amenities include a pool, spa, and outdoor barbecue area.
The condominium is in the gated El Paseo community in Fontana. Its front entry faces the community pool, with the clubhouse and parking nearby. Shared amenities include a pool, spa, and outdoor barbecue area.
Key Highlights
- Three bedrooms, a loft, and 1,677 square feet of living area
- Built in 2021; corner‑unit layout with an attached two‑car garage
- Tenant‑occupied with a lease through May 2027; tenants pay all utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,697
Cap Rate
4.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,940
$453.9K
Cap Rate 7%
$324,243
$324.2K
Cap Rate 9%
$252,189
$252.2K
Market Conditions
NOI Build-Up for 1,677 SF
Gross rent
$43.7K $26.04/SF
− Vacancy
−$2.4K −$1.43/SF
EGI
$41.3K $24.61/SF
− OpEx
−$18.6K −$11.07/SF
NOI
$22.7K $13.53/SF
Area
Fontana, CA
Vacancy
5.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,940
Cap Rate 7%
$324,243
Cap Rate 9%
$252,189
Alternative Uses
Best Use
Apartment 5plus
$324.2K
$283.7K – $378.3K
NOI $22,697 @ 7.0% cap · market cap 4.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$488.0K
$427.0K – $569.3K
NOI $34,158 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Residential income property - An existing tenancy runs through May 2027, with residents responsible for all utilities.
Where is this residential income property located?
The property is located at 442-7155 Citrus Ave Fontana, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three bedrooms, a loft, and 1,677 square feet of living area; Built in 2021; corner‑unit layout with an attached two‑car garage; Tenant‑occupied with a lease through May 2027; tenants pay all utilities
