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8344 Bennett Ave, Fontana, CA 92335
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8344 Bennett Ave Fontana, CA 92335

$1,475,000 Sold Price as of 09/23/2021
  • 15 Beds
  • 7 Baths
  • 6,310 Sq.Ft.
Sold
$1,475,000 Sold Price as of 09/23/2021 Refinance Your Mortgage
Map preview of 8344 Bennett Ave, Fontana, CA 92335

Property Overview: 8344 Bennett Ave Fontana, CA has 15 bedrooms, 7 bathrooms, 6,310 living square feet and 18,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5 individual home casitas and duplex in the back on large lot (7 units total). 6 units with 2 bed 1 bath each collecting $1250/mo (all month to month) 1 unit with 3 bed 1 bath collecting. $1350/mo Market rents $1,700+/mo. 3 Parking spaces in the back and 3 garages Storage area as well. 5.42% cap rate. Well maintained units, low on rents, and great upside opportunity

Listed by Thomas Kadar | BRE #01912823 | Keller Williams
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
18,000
HOA Dues
$0/mo
Year built
1929
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
LG21180858
City
Fontana
County
San Bernardino
Time on Site
997 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,200
  • Net Operating Income: $95,520
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,680
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $340
  • Gardener: $200
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $350

Property Details for 8344 Bennett Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 6-10 Units/Acre, Garden, Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 0191151240000
  • Year Built Source: Assessor
  • Property is Attached
  • Has Land Lead
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross street: Upland and Bennett
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Fontana Agent

Sale History for 8344 Bennett Ave

Last sold for $1,475,000 on September 23rd, 2021

  • August, 2021

  • Aug 30, 2021

    Date

    Active Under Contract

    CRMLS: LG21180858

    $1,475,000

    Price

  • Aug 21, 2021

    Date

    Active

    CRMLS: LG21180858

    $1,475,000

    Price

  • Aug 19, 2021

    Date

    Active Under Contract

    CRMLS: LG21180858

    $1,475,000

    Price

  • Aug 16, 2021

    Date

    Active

    CRMLS: LG21180858

    $1,475,000

    Price

  • January, 2004

  • Jan 14, 2004

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

Show More

Tax History for 8344 Bennett Ave

Assessed Value (2020): $390,016
Year Land Value Improved Value Assessed Value
2020 $117,006 $273,010 $390,016

Home Value Compared to the Market

This property vs the competition

8344 Bennett Ave sold on September 23, 2021 for 132.89% 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 $233.76 per/sqft which puts the price per square foot 33.4% lower than the current median sale per square foot for the city of Fontana.

About 8344 Bennett Ave

Detailed summary of property

8344 Bennett Ave is a multi family that recently sold in Fontana, CA 92335. This multi family property offered 15 bedrooms, 7 bathrooms, roughly 6,310 living square feet, and sits on an approximately 18,000 square foot lot. 8344 Bennett Ave was first listed on ArdentRealEstateGroup.com on August 16, 2021. The homeowner sold the property for $1,475,000. 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 132.89% higher than the current median priced home. Local homes that are currently for sale include 884 N Cota St, 1185 W Grand Blvd and 12015 Silicon Ave. While the average home in Fontana, CA is selling in 54 days, 8344 Bennett Ave has a days on market of 14 days. There are currently 321 homes for sale in the Fontana real estate market and 254 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 8344 Bennett 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 8344 Bennett Ave

Public county record property details
Beds
--
Baths
--
Year built
1929
Sq. Ft.
4,995
Lot Size
18,000
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0191-151-24-0000

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%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 8344 Bennett Ave

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$910,000 Last Sold Price
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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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