15515 Randall Ave
Fontana, CA 92335

Bd   — Ba   7,871 Sqft    96 Days
12 units in 7 separate buildings on a corner lot of almost one acre, offered at a cap rate of over 7% proforma, 9 GRM. The apartment complex consists of 3 Houses, 2 Duplexes, 1 fourplex and one Casita. 1(3+2) SFR, 1(3+1) SFR, 2 (2+1) SFR, 3 (2+1) and 5 (1+1). Each unit has its own address. Plenty of parking, no rent control. very good upside as rents are still below market, 100% occupancy with many long term tenants, Property located on the South East Corner of Randall and Elm. Across from the elementary school. Two newer (2006) residential community developments on two of the other corners of Randall & Elm. Currently, 2 of the tenants have their own utility meters and the other 10 share three common gas and electric meters. Sellers are in the process of submetering with four new meter panels connected to four subpanels. Sellers will credit buyers to complete the project. Sellers have notified the tenants that either the submeters will come first or Ratio Utility Billing Systems (RUBS) will be implemented.
  • $0 HOA
  • $191/Sqft
  • MLS#CV17127907 provided by SHAWN LUONG of CENTURY 21 MASTERS
  • Movoto last checked CRMLS for new data 2 hours ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 15515 Randall Avenue , Fontana

Year Built: 1940
Property SubType: Apartment
Lot Size Acres: 0.73
Lot Size Square Feet: 31800
Lot Size Units: Square Feet
Lot Size Area: 31800
Price Per Square Foot: 190.57
Tax Lot: 795
Tax Tract Number: 233
New Taxes Expense: 16219
Parcel Number: 233211170000
Tax Census Tract: 25.02
Tax Block: L
Special Listing Conditions: Standard
Standard Status: Active Under Contract
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Property History for 15515 Randall Avenue, Fontana

Status
Date
Price
Active
(Under Contract)
Aug 31, 2017
Listed
Aug 23, 2017
Active
(Under Contract)
Aug 17, 2017
Listed
Jun 29, 2017
$1,500,000
Listed
Jun 16, 2017
$1,250,000
#CV17127907

Real Estate Market Statistics for 15515 Randall Avenue, Fontana

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15515 Randall Avenue

No data!
San Bernardino County
Fontana
92335
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.5M

15515 Randall Avenue

$350K

92335

0% y/y

92335

$392K

Fontana

-1% y/y

Fontana

-

San Bernardino County

- y/y

San Bernardino County

See all trends for Fontana
15515 Randall Ave in ZIP code 92335 is a multi family home currently listed for $1,500,000. This is 329% above the median of $350,000 for 92335 and 282% above the median price of $392,450 for the city of Fontana, CA. As of today, , there are 88 properties listed for sale in the 92335 area and 284 properties listed for sale in Fontana. Of those 284 properties for sale, 250 are single family homes and 34 are condos. 15515 Randall Ave is approximately 7,871 Sqft, 356% above the Fontana median of 1,726 and 461% above the 92335 ZIP code median of 1,404. The price per square foot is $191, which is 18% below the median price in 92335 of $234 and 15% below the Fontana median of $226 per Sqft.
Built in 1940, this multi family house at 15515 Randall Ave is approximately 7,871 square feet and comes with 20 parking spots. It is listed on 06/16/2017 with a cost per Sqft of $191. 15515 Randall Ave is located in the Fontana Unified. The closest school is West Randall Elementary School.

15515 Randall Ave has been on the market for 96 days. The median days on the market for properties in this area is 35 with a median list price of $392,450 and median cost per square foot of $226. It's currently listed as pending under the MLS #CV17127907.

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