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16929 Reed St, Fontana, CA 92336
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16929 Reed St Fontana, CA 92336

$740,000 Sold Price as of 08/27/2021
  • 6 Beds
  • 4 Baths
  • 3,020 Sq.Ft.
Sold
$740,000 Sold Price as of 08/27/2021 Refinance Your Mortgage
Map preview of 16929 Reed St, Fontana, CA 92336

Property Overview: 16929 Reed St Fontana, CA has 6 bedrooms, 4 bathrooms, 3,020 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: Great opportunity to own a Quadruplex with plenty of upside on rents! This property features a unit mix of Two 2 Bedroom 1 Bath Units and Two 1 Bedroom 1 Bath units each with its own private 1 car garage. With a large area for parking and a small park right next door, this property is in high rental demand and hasn't had a vacancy in over a decade! The property is close to plenty of shops and minutes away from the 210 FWY.

Listed by Alfredo Rosas | BRE #01305713 | Landmark One Real Estate
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
8,100
HOA Dues
$0/mo
Year built
1962
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
PW21108466
City
Fontana
County
San Bernardino
Time on Site
1218 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $975
  • Total Rent: $950
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $33,567
  • Gross Operating Income: $46,800
  • Laundry Income: $150
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $13,233
  • Electric: $240
  • Gas/Fuel: $0
  • New Taxes: $8,525
  • Trash: $1,068
  • Insurance: $1,600
  • Water/Sewer: $1,800
  • Other Expenses: $816
  • Other Expense Description: Gas

Property Details for 16929 Reed St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard, Level with Street, Rectangular Lot, Near Public Transit, Park Nearby
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 0190191310000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Sierra & Reed - North of Foothill
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Fontana Agent

Sale History for 16929 Reed St

Last sold for $740,000 on August 27th, 2021

  • August, 2021

  • Aug 28, 2021

    Date

    Sold

    CRMLS: PW21108466

    $740,000

    Price

  • Jun 2, 2021

    Date

    Pending

    CRMLS: PW21108466

    $775,000

    Price

  • May 27, 2021

    Date

    Hold

    CRMLS: PW21108466

    $775,000

    Price

  • May 20, 2021

    Date

    Active

    CRMLS: PW21108466

    $775,000

    Price

  • April, 2003

  • Apr 30, 2003

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

  • April, 2000

  • Apr 14, 2000

    Date

    Sold (Public Records)

    Public Records

    $165,000

    Price

Show More

Tax History for 16929 Reed St

Assessed Value (2020): $350,947
Year Land Value Improved Value Assessed Value
2020 $53,635 $297,312 $350,947

Home Value Compared to the Market

This property vs the competition

16929 Reed St sold on August 27, 2021 for 25% 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 $256.62 per/sqft which puts the price per square foot 29.11% lower than the current median sale per square foot for the city of Fontana.

About 16929 Reed St

Detailed summary of property

16929 Reed St is a fourplex that recently sold in Fontana, CA 92336. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 3,020 living square feet, and sits on an approximately 8,100 square foot lot. 16929 Reed St was first listed on ArdentRealEstateGroup.com on May 20, 2021. The homeowner sold the property for $740,000. 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 25% higher than the current median priced home. Local homes that are currently for sale include 1370 Hillside Dr, 7614 Fern St and 4829 Hedrick Ave. While the average home in Fontana, CA is selling in 61 days, 16929 Reed St has a days on market of 7 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 16929 Reed St Fontana, CA 92336 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 16929 Reed St

Public county record property details
Beds
5
Baths
4
Year built
1962
Sq. Ft.
3,020
Lot Size
8,100
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
14
APN
0190-191-31-0000

The source for these homes facts are from public records.

92336 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$710,000
Median List Price/Sq.Ft.
$341
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$349
Total Inventory
241
Median Sale to List Price %
98.71%
Avg Days on Market
33
Loan Type
Conventional (52%), FHA (20%), VA (4%), Cash (12%), Other (12%)

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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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