16748 Athol Street, Fontana, California 92335, Fontana, - bed, bath
ACTIVE$699,000
16748 Athol Street, Fontana, California 92335
0Bed
0Bath
1,571Sqft
9,450Lot
Year Built
1952
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25146645
Home ConditionFair
Features
View-
About this home
It’s rare to find a Duplex with almost 10,000 sqft lot. Each unit has its own separate driveway, electric meter, gas meter, garage and address (16744 and 16748). Each unit has 2 Beds and 1 Bath, which can be expanded to add another bedroom and bathroom for a total of two units with 3 Beds/2 Bath each; or convert each Garage to a Studio unit. Check with the City of Fontana. Sold-As-Is with no repairs. Current rent is below the market. Do not disturb the tenants. Please submit offer subject to interior inspection.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,571 | 1,728 | 29% |
| Lot Size | 9,450 | 9,940 | 43% |
| Price | $699K | $775K | 43% |
| Price per square foot | $445 | $426 | 57% |
| Built year | 1952 | 1952 | 50% |
| HOA | |||
| Days on market | 129 | 142 | 43% |
Condition Rating
Fair
The property was built in 1952. The listing mentions 'Sold-As-Is with no repairs' and 'Current rent is below the market,' suggesting it needs updates. The exterior images show a property that is aged and requires some TLC. While functional, it likely needs updates to the kitchen and bathrooms to meet current standards.
Pros & Cons
Pros
Income Potential: Duplex property offers immediate income generation through two separate units.
Large Lot Size: Almost 10,000 sqft lot provides ample space for potential expansion or development.
Separate Utilities: Each unit has its own separate driveway, electric meter, and gas meter, simplifying tenant management and billing.
Expansion Potential: Opportunity to expand each unit to 3 Beds/2 Baths or convert garages to studio units, increasing rental income.
Location: Located in Fontana, offering access to local amenities and transportation.
Cons
As-Is Condition: Property is sold in 'As-Is' condition, potentially requiring immediate repairs or renovations.
Below Market Rent: Current rent is below market value, requiring immediate attention to maximize income potential.
Tenant Occupied: Property is tenant-occupied, requiring coordination and potentially limiting immediate access for renovations or viewings.