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$5,900,000
43 Days Online

8421 Oleander Avenue
Fontana, CA 92335

For Sale|Multi-Family|Active
County:
San Bernardino
Listed by Douglas McCauley of MARCUS & MILLICHAP 626-695-6776

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8421 Oleander Avenue8421 Oleander Avenue8421 Oleander Avenue8421 Oleander Avenue
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This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually. The property sits on a substantial parcel of 1.69 acres (73,660 square feet) that consists of two single-family residences, two duplexes, and three townhouse-style fourplexes for a total building area of 17,887 square feet. Twelve units were constructed in 2007, consisting of six two-bedroom/one-bathroom units, three two-bedroom/one and one-half-bathroom units, and three three-bedroom/one and one-half-bathroom units. These units feature pitched tile roofs, double car garages with direct access to units, private spacious backyards, central air conditioning and heating, and selected units have balconies. Six units were constructed in 1955, consisting of two three-bedroom/two-bathroom single-family residences and four two-bedroom/one-bathroom floor plans. 8421 Oleander Avenue is a single-family house with an attached single-car garage and a spacious backyard with a built-in oven. Similarly, 8427 Oleander Avenue is a single-family house with a single-car garage, gated front porch, private driveway, and private backyard with access to additional open parking spaces in the back. The two duplexes feature single-car garages, ample open parking spaces, and private backyards. The community offers its residents a cabana in the spacious common area and an on-site laundry room. All units are individually metered for gas and electricity. The large parcel offers possible opportunities for future development or ADUs. The properties are conveniently located just south of Foothill Blvd, more commonly known as Historic Route 66, and approximately two miles away from I-10 Freeway, providing residents with easy access to cities in Los Angeles and Palm Springs. With an average daily traffic count of over 55,000, Foothill Blvd offers residents with multiple dining and shopping options, including Cardenas Markets, Walgreens, Superior Grocers, El Super, Stater Bros. Markets, and Smart & Final within two-mile radius of the properties. Additionally, majority of the properties are within walkable distance to the Downtown Fontana Core Districts that are bound by Foothill Blvd on the north, Randall Avenue on the south, Juniper Avenue on the west, and Mango Avenue on the east. Downtown Fontana is envisioned as a vibrant, active, family-friendly hub for shopping, dining, and socializing.

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Listing Snapshot
Price 
$5,900,000
Days Online 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,887 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.691 Acres
Year Built 
1955
MLS® Number 
CV24113295
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking Spaces 
18
Sewer 
Public Sewer
Number of Stories 
2
Acreage 
1.691
Water 
Public
Property Sub Type 
Apartment
Garage Spaces 
18
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Lot Over40000 Sqft
Community Features
Community Features 
Sidewalks
Senior Community 
No
MLS Area 
264 - Fontana


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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