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8021 Mango Ave, Fontana, CA 92336
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8021 Mango Ave Fontana, CA 92336

$12,999,999
  • 96 Beds
  • 96 Baths
  • 41,880 Sq.Ft.
For Sale
$12,999,999 Get Pre-Qualified
Map preview of 8021 Mango Ave, Fontana, CA 92336

Property Overview: 8021 Mango Ave Fontana, CA has 96 bedrooms, 96 bathrooms, 41,880 living square feet and 105,850 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: First time to the market in 30+ years. True value-add opportunity, with rents for subject property being approximately 40% under market. Welcome to this exceptional 56-unit apartment building the Mango Tree Apartments, ideally located in the heart of Fontana, CA. Built in 1985 and set on a generous 2.43-acre lot, this property offers a perfect blend of comfort and convenience for residents. The community features 16 spacious one-bedroom, one bathroom units and 40 two-bedroom, two-bathroom units. Residents benefit from private balconies, perfect for relaxing and enjoying the surroundings.

Listed by ALBERT LE | BRE #01468313 | LE INVESTMENT GROUP
Last checked: 10 minutes ago | Last updated: August 15th, 2024 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
105,850
HOA Dues
$0/mo
Year built
1985
Garage
--
Property Type:
Apartment
Status
Active
MLS#
IV24168540
City
Fontana
County
San Bernardino
Time on Site
35 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 56
  • Total # of Buildings: 7
  • # of Electric Meters: 56
  • # of Gas Meters: 56
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $15,530
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 40
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $48,995
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,286,400
  • Net Operating Income: $808,154
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $287,736
  • Electric: $36,089
  • Gas/Fuel: $0
  • Trash: $10,000
  • Insurance: $13,155
  • Professional Management: $18,000
  • Water/Sewer: $36,089

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Property Details for 8021 Mango Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 56
Lot Information
  • Lot Features: 26-30 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 56
  • Parcel Number: 0190241100000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 8021 Mango Ave, Fontana, CA 92336
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Fontana Agent

Sale History for 8021 Mango Ave

View property's historical transactions

  • August, 2024

  • Aug 14, 2024

    Date

    Active

    CRMLS: IV24168540

    $12,999,999

    Price

Tax History for 8021 Mango Ave

Assessed Value (2020): $4,264,111
Year Land Value Improved Value Assessed Value
2020 $540,520 $3,723,591 $4,264,111

Home Value Compared to the Market

This property vs the competition

8021 Mango Ave is listed 1840.3% higher than the median list price for the city of Fontana which has a median list price of $670,000. The median price per/sqft for Fontana is $359 and this home is listed at $310.41 per/sqft which puts the price per square foot 13.53% lower than the median price per square foot for the city of Fontana.

About 8021 Mango Ave

Detailed summary of property

8021 Mango Ave is a apartment located in Fontana, CA 92336 and is currently for sale. This apartment offers 96 bedrooms, 96 bathrooms, roughly 41,880 living square feet, and sits on an approximately 105,850 square foot lot. 8021 Mango Ave was first listed on ArdentRealEstateGroup.com on August 15, 2024. The homeowner is currently asking $12,999,999. The median priced home in Fontana is $670,000 with a median price per square foot of $359. Based on Ardent Real Estate Group's Fontana Market Data, this home is listed 1840.3% higher than the median priced home. Local competing homes currently for sale include 1903 Orchid Ave, 1233 N Mansfield Ave and 1215 N Sycamore Ave. While the average home in Fontana, CA is selling in 61 days, 8021 Mango Ave has a days on market of 32 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 8021 Mango Ave Fontana, CA 92336 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 8021 Mango Ave

Public county record property details
Beds
--
Baths
--
Year built
1987
Sq. Ft.
41,880
Lot Size
105,850
Stories
--
Type
Apartments (Generic)
Pool
Yes
Spa
No
County
San Bernardino
Lot#
520
APN
0190-241-10-0000

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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