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8019 Alder Ave Fontana, CA 92336

Sponsored
For Sale
$1,200,000

New Construction Duplex, High Occupancy, Excellent ROI

Property size:
3,450 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional two-unit apartment building, newly constructed in 2023, presents a rare investment opportunity in the high-demand Fontana, CA market. Boasting a total of 3,450 square feet across two stories, the property features a desirable unit mix: one 4-bedroom, 2.5-bathroom unit and one 3-bedroom, 2-bathroom unit. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $63,880, translating to a compelling 5.32% capitalization rate. The asking price is $1,200,000, or $600,000 per unit, representing a strong price per square foot of $347.83. Situated on a 6,025 square foot lot at 8019 Alder Ave, Fontana, CA 92336 (APN: 0243-101-32-0000), this property benefits from the inclusion of self-owned solar panels, significantly reducing operating costs. This stabilized investment offers a secure and profitable venture in a thriving market with limited new construction inventory. The property's strong cash flow and attractive features make it an ideal addition to any investment portfolio.

Property Features for 8019 Alder Ave

General Information

Property type
Multifamily properties
Square Feet
3,450 SF

Building Details

Year Built
2023
Buildings
2
Stories
2
Units
2

HighLights

  • $1,200,000 asking price for a stabilized multifamily investment.
  • New construction duplex (2 units) in Fontana, CA.
  • 3,450 square feet total, with 100% occupancy.
  • $63,880 Net Operating Income (NOI) yielding a 5.32% cap rate.
  • $600,000 per unit price.
  • Features a desirable unit mix (one 4 bed/2.5 bath, one 3 bed/2 bath).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fontana
County
San Bernardino
State
California
Longitude
-117.4180922
Latitude
34.108233

FAQs

What type of property is this?
Multifamily property - New Construction Duplex, High Occupancy, Excellent ROI
Where is this multifamily property located?
The property is located at 8019 Alder Ave Fontana, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for a stabilized multifamily investment.; New construction duplex (2 units) in Fontana, CA.; 3,450 square feet total, with 100% occupancy.
More about this property
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