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16432 Merrill Ave, Fontana, CA 92335
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16432 Merrill Ave Fontana, CA 92335

$2,000,000 Sold Price as of 03/08/2024
  • 0 Beds
  • 3 Baths
  • 7,560 Sq.Ft.
Sold
$2,000,000 Sold Price as of 03/08/2024 Refinance Your Mortgage
Map preview of 16432 Merrill Ave, Fontana, CA 92335

Property Overview: 16432 Merrill Ave Fontana, CA has -- bedrooms, 3 bathrooms, 7,560 living square feet and 35,894 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: THE SUBJECT IS ZONED C-1 & ALLOWS FOR STORE BLDG, WAREHOUSE, MULTIPURPOSE BLDG, STORE/RES COMBO, RETAIL, COMMUNITY FACILITIES, FINANCIAL INSTITUTIONS, LEGAL SERVICES, MULTI-FAMILY UNITS RETAIL BUILDING DISPLAY AS IS TYPICAL OF OTHERS IN THE AREA. MINIMUM REPAIRS NEEDED (NEWLY REMODELED), THIS PROJECT IS MANAGED BY THE OWNER AND IS IN GOOD CONDITION. THE RETAIL BUILDING IS ALSO COMPATIBLE WITH OTHER RETAIL BUILDINGS IN THE AREA. THE SUBJECT CONSISTS OF 3 BUILDINGS WITH 1 PARCEL. BEING USED AS 1 ECONOMIC UNIT THE SUBJECT BLDG SF IS 7.560 & SERVES AS A BANQUET HALL FEATURING MAIN HALL OPEN AREA. RECEPTIONIST DESK. LOUNGE. FULL BAR. PRIVATE OFFICE. STORAGE PANTRY. COMM KITCHEN & (3) RESTROOMS . THE PROPERTY HAS A LOT AREA OF APPROXIMATELY 35.894 SE. THE SUBJECT IS CURRENTLY 100% OCCUPIED.

Listed by Sandy Florian | BRE #02016205 | Realty World Experts
Last checked: 10 minutes ago | Last updated: March 15th, 2024 | Source CRMLS | DOM: 129

Home details

Lot Sq. Ft
35,894
HOA Dues
$0/mo
Year built
1978
Garage
--
Property Type:
Retail
Status
Sold
MLS#
DW23108908
City
Fontana
County
San Bernardino
Time on Site
333 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 3
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 16432 Merrill Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Average Condition
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Common Interest: None
Property Information
  • Total # of Units: 1
  • Parcel Number: 0191221030000
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: Property is north of the 210 fwy, south of the 10 fwy East of El Rancho ave and West of Etiwanda ave.
View more facts & features

Local Fontana Agent

Sale History for 16432 Merrill Ave

Last sold for $2,000,000 on March 8th, 2024

  • March, 2024

  • Mar 8, 2024

    Date

    Sold

    CRMLS: DW23108908

    $2,000,000

    Price

  • Jun 19, 2023

    Date

    Active

    CRMLS: DW23108908

    $2,300,000

    Price

  • March, 2021

  • Mar 11, 2021

    Date

    Sold

    CRMLS: IV20222824

    $1,100,000

    Price

  • Jan 29, 2021

    Date

    Active Under Contract

    CRMLS: IV20222824

    $1,185,000

    Price

  • Oct 21, 2020

    Date

    Active

    CRMLS: IV20222824

    $1,185,000

    Price

  • Listing provided courtesy of CRMLS

    Offering consists of (3) structures totaling 7,560 SF commercial space. Main building is ideal for commercial use. The (2) rear structures can be used for warehouse/storage and/or shop area. Property is currently an active banquet hall that recently was remodeled in early 2020. The building's are positioned on a 36,047 SF lot (131'W X 275'L) with 34 striped parking spaces indicating a parking ratio of 4.85. Front building layout consists of open area, commercial kitchen, storage pantry, service room, men & woman rest rooms (ADA), private office and full-bar. Additional on-site improvements include charming landscape, perimeter fencing, 30X25 (750 SF) canopy and fire hydrant. Note: Kitchen equipment, TV monitors and electronic equipment will not be part of the sale.

  • May, 2004

  • May 21, 2004

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • May, 2004

  • May 21, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 16432 Merrill Ave

Assessed Value (2020): $84,096
Year Land Value Improved Value Assessed Value
2020 $22,459 $61,637 $84,096

Home Value Compared to the Market

This property vs the competition

16432 Merrill Ave sold on March 8, 2024 for 215.78% higher than the current median sold price for the city of Fontana which is $633,343. The median sold price per/sqft for Fontana is $351 and this home is sold at $264.55 per/sqft which puts the price per square foot 24.63% lower than the current median sale per square foot for the city of Fontana.

About 16432 Merrill Ave

Detailed summary of property

16432 Merrill Ave is a retail that recently sold in Fontana, CA 92335. This retail property offered -- bedrooms, 3 bathrooms, roughly 7,560 living square feet, and sits on an approximately 35,894 square foot lot. 16432 Merrill Ave was first listed on ArdentRealEstateGroup.com on June 19, 2023. The homeowner sold the property for $2,000,000. Home in Fontana are selling for a median price of $633,343 and a median price per square foot of $351. Based on Ardent Real Estate Group's Fontana Market Data, this home is sold 215.78% higher than the current median priced home. Local homes that are currently for sale include 4729 Whittier Blvd, 2635 Whittier Blvd and 530 E 4th St. While the average home in Fontana, CA is selling in 55 days, 16432 Merrill Ave has a days on market of 129 days. There are currently 343 homes for sale in the Fontana real estate market and 276 of them are single family homes while 65 of them are condos and 2 are townhomes. For more information on this home for sale at 16432 Merrill Ave Fontana, CA 92335 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 16432 Merrill Ave

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
4,320
Lot Size
35,894
Stories
--
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0191-221-03-0000

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
$565,000
Median List Price/Sq.Ft.
$415
Median Sold Price
$573,000
Median Sold Price/Sq.Ft.
$374
Total Inventory
78
Median Sale to List Price %
104.18%
Avg Days on Market
23
Loan Type
Conventional (42.11%), FHA (26.32%), VA (0%), Cash (26.32%), Other (5.26%)

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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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