9107 Sierra Ave, Fontana, CA 92335
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9107 Sierra Ave Fontana, CA 92335

$1,450,000 Sold Price as of 01/30/2024
  • 12 Beds
  • 9 Baths
  • 5,436 Sq.Ft.
Sold
$1,450,000 Sold Price as of 01/30/2024 Refinance Your Mortgage

Map preview of 9107 Sierra Ave, Fontana, CA 92335

Property Overview: 9107 Sierra Ave Fontana, CA has 12 bedrooms, 9 bathrooms, 5,436 living square feet and 34,412 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This 6 Unit Opportunity is located at 9107 Sierra Ave, Fontana CA 92335. The property is conveniently located walking distance from Kaiser Permanente Medical Center, Falcon Ridge Town Center and Mary Vagal Nature Center. Fontana offers a variety of investment opportunities for those looking to invest in a growing and diverse city with a strong economy and a robust logistics and distribution industry. With its strategic location, growing healthcare sector, and ongoing investments in infrastructure, Fontana is poised for continued economic growth and presents an attractive investment opportunity. With a population of over 213,000 people, the city is known for its diverse community, affordable cost of living, and a strong job market.

Listed by DARREN CORREA | BRE #02066621 | LE INVESTMENT GROUP
Last checked: 8 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
34,412
HOA Dues
$0/mo
Year built
1950
Garage
2 Car
Property Type:
Apartment
Status
Sold
MLS#
IV23191679
City
Fontana
County
San Bernardino
Time on Site
342 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 4
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,665
  • Total Rent: $3,170
  • Pro Forma/Market Rent: $3,700
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,075
  • Total Rent: $3,090
  • Pro Forma/Market Rent: $4,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.66%
  • Gross Rent Multiplier: 12.01
  • Gross Scheduled Income: $125,400
  • Net Operating Income: $84,884
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $34,246
  • Electric: $1,779
  • Gas/Fuel: $1,779
  • Trash: $1,779
  • Insurance: $3,000
  • Professional Management: $0
  • Water/Sewer: $1,779

Property Details for 9107 Sierra Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Driveway - Combination, Concrete, Garage - Two Door
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 0194313060000
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of HWY 10
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 9107 Sierra Ave

Last sold for $1,450,000 on January 30th, 2024
  • January, 2024

  • Jan 30, 2024

    Date

    Sold

    CRMLS: IV23191679

    $1,450,000

    Price

  • Oct 13, 2023

    Date

    Active

    CRMLS: IV23191679

    $1,499,000

    Price

  • September, 2023

  • Sep 18, 2023

    Date

    Canceled

    CRMLS: IV23092670

    $1,509,888

    Price

  • May 27, 2023

    Date

    Active

    CRMLS: IV23092670

    $1,488,888

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 6 unit apartments located centrally in Fontana. Shopping centers, restaurants within walking distance. Front units offer 3bed 2ba, and 3bed 1ba. 3 units have 1 bed 1 ba. Back house 3bed 2bad. Excellent location.

  • August, 2017

  • Aug 1, 2017

    Date

    Expired

    CRMLS: OC16730798

    $925,000

    Price

  • Nov 22, 2016

    Date

    Withdrawn

    CRMLS: OC16730798

    $925,000

    Price

  • Oct 27, 2016

    Date

    Price Change

    CRMLS: OC16730798

    $925,000

    Price

  • Oct 24, 2016

    Date

    Active

    CRMLS: OC16730798

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent six (6) unit multifamily investment opportunity located at 9107 Seirra Ave. This property is centrally located with close proximity to Interstate 10 and the Metrolink. Just North of downtown Fontana, the property has great access to local amenities, schools, Kaiser Hospital and quick freeway access. The property consists of four (4) freestanding buildings with a unit mix of one (1) two bedroom one bath units, two (2) three bedroom two bath units and three (3) one bedroom one bath units. Tenants have off street parking per unit and coin-up laundry on site. The property has minimal turnover costs since unit improvements to the property have been completed.

  • January, 2017

  • Jan 18, 2017

    Date

    Sold (Public Records)

    Public Records

    $9,200,000

    Price

  • May, 2001

  • May 2, 2001

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

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Tax History for 9107 Sierra Ave

Assessed Value (2020): $528,200
Year Land Value Improved Value Assessed Value
2020 $169,000 $359,200 $528,200

Home Value Compared to the Market

This property vs the competition

9107 Sierra Ave sold on January 30, 2024 for 141.77% 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 $275.75 per/sqft which puts the price per square foot 23.82% lower than the current median sale per square foot for the city of Fontana.

About 9107 Sierra Ave

Detailed summary of property

9107 Sierra Ave is a apartment that recently sold in Fontana, CA 92335. This apartment offered 12 bedrooms, 9 bathrooms, roughly 5,436 living square feet, and sits on an approximately 34,412 square foot lot. 9107 Sierra Ave was first listed on ArdentRealEstateGroup.com on October 13, 2023. The homeowner sold the property for $1,450,000. 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 141.77% higher than the current median priced home. Local homes that are currently for sale include 1185 W Grand Blvd, 931 S Towne Ave and 1379 S Gibbs St. While the average home in Fontana, CA is selling in 61 days, 9107 Sierra Ave has a days on market of 47 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 9107 Sierra 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 9107 Sierra Ave

Public county record property details
Beds
1
Baths
1
Year built
1927
Sq. Ft.
640
Lot Size
34,557
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0194-313-06-0000

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.