Properties
Fontana, CA 92336 16929 Reed
$1,050,000
14 more
Presented By: Michelle Bagi with REALTY MASTERS & ASSOCIATES; 909-642-0201
Baths • 1
SQFT • 3,020
Garage • 4
Home Details
4-unit Quadplex with over 3,000 sq ft of living space on an approximately 8,100 sq ft lot. The property offers a desirable unit mix of two 1 bed/1 bath units and two 2 bed/1 bath units, providing strong rental income !
UPDATED PLUMBING APPROX. 5 years ago!!!!
UPGRADED INTERIORS - Tile Flooring in 3 Units, Upgraded Carpet in Remaining Unit, Upgraded Cabinets in Kitchen, Upgraded Quarts Counter Tops.
Additional income is generated from on-site laundry facilities, helping offset operating expenses. The property also includes four garage spaces, offering valuable tenant amenities and potential added rental income.
Well suited for investors seeking a stable, income-producing property with upside potential.
Presented By: Michelle Bagi with REALTY MASTERS & ASSOCIATES; 909-642-0201
Interior Features for 16929 Reed
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level2
General for 16929 Reed
Additional Parcels Y/NNo
AppliancesDryer
Building Area UnitsSquare Feet
CityFontana
Community FeaturesStreet Lights
CountySan Bernardino
DirectionsMajor intersections Sierra and Reeds St.
Entry LocationFront door
Fuel Expense1200
Garage Spaces4
Garage Y/NYes
Gross Income78600
HOANo
HOA Fee$
Insurance Expense1500
Land Lease Y/NNo
LevelsMulti/Split
Listing TermsCash, Conventional, 1031 Exchange, Submit
Lot Size Square Feet8100
Lot Size UnitsSquare Feet
MLS Area264 - Fontana
MaintenanceExpense300
Net Operating Income73300
New ConstructionNo
Number Of Units Total4
Operating Expense5300
Pool FeaturesNone
PostalCityFONTANA
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount10268
Tax Lot14
Tenant PaysCable TV, Electricity, Gas, Telephone
Trash Expense1200
Water Sewer Expense1400
Year Built1962
Year Built SourceSee Remarks
Exterior for 16929 Reed
Building Area Total3020
Lot Features2-5 Units/Acre
Lot Size Acres0.186
Lot Size Area8100
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters5
Number of Separate Water Meters1
Parking FeaturesGarage, Garage Faces Side
Private PoolNo
Total Parking4
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
