Fontana, CA 92335,8582 Tamarind
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Yeimalis Acevedo-Rasmussen

Yeimalis Acevedo-Rasmussen

+1(925) 487-2182
Listed by Kevin Struve • MARCUS & MILLICHAP
$ 2,115,000
Est. payment | /mo

7,548 SqFt


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$ 2,115,000
Est. payment | /mo
Save

7,548 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 7,548 sqft

Price per Sqft $280

MLS Listing ID CRCV25252493

HOA Y/N No

Year Built 1985

Lot Size 0.496 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

The Tamarind Avenue Apartments are located at 8582 Tamarind Avenue in Fontana, California. Built in 1985, the property sits on approximately 0.50 acres and offers ±7,548 rentable square feet. The unit mix features a majority two-bedroom units along with one-bedroom layouts, appealing to a broad tenant base. Amenities include on-site parking with 13 covered carports and 4 open spaces (approximately 1.9 spaces per unit), a shared laundry room, and select units with private balconies. The property demonstrates strong in-place financials, with additional upside through continued rent growth as several units remain below market levels. The new owner will also benefit from recent improvements, including all HVAC condensers replaced within the past five years and upgraded water lines for the two-bedroom units completed approximately three years ago. Situated in Fontana, one of the fastest-growing cities in the Inland Empire, the asset benefits from steady rental demand fueled by the region's expansive logistics and warehousing industry. Nearby employment hubs include Amazon fulfillment centers, Kaiser Permanente Medical Center, Ontario International Airport, and major distribution centers for UPS, FedEx, and Walmart. The location also offers excellent accessibility to I-10, I-15, and C

Location

State CA

County San Bernardino

Interior

Fireplace No

Laundry Other

Bay East Association of Realtors

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Yeimalis Acevedo-Rasmussen
Yeimalis Acevedo-Rasmussen

Broker-Owner | Lic# CA 01727676 | TX 9014437

+1(925) 487-2182

22392 Foothills Blvd Hayward, CA 94541, USA

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8582 Tamarind