17425 Arrow, Fontana, California 92335, Fontana, 92335 - 2 bed, 1 bath
ACTIVE$249,999$819/sqft
17425 Arrow, Fontana, California 92335
2Beds
1Bath
819Sqft
1,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Value-Add Potential: The property is explicitly marketed as an ideal opportunity for investors, flippers, or buyers looking to renovate and add significant value, indicating a clear path for equity growth.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1000, other record lot size in square feet = 819.
Compared to the nearby listings
Price:$250.0K vs avg $320.0K ($-70,001)15%
Size:819 sqft vs avg 1,116 sqft8%
Price/sqft:$305 vs avg $31146%
More Insights
Built in 1980 (46 years old).
Condition: Built in 1980, this condo features original kitchen and bathroom components that are severely outdated, show significant wear, damage, and neglect. The kitchen has old, damaged cabinets, worn laminate countertops, an old stove, and outdated lighting. The bathroom exhibits an old vanity, tiled countertop, and a tub/shower combo with visible grime and potential mold. Throughout the unit, walls are dirty, paint is peeling, and general maintenance is lacking. This condition necessitates substantial repairs and rehabilitation, aligning with the 'Poor' score criteria.
Year Built
1980
Close
-
List price
$250K
Original List price
$250K
Price/Sqft
$305
HOA
$366
Days on market
-
Sold On
-
MLS number
TR26002221
Home ConditionPoor
Features
View-
About this home
Desirable single story lower level 2bedroom, 1bath condo with strong value potential. Features include a functional layout with tile flooring, spacious living area, and original kitchen and bath. Ideal opportunity for investors, flippers or buyers looking to renovate and add value. Convenient community location centrally located close all services including schools, shopping centers, freeways, and transportation. Thank you for showing.
S
Sandro Ustrell
Listing Agent
Price History
Date
Event
Price
04/21/16
Sold
$72,000
04/29/13
Sold
$50,000
12/28/01
Sold
$46,000
Condition Rating
Poor
Built in 1980, this condo features original kitchen and bathroom components that are severely outdated, show significant wear, damage, and neglect. The kitchen has old, damaged cabinets, worn laminate countertops, an old stove, and outdated lighting. The bathroom exhibits an old vanity, tiled countertop, and a tub/shower combo with visible grime and potential mold. Throughout the unit, walls are dirty, paint is peeling, and general maintenance is lacking. This condition necessitates substantial repairs and rehabilitation, aligning with the 'Poor' score criteria.
Pros & Cons
Pros
Strong Value-Add Potential: The property is explicitly marketed as an ideal opportunity for investors, flippers, or buyers looking to renovate and add significant value, indicating a clear path for equity growth.
Accessible Price Point: Listed at $249,999, this condo offers a highly competitive and accessible entry-level price for a 2-bedroom unit in the California market, appealing to first-time buyers and investors.
Prime Central Location: Conveniently located close to essential services including schools, shopping centers, freeways, and public transportation, enhancing daily living and future resale appeal.
Single-Story, Lower-Level Accessibility: Being a single-story, lower-level unit offers easy access and eliminates stairs, appealing to a broad demographic including seniors or those with mobility considerations.
Functional Layout with Durable Flooring: The property features a functional layout and tile flooring throughout the main living areas, providing a practical and easy-to-maintain foundation for future renovations.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1000, other record lot size in square feet = 819.
Outdated Kitchen and Bath: The description notes 'original kitchen and bath,' indicating a significant need for modernization and renovation, which will incur additional costs for the buyer.
Age of Property & Potential System Updates: Built in 1980, the property is 44 years old, suggesting that major systems (e.g., plumbing, electrical, HVAC if any) may be original or nearing the end of their lifespan, potentially requiring future investment.
Monthly Association Fees: A monthly association fee of $366.0 adds a notable recurring cost to ownership, which can impact overall affordability and budget for potential buyers.