16469 Ceres Ave, Fontana, CA 92335
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16469 Ceres Ave Fontana, CA 92335

$2,200,000 Sold Price as of 02/29/2024
  • 21 Beds
  • 20 Baths
  • 9,825 Sq.Ft.
Sold
$2,200,000 Sold Price as of 02/29/2024 Refinance Your Mortgage

Map preview of 16469 Ceres Ave, Fontana, CA 92335

Property Overview: 16469 Ceres Ave Fontana, CA has 21 bedrooms, 20 bathrooms, 9,825 living square feet and 30,240 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 16469 Ceres Ave Fontana is a well maintained property, comprised of 10 units. 1 is the managers unit, with 3beds and 2 full baths. The additional 9 units are all 2 bedroom, 2bath. All units have their own individual laundry hook ups and water heaters. Each unit has a carport and an enclosed garage. There are 11 garages total. One is used for a maintenance work room. To the back of the lot there is over 6200 ft. of vacant land. There is the possibility of more units being built on this property, buyer to verify. Property is block wall enclosed. Each unit is individually metered for electric and gas paid by tenants. Water and trash paid by owner. New roof installed on entire structure in November 2023. This property is conveniently located close to schools, hospitals, shopping, freeways, employment opportunities, etc.

Listed by CHERYL GUTIERREZ | BRE #01300596 | WESTCOE REALTORS INC
Last checked: 13 minutes ago | Last updated: March 1st, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
30,240
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
IV24022662
City
Fontana
County
San Bernardino
Time on Site
106 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
  • # of Leased Units: 10
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 2
  • # of Baths: 2
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $6,000
  • Insurance: $3,000
  • Water/Sewer: $7,800

Property Details for 16469 Ceres Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Gas Dryer Hookup, Individual Room, Washer Hookup
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Block
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 6-10 Units/Acre, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Level, Near Public Transit, No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 10
  • Parcel Number: 0191221170000
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: Merrill Ave & Cypress
View more facts & features

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Sale History for 16469 Ceres Ave

Last sold for $2,200,000 on February 29th, 2024
  • February, 2024

  • Feb 29, 2024

    Date

    Sold

    CRMLS: IV24022662

    $2,200,000

    Price

  • Feb 1, 2024

    Date

    Active

    CRMLS: IV24022662

    $2,475,000

    Price

  • March, 2002

  • Mar 22, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 1995

  • May 25, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 16469 Ceres Ave

Assessed Value (2020): $744,961
Year Land Value Improved Value Assessed Value
2020 $135,846 $609,115 $744,961

Home Value Compared to the Market

This property vs the competition

16469 Ceres Ave sold on February 29, 2024 for 290.78% 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 $251.91 per/sqft which puts the price per square foot 28.23% lower than the current median sale per square foot for the city of Fontana.

About 16469 Ceres Ave

Detailed summary of property

16469 Ceres Ave is a multi family that recently sold in Fontana, CA 92335. This multi family property offered 21 bedrooms, 20 bathrooms, roughly 9,825 living square feet, and sits on an approximately 30,240 square foot lot. 16469 Ceres Ave was first listed on ArdentRealEstateGroup.com on February 1, 2024. The homeowner sold the property for $2,200,000. 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 290.78% higher than the current median priced home. Local homes that are currently for sale include 949 Sandalwood Ave, 1512 S Euclid St and 12881 Main St. While the average home in Fontana, CA is selling in 55 days, 16469 Ceres Ave has a days on market of 21 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 16469 Ceres 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 16469 Ceres Ave

Public county record property details
Beds
--
Baths
--
Year built
1990
Sq. Ft.
9,825
Lot Size
30,240
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
10
APN
0191-221-17-0000

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.