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9158 Pepper Ave, Fontana, CA 92335
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9158 Pepper Ave Fontana, CA 92335

$2,100,000 Sold Price as of 10/13/2023
  • 18 Beds
  • 13.5 Baths
  • 7,920 Sq.Ft.
Sold
$2,100,000 Sold Price as of 10/13/2023 Refinance Your Mortgage
Map preview of 9158 Pepper Ave, Fontana, CA 92335

Property Overview: 9158 Pepper Ave Fontana, CA has 18 bedrooms, 13.5 bathrooms, 7,920 living square feet and 15,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pleased to exclusively present the Pepperwood Apartments, a 9-unit, multifamily investment property located in the City of Fontana, California. This offering presents qualified investors the opportunity to acquire a well maintained asset in one of the most desirable rental markets in the Inland Empire. The subject property is comprised exclusively of two bedroom/one and a half bathroom townhome style units. The units are individually metered for electricity and gas and have individual water heaters. Additionally, the property includes an onsite laundry facility, private patios and (10) carport spaces and (9) open parking spaces for a more than 2:1 parking ratio. Located off Randall Ave, the offering benefits from its convenient access to retail, entertainment, schools, medical offices, parks & freeway - all within reach. Furthermore, proximity to Interstates 10, 15, and 210 freeways grants tenants access to surrounding employment hubs throughout the Inland Empire - as well as Los Angeles & Orange County regions.

Listed by Rick Applebaum | BRE #01273871 | Morgan Skenderian
Co-listed by Paul Espinosa | BRE #01942627 | Morgan Skenderian
Last checked: 8 minutes ago | Last updated: October 13th, 2023 | Source CRMLS | DOM: 91

Home details

Lot Sq. Ft
15,750
HOA Dues
$0/mo
Year built
1984
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
PW23120873
City
Fontana
County
San Bernardino
Time on Site
441 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 2
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,647
  • Total Rent: $14,829
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: 12.99
  • Gross Scheduled Income: $180,432
  • Net Operating Income: $115,392
  • Gross Operating Income: $175,019
  • Vacancy Allowance: $5,413
  • Laundry Income: $2,484
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $59,627
  • Electric: $3,733
  • Gas/Fuel: $3,733
  • New Taxes: $27,683
  • Trash: $3,733
  • Gardener: $1,800
  • Insurance: $3,960
  • Maintenance: $10,501
  • Professional Management: $0
  • Water/Sewer: $3,733
  • Other Expenses: $750
  • Other Expense Description: admin

Property Details for 9158 Pepper Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 19
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 0193101520000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Cross streets are Randall Avenue and Pepper Avenue
Neighborhood Information
  • Community Features: Gutters, Sidewalks
View more facts & features

Local Fontana Agent

Sale History for 9158 Pepper Ave

Last sold for $2,100,000 on October 13th, 2023

  • October, 2023

  • Oct 13, 2023

    Date

    Sold

    CRMLS: PW23120873

    $2,100,000

    Price

  • Jul 6, 2023

    Date

    Active

    CRMLS: PW23120873

    $2,595,000

    Price

  • September, 2019

  • Sep 4, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 13, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9158 Pepper Ave

Assessed Value (2020): $338,947
Year Land Value Improved Value Assessed Value
2020 $67,791 $271,156 $338,947

Home Value Compared to the Market

This property vs the competition

9158 Pepper Ave sold on October 13, 2023 for 278.06% 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 $295.96 per/sqft which puts the price per square foot 18.24% lower than the current median sale per square foot for the city of Fontana.

About 9158 Pepper Ave

Detailed summary of property

9158 Pepper Ave is a apartment that recently sold in Fontana, CA 92335. This apartment offered 18 bedrooms, 13.5 bathrooms, roughly 7,920 living square feet, and sits on an approximately 15,750 square foot lot. 9158 Pepper Ave was first listed on ArdentRealEstateGroup.com on July 6, 2023. The homeowner sold the property for $2,100,000. 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 278.06% higher than the current median priced home. Local homes that are currently for sale include 2030 E Wilshire Ave, 2545 E Ward and 2024 E Wilshire Ave. While the average home in Fontana, CA is selling in 61 days, 9158 Pepper Ave has a days on market of 91 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 9158 Pepper 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 9158 Pepper Ave

Public county record property details
Beds
--
Baths
--
Year built
1984
Sq. Ft.
7,920
Lot Size
19,200
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0193-101-52-0000

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
$575,000
Median List Price/Sq.Ft.
$406
Median Sold Price
$593,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
98
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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Recently Sold Homes Near 9158 Pepper Ave

9064 Sewell Ave, Fontana, CA 92335
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9281 Pepper Ave, Fontana, CA 92335
$1,920,000 Last Sold Price
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9075 Sewell Ave, Fontana, CA 92335
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9049 Sewell Ave, Fontana, CA 92335
$3,898,974 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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