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Listed by MARCUS & MILLICHAP
$ 2,115,000
Est. payment /mo
Pending
8582 Tamarind Fontana, CA 92335
7,548 SqFt
UPDATED:
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