8423 Laurel Ave, Fontana, CA 92335
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8423 Laurel Ave Fontana, CA 92335

$750,000 Sold Price as of 02/26/2024
  • 6 Beds
  • 4 Baths
  • 2,500 Sq.Ft.
Sold
$750,000 Sold Price as of 02/26/2024 Refinance Your Mortgage

Map preview of 8423 Laurel Ave, Fontana, CA 92335

Property Overview: 8423 Laurel Ave Fontana, CA has 6 bedrooms, 4 bathrooms, 2,500 living square feet and 46,620 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "OVER ACRES LOT" 3- detached units with the total of 6 Bedrooms and 4 baths. More spaces to expand! The property may not be qualified for financing. All units are fully rented.

Listed by Rixon Kien | BRE #01246047 | Credent Real Estate
Last checked: 15 minutes ago | Last updated: February 27th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
46,620
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
PW24013621
City
Fontana
County
San Bernardino
Time on Site
239 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $54,000
  • Gross Operating Income: $60,000
Annual Expense Breakdown
  • Total Operating Expense: $6,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $900
  • Water/Sewer: $2,500

Property Details for 8423 Laurel Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Carpet, Concrete
Kitchen Information
  • Has Appliances
  • Disposal, Gas Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 0246041290000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
  • Utilities: Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Laurel and Arrow
Neighborhood Information
  • Community Features: Park
View more facts & features

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Sale History for 8423 Laurel Ave

Last sold for $750,000 on February 26th, 2024
  • February, 2024

  • Feb 26, 2024

    Date

    Sold

    CRMLS: PW24013621

    $750,000

    Price

  • Jan 23, 2024

    Date

    Active

    CRMLS: PW24013621

    $749,000

    Price

  • July, 2011

  • Jul 7, 2011

    Date

    Sold (Public Records)

    Public Records

    $190,000

    Price

  • February, 2011

  • Feb 22, 2011

    Date

    Sold (Public Records)

    Public Records

    $189,000

    Price

Show More

Tax History for 8423 Laurel Ave

Assessed Value (2020): $218,215
Year Land Value Improved Value Assessed Value
2020 $80,394 $137,821 $218,215

Home Value Compared to the Market

This property vs the competition

8423 Laurel Ave sold on February 26, 2024 for 20.81% 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 $299.6 per/sqft which puts the price per square foot 17.24% lower than the current median sale per square foot for the city of Fontana.

About 8423 Laurel Ave

Detailed summary of property

8423 Laurel Ave is a triplex that recently sold in Fontana, CA 92335. This triplex offered 6 bedrooms, 4 bathrooms, roughly 2,500 living square feet, and sits on an approximately 46,620 square foot lot. 8423 Laurel Ave was first listed on ArdentRealEstateGroup.com on January 23, 2024. The homeowner sold the property for $750,000. 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 20.81% higher than the current median priced home. Local homes that are currently for sale include 7129 Perris Hill Rd, 7460 Potomac St and 8876 Cypress Ave. While the average home in Fontana, CA is selling in 61 days, 8423 Laurel Ave has a days on market of 5 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 8423 Laurel 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 8423 Laurel Ave

Public county record property details
Beds
2
Baths
1
Year built
1945
Sq. Ft.
752
Lot Size
46,609
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0246-041-29-0000

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
$580,000
Median List Price/Sq.Ft.
$406
Median Sold Price
$593,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
93
Median Sale to List Price %
100.85%
Avg Days on Market
40
Loan Type
Conventional (30%), FHA (50%), VA (5%), Cash (0%), Other (10%)

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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.