16748 Athol Street, Fontana, California 92335, Fontana, 92335 - bed, bath
ACTIVE$699,000
16748 Athol Street, Fontana, California 92335
0Bed
0Bath
1,571Sqft
9,450Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Potential: Duplex property offers immediate income generation through two separate units.
Top Cons:
As-Is Condition: Property is sold in 'As-Is' condition, potentially requiring immediate repairs or renovations.
Compared to the nearby listings
Price:$699.0K vs avg $775.0K ($-76,000)45%
Size:1,571 sqft vs avg 1,728 sqft27%
Price/sqft:$445 vs avg $40464%
More Insights
Built in 1952 (73 years old).
Condition: The property was built in 1952. The listing mentions 'Sold-As-Is with no repairs' and 'Current rent is below the market,' suggesting it needs updates. The exterior images show a property that is aged and requires some TLC. While functional, it likely needs updates to the kitchen and bathrooms to meet current standards.
Year Built
1952
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$445
HOA
-
Days on market
-
Sold On
-
MLS number
CV25146645
Home ConditionFair
Features
View-
About this home
It’s rare to find a Duplex with almost 10,000 sqft lot. Each unit has its own separate driveway, electric meter, gas meter, garage and address (16744 and 16748). Each unit has 2 Beds and 1 Bath, which can be expanded to add another bedroom and bathroom for a total of two units with 3 Beds/2 Bath each; or convert each Garage to a Studio unit. Check with the City of Fontana. Sold-As-Is with no repairs. Current rent is below the market. Do not disturb the tenants. Please submit offer subject to interior inspection.
Condition Rating
Fair
The property was built in 1952. The listing mentions 'Sold-As-Is with no repairs' and 'Current rent is below the market,' suggesting it needs updates. The exterior images show a property that is aged and requires some TLC. While functional, it likely needs updates to the kitchen and bathrooms to meet current standards.
Pros & Cons
Pros
Income Potential: Duplex property offers immediate income generation through two separate units.
Large Lot Size: Almost 10,000 sqft lot provides ample space for potential expansion or development.
Separate Utilities: Each unit has its own separate driveway, electric meter, and gas meter, simplifying tenant management and billing.
Expansion Potential: Opportunity to expand each unit to 3 Beds/2 Baths or convert garages to studio units, increasing rental income.
Location: Located in Fontana, offering access to local amenities and transportation.
Cons
As-Is Condition: Property is sold in 'As-Is' condition, potentially requiring immediate repairs or renovations.
Below Market Rent: Current rent is below market value, requiring immediate attention to maximize income potential.
Tenant Occupied: Property is tenant-occupied, requiring coordination and potentially limiting immediate access for renovations or viewings.