16466 Arrow, Fontana, California 92335, Fontana, 92335 - 0 bed, 0 bath
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Fontana, California 92335
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $740,000—positioned well below the $862,318 Fair Market Value by 14%. This valuation gap offers $122,318 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 3, the property includes modern shaker-style cabinetry and wood-look tile, ensuring immediate rental appeal. With a 9% cap rate and long-term tenants, this is a turnkey asset ideal for Buy-and-Hold Investors or Portfolio Expanders seeking consistent cash flow.
Property is move-in ready.
While built in 1948, the property has undergone significant recent renovations. The kitchens feature modern shaker-style cabinetry, updated countertops, and stainless steel hoods. The flooring has been updated to wood-look tile and the units appear well-maintained and move-in ready, though the presence of window AC units suggests older mechanical systems.
The property features an impressive approximate 9% cap rate, offering a significantly higher return on investment compared to typical residential income assets in Southern California.
With long-term tenants already in place, this duplex provides a turnkey opportunity for investors to secure consistent rental income from day one without vacancy or marketing costs.
The property consists of two 3-bedroom units, which are highly sought after in the Fontana rental market and generally command higher rents and lower turnover than smaller units.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 850.
Built in 1948, the property's age may necessitate higher ongoing maintenance costs or future capital expenditures for aging plumbing, electrical, and structural systems.
The 3-bedroom, 1-bath layout may be considered less competitive for modern families, potentially limiting the ceiling for future rent increases compared to units with multiple bathrooms.
Investor's dream opportunity! This well-maintained duplex features two 3-bedroom, 1-bath units with long-term tenants already in place, providing immediate and consistent cash flow. With minimal landlord expenses and an approximate 9% cap rate, this property offers strong returns and excellent investment potential. Whether you're looking to expand your portfolio or secure a turnkey income-producing asset, this duplex is a rare find that won't last long. Call today for more information!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,000 | 2,870 | 43% |
| Lot Size | 7,000 | 9,088 | 14% |
| Price | $740.0K | $950.0K | 29% |
| Price per sq ft | $370 | $369 | 57% |
| Built year | 1948 | 1953 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 223 | 14% |
May 28, 2026
$740,000
Initial Listing
Oct 2, 2017
$365,000
Public Record
Jul 29, 2009
$126,000
Public Record
Nov 6, 2003
$255,000
Public Record