17050 Foothill Blvd, Fontana, CA 92335
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17050 Foothill Blvd Fontana, CA 92335

$3,225,000
  • -- Beds
  • -- Baths
  • 13,039 Sq.Ft.
For Sale
$3,225,000 Get Pre-Qualified

Map preview of 17050 Foothill Blvd, Fontana, CA 92335

Property Overview: 17050 Foothill Blvd Fontana, CA has -- bedrooms, -- bathrooms, 13,039 living square feet and 58,370 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent Owner Occupy Opportunity or Investment. Auto Dealership / Auto Repair Buildings. Class C, Retail, Auto dealership/Auto Repair Property with Improvements located in the Airport Area Submarket. Close to I-210 FWY, I-10 FWY, I-15 FWY and I-215 FWY. Near Metro Link, SB Amtrak and Ontario International Airport. Excellent Location. Foothill Traffic Counts 32,426 as of 2022 per CoStar TrafficMetrix. Rentable Buildings of 13,426 SF on a site lot totaling 58,370 SF or 1.34 Acres. Located in Prime North Fontana Commercial Strip on Foothill Blvd. Currently 61% Owner-occupied and 39% Tenant-occupied with mo/mo tenancy and has an analyzed occupancy of 100% which is above the stabilized occupancy level estimate of 95%. Property boast ample Auto Sales Lot, Open Sales Showroom, Plenty of Office Space, Multiple Repair Buildings and Multiple Repair Bays equipped for an array of repair services including 6 hydraulic car lifts and bays for Suspension and Alignment. The Property has received new paint, new flooring and a new block wall in the back parking lot under current owner. Estimated improvement are $60,000 per owner. Property has a CUP (Conditional Use Permit) (#96-003) in place. CUP is transferable in event of sale (Buyer to verify with City) Therefore, the property represents a legal nonconforming use of the site,as improved. Inland Empire is trending favorably in Consumer Spending due to above-average job and population growth over the past three years. Source:CoStar Inland Empire Retail Market Report, 9/12/2023

Listed by Fernando Reza | BRE #01451616 | KELLER WILLIAMS COVINA
Last checked: 3 minutes ago | Last updated: December 1st, 2023 | Source CRMLS | DOM: 135
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Home details

Lot Sq. Ft
58,370
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Business
Status
Active
MLS#
CV23198907
City
Fontana
County
San Bernardino
Time on Site
190 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.25%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $225,557
  • Net Operating Income: $167,677
  • Gross Operating Income: --
  • Vacancy Allowance: $11,278
Annual Expense Breakdown
  • Total Operating Expense: $46,602
  • Insurance: $3,357
  • Maintenance: $6,713
  • Professional Management: $6,428

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Property Details for 17050 Foothill Blvd

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Lot Over 40000 Sqft, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 0190201200000
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On Foothill between Palmetto and Sierra Blvd
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Sale History for 17050 Foothill Blvd

Last sold on December 31st, 2002
  • October, 2023

  • Oct 31, 2023

    Date

    Active

    CRMLS: CV23198907

    $3,225,000

    Price

  • December, 2002

  • Dec 31, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 1996

  • Jan 29, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 17050 Foothill Blvd

Assessed Value (2020): $345,629
Year Land Value Improved Value Assessed Value
2020 $97,506 $248,123 $345,629

Home Value Compared to the Market

This property vs the competition

17050 Foothill Blvd is listed 396.15% higher than the median list price for the city of Fontana which has a median list price of $649,999. The median price per/sqft for Fontana is $351 and this home is listed at $247.33 per/sqft which puts the price per square foot 29.53% lower than the median price per square foot for the city of Fontana.

About 17050 Foothill Blvd

Detailed summary of property

17050 Foothill Blvd is a business located in Fontana, CA 92335 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 13,039 living square feet, and sits on an approximately 58,370 square foot lot. 17050 Foothill Blvd was first listed on ArdentRealEstateGroup.com on October 31, 2023. The homeowner is currently asking $3,225,000. The median priced home in Fontana is $649,999 with a median price per square foot of $351. Based on Ardent Real Estate Group's Fontana Market Data, this home is listed 396.15% higher than the median priced home. Local competing homes currently for sale include 301 W Bonita Ave, 4910 Main St and 100 N Tustin Ave. While the average home in Fontana, CA is selling in 53 days, 17050 Foothill Blvd has a days on market of 135 days. There are currently 324 homes for sale in the Fontana real estate market and 253 of them are single family homes while 68 of them are condos and 3 are townhomes. For more information on this home for sale at 17050 Foothill Blvd Fontana, CA 92335 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 17050 Foothill Blvd

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
13,039
Lot Size
58,370
Stories
--
Type
Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Pool
No
Spa
No
County
San Bernardino
Lot#
519
APN
0190-201-20-0000

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.
$419
Median Sold Price
$573,000
Median Sold Price/Sq.Ft.
$374
Total Inventory
81
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.