7155 Citrus Unit 442, Fontana, CA 92336

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List Price
$550,000
Status
ACTIVE
MLS#
TR26230089
Year Built
2021
Lot Size
1,061
Acres
0.02
Days on Market
1
Property Type
Multifamily
Property Sub Type
Townhouse
Stories
Two Levels

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.

Additional Information

HOA
204
Frequency
Monthly
Second HOA
$101
Association Amenities
Clubhouse, Playground, Pool, Spa/Hot Tub
Appliances
Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Water Heater
Pool Description
Association
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Pool
Roof
Tile
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Up
Attached Structure
Attached
Number Of Units Total
1
Gross Scheduled Income
$38,400
Operating Expense
14960

Listing courtesy of Listing Agent: Oliver Yang (homebyoliver@gmail.com) from Listing Office: Cubemax International Corp..

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.