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16020 Valencia Court, Fontana, CA 92335
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16020 Valencia Court Fontana, CA 92335

$1,179,000 Sold Price as of 12/13/2023
  • 6 Beds
  • 3 Baths
  • 2,484 Sq.Ft.
Sold
$1,179,000 Sold Price as of 12/13/2023 Refinance Your Mortgage
Map preview of 16020 Valencia Court, Fontana, CA 92335

Property Overview: 16020 Valencia Court Fontana, CA has 6 bedrooms, 3 bathrooms, 2,484 living square feet and 8,100 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors look no further, a great Income opportunity triplex in the beautiful city of Fontana. Turnkey building that has been completely remodeled inside out. New roof has been installed, New Windows, New Garage Doors, New exterior and interior doors, brand new upgraded electrical panel 100am on each unit, new outlets and switches, washer and dryer hook up inside each unit and many more features. Each unit has spacious 2-bedroom one bath, Open floor plan from the kitchen to the dining area, brand new bathtub and modern gray vanity. It features Brand new white shaker style kitchen cabinets, Beautiful modern gray quartz, brand new appliances and water heater. Each unit has brand new central AC unit, New Handler, Modern Fans in each bedroom, and new light fixtures though out the unit. Each unit has modern gray tile along with new carpet in the bedrooms. Each unit has a separate electric meter, its own garage, and additional parking spot outside the building and a large space in back of units for additional parking. Centrally located between 10 and 210 freeways. Close to schools, restaurants, shopping, transportation.

Listed by Jeannette Navarro | BRE #01354720 | Above Standards Realty
Last checked: 14 minutes ago | Last updated: December 13th, 2023 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
8,100
HOA Dues
$0/mo
Year built
1982
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
PW23187055
City
Fontana
County
San Bernardino
Time on Site
332 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,200
  • Net Operating Income: $73,200
  • Gross Operating Income: $82,200
Annual Expense Breakdown
  • Total Operating Expense: $9,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $1,800
  • Other Expenses: $7,200
  • Other Expense Description: prop tax

Property Details for 16020 Valencia Court

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • Kitchen, Living Room, Multi-Level Bedroom
Kitchen Information
  • Has Appliances
  • Electric Range, Range Hood
Interior Features
  • Ceiling Fan(s), Open Floorplan, Quartz Counters
  • Levels: Two
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Garage Faces Rear, Parking Space
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 0232201020000
  • Year Built Source: Public Records
  • Architectural Style: Modern
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Arrow Blvd & Tokay Ave
Neighborhood Information
  • Community Features: Foothills, Sidewalks, Street Lights
View more facts & features

Local Fontana Agent

Sale History for 16020 Valencia Court

Last sold for $1,179,000 on December 13th, 2023

  • December, 2023

  • Dec 13, 2023

    Date

    Sold

    CRMLS: PW23187055

    $1,179,000

    Price

  • Oct 23, 2023

    Date

    Active

    CRMLS: PW23187055

    $1,179,000

    Price

  • March, 2023

  • Mar 31, 2023

    Date

    Sold

    CRMLS: CV23032413

    $606,000

    Price

  • Mar 5, 2023

    Date

    Active

    CRMLS: CV23032413

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Income opportunity triplex in Fontana. Great for investor opportunity with a vision. Each unit features 2 bedrooms, 1 bathroom, with inside washer hookups. Each unit has separate meters for water and electric. Three 1-car garages, bottom unit has attached garage with inside access. Large space in back of units for addtional parking. Check with city of Fontana to add additional unit or convert garages to living space. Centrally located between 10 and 210 freeways. Close to schools, restaurants, shopping, transportation. Property to be sold in its as-in condition.

  • August, 2000

  • Aug 15, 2000

    Date

    Sold (Public Records)

    Public Records

    $134,500

    Price

Show More

Tax History for 16020 Valencia Court

Assessed Value (2020): $185,319
Year Land Value Improved Value Assessed Value
2020 $48,225 $137,094 $185,319

Home Value Compared to the Market

This property vs the competition

16020 Valencia Court sold on December 13, 2023 for 90.16% higher than the current median sold price for the city of Fontana which is $620,000. The median sold price per/sqft for Fontana is $362 and this home is sold at $474.64 per/sqft which puts the price per square foot 31.12% higher than the current median sale per square foot for the city of Fontana.

About 16020 Valencia Court

Detailed summary of property

16020 Valencia Court is a triplex that recently sold in Fontana, CA 92335. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,484 living square feet, and sits on an approximately 8,100 square foot lot. 16020 Valencia Court was first listed on ArdentRealEstateGroup.com on October 23, 2023. The homeowner sold the property for $1,179,000. Home in Fontana are selling for a median price of $620,000 and a median price per square foot of $362. Based on Ardent Real Estate Group's Fontana Market Data, this home is sold 90.16% higher than the current median priced home. Local homes that are currently for sale include 896 N Cota St, 884 N Cota St and 1185 W Grand Blvd. While the average home in Fontana, CA is selling in 61 days, 16020 Valencia Court has a days on market of 4 days. There are currently 370 homes for sale in the Fontana real estate market and 308 of them are single family homes while 57 of them are condos and 5 are townhomes. For more information on this home for sale at 16020 Valencia Court Fontana, CA 92335 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 16020 Valencia Court

Public county record property details
Beds
6
Baths
3
Year built
1982
Sq. Ft.
2,484
Lot Size
8,100
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
2
APN
0232-201-02-0000

The source for these homes facts are from public records.

92335 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$406
Median Sold Price
$593,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
98
Median Sale to List Price %
100.85%
Avg Days on Market
40
Loan Type
Conventional (30%), FHA (50%), VA (5%), Cash (0%), Other (10%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.

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