First time to the market in 30+ years. True value-add opportunity, with rents for subject property being approximately 40% under market. Welcome to this exceptional 56-unit apartment building the Mango Tree Apartments, ideally located in the heart of Fontana, CA. Built in 1985 and set on a generous 2.43-acre lot, this property offers a perfect blend of comfort and convenience for residents. The community features 16 spacious one-bedroom, one bathroom units and 40 two-bedroom, two-bathroom units. Residents benefit from private balconies, perfect for relaxing and enjoying the surroundings.
MLS | IV24168540 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1985 |
Days On Site | 59 |
Listing Provided By | LE INVESTMENT GROUP 909-256-7889 | ALBERT LE |
SQ Feet | 41,880 |
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Car Port | Yes |
Pool | Yes |
Story(s) | 2 |
Units | 56 |
Building(s) | 7 |
Acreage | 2.43 |
State | CA |
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County | San Bernardino |
City | Fontana |
Zip Code | 92336 |
Area | 264 Fontana |
Listing VS Median (in 92336) | |
Price: $12,999,999 low | high Med: $699,900 SqFt: 41,880 low | high Med: 2,313 $ / SqFt: $310 low | high Med: $303 On Site: 59 low | high Med: 54 |