Remodeled Triplex with Two
8245 Bennett Ave, Fontana, CA 92335
For Sale
New
$1,100,000
Three separate living spaces provide a combined seven bedrooms and five bathrooms.
Property Size3,238 SF
Price / SF$339.72
Days on Market5
Property Features for 8245 Bennett Ave
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
fruit trees
Listing Agency:
ARON KWONG, BROKER
Listed By:
Aron Kwong · License #01412923
(909) 524-2063
Source:
Viewsandiegohouses
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 7 at 1:58PM
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 ARON KWONG, BROKER
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Investment Insights
Based on property information with market context.
The property comprises a main residence and two accessory dwelling units, with three independent living spaces and a combined 7 bedrooms and 5 bathrooms. The main home has approximately 1,598 sq. ft., with 3 bedrooms and 2 bathrooms, plus a 505 sq. ft. enclosed sunroom. Its interior includes a remodeled kitchen, updated bathrooms, tile flooring, a fireplace, and a laundry area. The detached ADU offers approximately 1,200 sq. ft. with 3 bedrooms and 2 bathrooms; a converted garage contains the third unit, measuring 440 sq. ft. with 1 bedroom and 1 bathroom. Kitchens, flooring, and bathrooms have been improved across the living spaces.
Fruit trees on the property include kumquats, loquats, cherries, guavas, plums, figs, citrus, peaches, nectarines, apples, avocados, dragon fruit, soursop, and pears.
Fruit trees on the property include kumquats, loquats, cherries, guavas, plums, figs, citrus, peaches, nectarines, apples, avocados, dragon fruit, soursop, and pears.
Key Highlights
- Three living spaces totaling approximately 3,238 sq. ft.
- Combined 7 bedrooms and 5 bathrooms
- Main residence: approximately 1,598 sq. ft., with 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,692
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,840
$953.8K
Cap Rate 7%
$681,314
$681.3K
Cap Rate 9%
$529,911
$529.9K
Market Conditions
NOI Build-Up for 3,238 SF
Gross rent
$71.9K $22.20/SF
− Vacancy
−$3.8K −$1.16/SF
EGI
$68.1K $21.04/SF
− OpEx
−$20.4K −$6.31/SF
NOI
$47.7K $14.73/SF
Area
Fontana, CA
Vacancy
5.22%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,840
Cap Rate 7%
$681,314
Cap Rate 9%
$529,911
Alternative Uses
Best Use
Multifamily LT 5
$681.3K
$596.2K – $794.9K
NOI $47,692 @ 7.0% cap · market cap 4.34%
Second Best
Apartment 5plus
$626.1K
$547.8K – $730.4K
NOI $43,824 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$942.2K
$824.4K – $1.10M
NOI $65,954 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,362
Businesses Nearby
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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
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Market
Properties on Market for Triplexes in San Bernardino County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate living spaces provide a combined seven bedrooms and five bathrooms.
Where is this triplex located?
The property is located at 8245 Bennett Ave Fontana, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Three living spaces totaling approximately 3,238 sq. ft.; Combined 7 bedrooms and 5 bathrooms; Main residence: approximately 1,598 sq. ft., with 3 bedrooms and 2 bathrooms
