16929 Reed, Fontana, California 92336, Fontana, 92336 - bed, bath
16929 Reed
Fontana, California 92336
Property Price
SUMMARY
Analysis of 16929 Reed, Fontana, California 92336 is currently available with a list price of $1,125,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fontana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property has undergone significant interior renovations, featuring modern kitchens with stainless steel appliances, updated cabinetry, and stone countertops. The bathrooms have been refreshed with contemporary vanities and tiled showers. While the building was originally constructed in 1962, the units are move-in ready with updated laminate flooring and neutral paint, though the exterior and garage structures show some expected age-related wear.
PROSSTRENGTHS & OPPORTUNITIES
- Diversified Unit Mix
The property features a balanced mix of two 1-bedroom and two 2-bedroom units, catering to a broad tenant base and minimizing vacancy risks.
- Multiple Revenue Streams
Beyond standard rents, the inclusion of on-site laundry facilities and four dedicated garage spaces offers significant potential for additional monthly income.
- Investment Stability
As a fully-functional quadplex in a growing Fontana market, this asset provides a stable income-producing opportunity with long-term upside potential.
CONSRISKS & DEFICIENCIES
- Property Age
Originally constructed in 1962, the building may require more frequent maintenance or updates to aging systems compared to newer multi-family developments.
- Significant Price Appreciation
With a listing price substantially higher than its 2021 sale price, investors will need to carefully evaluate current market rents to ensure the Cap Rate meets their yield requirements.
About 16929 Reed
Great investment opportunity featuring a 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 appeal. 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.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1962
- Lot Size
- 8,100 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,020 | 3,452 | 50% |
| Lot Size | 8,100 | 9,400 | 50% |
| Price | $1.12M | $1.19M | 50% |
| Price per sq ft | $373 | $347 | 50% |
| Built year | 1962 | 1994 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 137 | 50% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,125,000
Initial Listing
Sold
Aug 27, 2021
$740,000
Public Record
Sold
Apr 30, 2003
$265,000
Public Record
Sold
Apr 14, 2000
$165,000
Public Record
Sold
Nov 2, 1993
$165,000
Public Record