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$11,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
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RARE INVESTMENT OPPORTUNITY! BRAND-NEW 25-UNIT LUXURY TOWNHOME COMMUNITY IN THE HEART OF FONTANA! Completed in 2025 and 100% occupied since completion, Merrill Townhomes offers an exceptional opportunity to acquire a turnkey, income-producing investment property in a highly desirable rental location. Conveniently located near schools, shopping, restaurants, and major freeways. This unique development features 25 residential units on 20 individually subdivided parcels, consisting of 15 individual condominiums and 5 condominiums with ADUs, distributed among 6 buildings. The property offers 33,471 SF of living area, 9,160 SF of garage space, 909 SF of covered porches, 285 SF of covered patios, and 1,666 SF of balconies. Twenty units feature private two-car garages. STATE-OF-THE-ART CONSTRUCTION WITH EXTENSIVE LUXURY UPGRADES! Features include decorative stamped concrete walkways and parking areas, concrete backyard patios, block-wall privacy divisions, premium hard-surface flooring throughout, upgraded cabinetry, countertops, plumbing and lighting fixtures, and glass shower enclosures. An exceptional investment with strong rental demand, modern construction, minimal near-term maintenance, and a unique subdivision configuration. With today's rising land prices, construction costs, and development fees, a comparable property would be extremely difficult and costly to reproduce. 25 UNITS | 20 SUBDIVIDED PARCELS | BUILT IN 2025 | 100% OCCUPIED | PRIME FONTANA LOCATION!

Full Property Details for 15909 Merrill Ave

General

  • Price: $11,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: IV26219055
  • Updated: 10/8/2026
  • Days on Market: 2 days
  • Added to Site: 2 day(s) ago

Interior

  • Rooms/Areas: Laundry, All Bedrooms Up
  • Interior Features: Balcony, Block Walls, Recessed Lighting
  • Fireplace(s): None
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: Upper Level

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 40
  • Parking Features: Assigned, Unassigned
  • Parking: Assigned, Unassigned

Location

  • Area: 264 - Fontana
  • County: San Bernardino
  • Development Name: 264 - Fontana
  • Driving Directions: SE Corner of Merrill & Catawba

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 25
  • # Electric Meters: 25

Structural Information

  • Foundation: Slab
  • Roof: Concrete
  • Entry Location: Front
  • Square Feet: 33,471
  • Year Built: 2025

Unit Information

Unit 1

  • Number of Units: 3
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 6
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 5

  • Number of Units: 3
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 6

  • Number of Units: 2
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 7

  • Number of Units: 2
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 8

  • Number of Units: 7
  • Total Bathrooms: 3
  • Bedrooms: 3

Lot Features

  • Property View: Mountain(s)
  • Lot Size (Acres): 1.8737
  • Lot Size (Sq. Ft.): 81,617
  • Lot Size Source: Assessor
  • Lot Description: 11-15 Units/Acre

Green Features

  • Energy Efficient: Construction, Appliances, HVAC

Financial Considerations

  • Price Per Sq. Ft.: $358.37
  • Price Per Unit: 479800

Listed by Emaar Enterprise, SHAREEF AWAD

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Listing agent

— 15909 Merrill Ave —

  • SHAREEF AWAD

    Emaar Enterprise

909-519-1355

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15909 Merrill Ave

School District:Fontana Unified School District
NameGradesDistance
Citrus Elementary School, Fontana, CA
16041 Randall Avenue, Fontana, CA 92335
K-60.6 mi
Sequoia Middle School, Fontana, CA
9452 Hemlock Avenue, Fontana, CA 92335
7-81.3 mi
Fontana High School
9453 Citrus Avenue, Fontana, CA 92335
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15909 Merrill Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Listed
$11,995,000
2825.61%
MLS
5/23/2018
Sold
$410,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 15909 Merrill Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,941
—
$333,792
5%
2025
$3,941
169%
$317,825
217%
2024
$1,463
131%
$100,368
348%
2023
$634
—
$22,420
2%
2022
$633
—
$21,980
2%
2021
$630
—
$21,549
1%
2020
$630
1%
$21,328
2%
2019
$623
15%
$20,910
61%
2018
$543
-14%
$13,005
-38%
2017
$633
1%
$20,815
2%
2016
$629
—
$20,407
2%
2015
$626
-4%
$20,100
-33%
2013
$650
—
$30,200
41%
2013
$650
—
$21,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Emaar Enterprise, SHAREEF AWAD

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15909 Merrill Ave, Fontana, CA 92335 (MLS# IV26219055) is a Multi-Family property with 25 units containing 0 bedrooms and 0 full bathrooms. 15909 Merrill Ave is currently listed for $11,995,000 and was received on October 08, 2026. Want to learn more about 15909 Merrill Ave? Do you have questions about finding other Multi-Family real estate for sale in Fontana? You can browse all Fontana real estate or contact a Coldwell Banker agent to request more information.

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