16516 Upland Avenue, Fontana, California 92335, Fontana, 92335 - bed, bath
ACTIVE UNDER CONTRACT$1,050,000
16516 Upland Avenue, Fontana, California 92335
0Bed
0Bath
3,468Sqft
12,690Lot
Year Built
1953
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$303
HOA
-
Days on market
-
Sold On
-
MLS number
CV25253011
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.05M(82th), sqft - 3468(91th), beds - undefined(50th), baths - undefined(50th).
This Quadraplex offers 4 units, each with 2 bedrooms and 1 bathroom. The back two units have been newly remodeled. Each of these two units have a brand new kitchen with quartz counter tops, new carpet, fresh paint, and a completely remodeled bathrooms. All units come with interior washer and dryer hookups and a single space under carport. Location is ideal being just below foothill and across the street from a new park/soccer complex.
Price History
Date
Event
Price
11/03/25
Listing
$1,050,000
Condition Rating
Fair
The property was built in 1953, making it over 70 years old. While two of the four units have been newly remodeled with modern kitchens (quartz countertops, new cabinets) and bathrooms (new vanities, modern tiling, new fixtures), new carpet, and fresh paint, the other two units are not described as renovated. This indicates a mixed condition, with half the property being in excellent, move-in ready shape, and the other half likely requiring significant updates to match. The presence of window AC units also suggests older cooling systems for at least some units, preventing an overall 'Good' rating despite the recent renovations to half the property.
Pros & Cons
Pros
Multi-Unit Income Potential: As a quadraplex, the property offers four distinct income streams, providing excellent cash flow potential and diversification for an investor.
Recent Unit Renovations: Two of the four units have been newly remodeled with brand new kitchens (quartz countertops), new carpet, fresh paint, and completely remodeled bathrooms, enhancing tenant appeal and rental value for those units.
Tenant-Friendly Amenities: All units include interior washer and dryer hookups, a highly desirable feature for tenants that adds convenience and marketability.
Dedicated Parking: Each unit is allocated a single carport space, providing convenient and dedicated off-street parking for residents.
Prime Location: The property boasts an ideal location just below Foothill and directly across the street from a new park/soccer complex, offering recreational opportunities and enhancing desirability for potential tenants.
Cons
Partial Renovation Scope: Only two of the four units have been remodeled, indicating that the remaining two units may require significant investment to match the updated standards, potentially impacting overall rental income or requiring staggered capital expenditures.
Property Age: Built in 1953, the property is over 70 years old, which could suggest potential for aging infrastructure (e.g., plumbing, electrical, roof) in the un-remodeled units or common areas, leading to higher maintenance and repair costs.
Limited Parking Capacity: While each unit has a single carport, the description does not mention additional guest parking or ample street parking, which could be a challenge for multi-tenant properties with multiple vehicles per household.