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8449 Palmetto Avenue, Fontana, CA 92335
$1,100,000
8449 Palmetto Avenue, Fontana, CA 92335View this property at 8449 Palmetto Avenue, Fontana, CA 92335
8449 Palmetto AvenueFontanaCA92335
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Property Description
Prime Investment Opportunity With 4 Individual Houses On A HUGE (42,094 sq.ft.) Lot Ideal For Multifamily Development. Very attractive unit mx comprised of a Front House which is 4 Bedroom + 2 Baths, Two (2) 2 Bedroom + 1 Bath Houses, and One 1 Bed + 1 Bath House. Situated on Palmetto Ave in between Arrow and Foothill Blvd the asset is perfectly located next to Fontana Middle School and Pacific Electric Trail, it is walking distance to Fontana Library and Technology Center, Miller Park, Fontana City Hall, and everything the city of Fontana has to offer.
This Asset is a wonderful opportunity for the right investor who wants a value add property with the opportunity for future multifamily development.
Full Property Details
Full Property Details for 8449 Palmetto Ave
General
- Sold For: $1,100,000
- Status: Closed
- Type: Multi-Family
- MLS ID: AR24002019
- Added to Site: 126 day(s) ago
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
Location
- Area: 264 - Fontana
- County: San Bernardino
- Development Name: 264 - Fontana
- Driving Directions: Between arrow and foothill on palmetto
Heating & Cooling
- Heating Type: See Remarks
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: 1
- Stories/Levels: One,Two
- Stories Description: One, Two
- Square Feet: 5,297
- Year Built: 1926
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 5
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.9663
- Lot Size Source: Assessor
- Zoning: RMH
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $207.66
- Price Per Unit: 299500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by KW Executive, Matthew Guerra
Sold by Re/Max Champions, Judith Liu
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Schools
Schools serving 8449 Palmetto Ave
School District:Fontana Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
8561 Tamarind Ave, Fontana, CA 92335 | K-5 | 0.3 mi | |
8425 Mango Ave, Fontana, CA 92335 | 6-8 | 0.3 mi | |
9453 Citrus Ave, Fontana, CA 92335 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8449 Palmetto Ave
Date
Details
Price
Change
Source
4/02/2024
Sold
$1,100,000
-8.18%
MLS
1/04/2024
Listed
$1,198,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8449 Palmetto Avenue, Fontana, CA 92335 (MLS# AR24002019) is a Multi-Family property that was sold at $1,100,000 on April 02, 2024. Want to learn more about 8449 Palmetto Avenue? 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.