This property is part of the nine (9) property Fontana Apartment Portfolio. The seller is willing to sell each property individually.
Constructed in 1987, the property sits on a 0.45-acre parcel (19,590 square feet) and has a building area of 7,740 square feet. The property is located at the end of a cul-de-sac within a quiet residential neighborhood. The apartment consists of ten two-bedroom/one-bathroom floor plans and features ten single-car garages, ample open parking spaces, an on-site laundry room, and a shared common area that offer the possibility of ADUs. The first-floor units have private backyards, and the upstairs units have front porches/decks. All units offer central air conditioning and are individually metered for gas and electricity. 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. For higher education, the Chaffey College Fontana Campus is within a five-minute drive from the subject properties. This public community college is served by a 50,000-square-foot campus offering general education courses, associate degrees for transfer, and courses that support the advancement of career. 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.