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Listed by Oliver Yang • Cubemax International Corp.
$550,000
Est. payment /mo
1,677 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,677 sqft
Price per Sqft $327
MLS Listing ID TR-26230089
HOA Fees $204/mo
Year Built 2021
Lot Size 1,061 Sqft
Property Sub-Type Townhouse
Source California Regional Multiple Listing Service (CRMLS)
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
Interior
Heating Central
Flooring Vinyl
Fireplaces Type None
Laundry Individual Room, Upper Level
Exterior
Parking Features Garage, Garage - Single Door, Direct Garage Access
Garage Spaces 2.0
Pool Association
Community Features Curbs, Park, Sidewalks, Street Lights
View Y/N Yes
View Pool
Building
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900