9223 Cypress Ave Fontana, CA 92335

$7,199,999
  • 36 Beds
  • 29 Baths
  • 16,670 Sq.Ft.
For Sale
$7,199,999 Get Pre-Qualified

Map preview of 9223 Cypress Ave, Fontana, CA 92335

Property Overview: 9223 Cypress Ave Fontana, CA has 36 bedrooms, 29 bathrooms, 16,670 living square feet and 38,160 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: The Cypress Avenue Townhomes is a brand new 2024 constructed 14-unit luxurious townhome community located in Fontana, CA. The property boasts the ideal unit mix of Eight – 3 Bed/ 2.5 Bath, and Six – 2 Bed/ 1.5 Townhome style floorplan with an average unit size of more than 1,200 square feet. The Cypress Avenue Townhomes were constructed using solid, high quality building methods intended to last for years with minimal to no maintenance costs. Each unit includes high end finishes, washer and dryer hookups, and direct access two-car garages in the 3-Bedroom units. Fontana continues to represent a strong investment submarket, regularly outperforming its neighboring cities in both market occupancy and rent growth. The property is located just minutes from a variety of daily conveniences including shopping, dining, and retail services, notably including Fontana High School, Northgate Market, and Kaiser Permanente Medical Center. The property enjoys quick access to Interstate 10, providing residents with easy commutable access to the greater San Bernardino area.

Listed by Brett Bayless | BRE #01718244 | Brett Bayless, Broker
Last checked: 12 minutes ago | Last updated: August 26th, 2024 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
38,160
HOA Dues
$0/mo
Year built
2024
Garage
16 Car
Property Type:
Mixed Use
Status
Active
MLS#
OC24176678
City
Fontana
County
San Bernardino
Time on Site
23 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 5
  • # of Leased Units: 14
  • # of Electric Meters: 15
  • # of Gas Meters: 15
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $16,200
  • Pro Forma/Market Rent: $2,780
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $12,000
  • Pro Forma/Market Rent: $3,090
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $6,000
  • Pro Forma/Market Rent: $3,090
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $6,400
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $487,200
  • Net Operating Income: $329,918
  • Gross Operating Income: $457,968
Annual Expense Breakdown
  • Total Operating Expense: $128,050
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $16,000
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $20,240
  • Other Expense Description: Utilitie

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Property Details for 9223 Cypress Ave

Interior Features
Laundry Information
  • Has Laundry
  • Electric Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 16
  • # of Parking Spaces: 22
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 14
  • Parcel Number: 0193101630000
  • Year Built Source: Builder
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Randall Ave, and Cypress Ave
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 9223 Cypress Ave

Last sold for $195,000 on November 12th, 2019
  • August, 2024

  • Aug 26, 2024

    Date

    Active

    CRMLS: OC24176678

    $7,199,999

    Price

  • November, 2019

  • Nov 12, 2019

    Date

    Sold

    CRMLS: IV19093548

    $195,000

    Price

  • Jun 12, 2019

    Date

    Price Change

    CRMLS: IV19093548

    $219,000

    Price

  • May 24, 2019

    Date

    Price Change

    CRMLS: IV19093548

    $229,000

    Price

  • May 9, 2019

    Date

    Price Change

    CRMLS: IV19093548

    $242,000

    Price

  • Apr 24, 2019

    Date

    Active

    CRMLS: IV19093548

    $244,000

    Price

  • Listing provided courtesy of CRMLS

    These is an opportunity lot zone by the city, developer take note 18949 ft. lot R2 : 64 ft. Wide by 297 ft. Lot next door is also available and is almost exact same size and also R2, on these two lots you can build 10 apartment building, Properties have city utilities including city sewer. Both lots are available (parcel 019310159 and 019310158) buyer to check with city building and zoning.

  • August, 2019

  • Aug 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

  • November, 2017

  • Nov 5, 2017

    Date

    Sold

    CRMLS: IV17171595

    $195,000

    Price

  • Nov 2, 2017

    Date

    Pending

    CRMLS: IV17171595

    $195,000

    Price

  • Jul 26, 2017

    Date

    Active

    CRMLS: IV17171595

    $195,000

    Price

  • Listing provided courtesy of CRMLS

    Developers take note 18949 ft. sq. vacant lot zoned R2 64 ft. wide and 297 ft. .City will allow 5 attached units or 3 detached units. Buyer to verify with city building and zoning restrictions. Great location for multi family residence. Lot next door is also available (pacel #019310158) and is almost exact same size and is also zoned R2. See MLS #IV17157544.

  • November, 2017

  • Nov 3, 2017

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

Show More

Tax History for 9223 Cypress Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $195,000 -- --

Home Value Compared to the Market

This property vs the competition

9223 Cypress Ave is listed 974.63% 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 $431.91 per/sqft which puts the price per square foot 20.31% higher than the median price per square foot for the city of Fontana.

About 9223 Cypress Ave

Detailed summary of property

9223 Cypress Ave is a mixed use located in Fontana, CA 92335 and is currently for sale. This mixed use property offers 36 bedrooms, 29 bathrooms, roughly 16,670 living square feet, and sits on an approximately 38,160 square foot lot. 9223 Cypress Ave was first listed on ArdentRealEstateGroup.com on August 26, 2024. The homeowner is currently asking $7,199,999. 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 974.63% higher than the median priced home. While the average home in Fontana, CA is selling in 61 days, 9223 Cypress Ave has a days on market of 23 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 9223 Cypress 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 9223 Cypress Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
18,949
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0193-101-59-0000

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.