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John Fagan

john@johnfagangroup.com +1(669) 303-8501

Listed by Oliver Yang, DRE #01355519 • Cubemax International Corp.

$ 550,000

Est. payment | -/mo

1,061 Sqft Lot

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$ 550,000

Est. payment | -/mo

Save

1,061 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRTR26230089

HOA Fees $204

Year Built 2021

Lot Size 1,061 Sqft

Source California Regional MLS

Property Description

Income-producing investment opportunity in Fontana's gated El Paseo community! Currently tenant-occupied at $3,200 per month, representing $38,400 in annualized gross rental income, with an existing lease through May 2027. Tenants pay all utilities. Built in 2021, this 1,677-square-foot corner-unit condominium features three bedrooms, a versatile loft, and an attached two-car garage. The front entry faces the community pool, offering an attractive pool view, with the clubhouse and parking conveniently nearby. The kitchen is centered around a large granite island with new white cabinets and stainless-steel appliances, including a refrigerator. This home offers abundant natural light throughout, enhanced by plantation shutters on every floor, luxury plank flooring downstairs, and custom carpeting upstairs. Community amenities include a pool, spa, and outdoor barbecue area. Solar panels are leased; buyer to verify solar lease terms, payment obligations, and transfer requirements. An opportunity to purchase a rental property with an established tenancy in place. Buyer and buyer's agent to independently verify square footage, lease terms, income, expenses, HOA requirements, and all property information.

Location

State CA

County San Bernardino

Area 264 - Fontana

Rooms

Kitchen Ice Maker, Dishwasher, Freezer, Garbage Disposal, Microwave

Interior

Heating Central Forced Air

Cooling Central AC

Laundry In Laundry Room, Upper Floor

Exterior

Parking Features Garage, Gate / Door Opener

Garage Spaces 2.0

Pool Community Facility, Spa - Community Facility

Roof Type Tile

Building

Water Hot Water, District - Public

Others

Tax ID 0240553470000

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

7155 Citrus Fontana, CA 92336

John Fagan

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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7155 Citrus