Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Townhouse

Bedrooms

1

Building size

1,677 sqft

Lot size

1,061 sqft

Year built

2021

Stories

2

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

Association

View

Pool

Status

Active

Days on market

0

MLS #

248913847

About this property

Income-producing investment opportunity in Fontana’s gated El Paseo community! Currently tenant-occupied at $3,200 per month, representing $38,400 in annualized gross rental income, with an existing lease through May 2027. Tenants pay all utilities. Built in 2021, this 1,677-square-foot corner-unit condominium features three bedrooms, a versatile loft, and an attached two-car garage. The front entry faces the community pool, offering an attractive pool view, with the clubhouse and parking conveniently nearby. The kitchen is centered around a large granite island with new white cabinets and stainless-steel appliances, including a refrigerator. This home offers abundant natural light throughout, enhanced by plantation shutters on every floor, luxury plank flooring downstairs, and custom carpeting upstairs. Community amenities include a pool, spa, and outdoor barbecue area. Solar panels are leased; buyer to verify solar lease terms, payment obligations, and transfer requirements. An opportunity to purchase a rental property with an established tenancy in place. Buyer and buyer’s agent to independently verify square footage, lease terms, income, expenses, HOA requirements, and all property information.

Location

7155 Citrus

Fontana, San Bernardino, CA, 92336