Description
This property is perfect for investors looking for a unique opportunity to expand their rental income or first-time home buyers who are looking for additional income source with a newly permitted ADU. The main house features a spacious 1414 sqft with 3 bedrooms and 2 bathrooms with vaulted ceilings in the living room, upgraded electric panel, new paint and new laminate flooring throughout. Its currently occupied by tenant and renting at $2,650/month. The ADU is fully permitted 720 sqft and was newly renovated in 2023; it features 2 bedrooms, 1 bathroom with an inside laundry area. Upgrades include new split AC units in each room and new laminated flooring. The kitchen features new appliances, new countertops, and cabinets. This attached ADU has a separate private entrance from the side. The existing solar panels are under the grandfathered favorable NEM 2.0 tariff. The large backyard is great for family/friends gatherings; it has plenty of potential in the huge space to add your own personal garden or landscaping touches. This property is an attractive investment opportunity. Rent out the front unit and live in the back unit, or rent out all the units. Just a short walk to Fontana Central City Park. A short drive to shopping centers, Victoria Gardens, Ontario Mills, schools, and easy freeway access.
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5BEDS
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0.17ACRES
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3BATHS
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01/2 BATHS
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2,134SQFT
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$365$/SQFT
Description
This property is perfect for investors looking for a unique opportunity to expand their rental income or first-time home buyers who are looking for additional income source with a newly permitted ADU. The main house features a spacious 1414 sqft with 3 bedrooms and 2 bathrooms with vaulted ceilings in the living room, upgraded electric panel, new paint and new laminate flooring throughout. Its currently occupied by tenant and renting at $2,650/month. The ADU is fully permitted 720 sqft and was newly renovated in 2023; it features 2 bedrooms, 1 bathroom with an inside laundry area. Upgrades include new split AC units in each room and new laminated flooring. The kitchen features new appliances, new countertops, and cabinets. This attached ADU has a separate private entrance from the side. The existing solar panels are under the grandfathered favorable NEM 2.0 tariff. The large backyard is great for family/friends gatherings; it has plenty of potential in the huge space to add your own personal garden or landscaping touches. This property is an attractive investment opportunity. Rent out the front unit and live in the back unit, or rent out all the units. Just a short walk to Fontana Central City Park. A short drive to shopping centers, Victoria Gardens, Ontario Mills, schools, and easy freeway access.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T09:29:06.443. 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 deemed reliable but is not guaranteed accurate by the MLS or The Hertz Group. Licensed in the State of California, USA.