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- LoopNet Team
17904 Foothill Blvd
Fontana, CA 92335
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Profitable Net Operating Income
- Great condition
- Great tenants
- Must sell
PROPERTY FACTS
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
ABOUT 17904 FOOTHILL BLVD , FONTANA, CA 92335
Send Offer and let's make a deal. Opportunity here in this well kept building with good tenants. Must see, drive by only for now. Upstairs tenant is a residential floor, paying: $900 per month. Downstairs are 2 retail locations, 1 business is a car accessories business paying: $1,050 per month and the other retail location is a barbershop paying: $1,000 per month. All tenants are month to month. Can potentially increase rent, depending on their lease agreement. Our calculations are as follows: Scheduled Gross Income = $35,400 ($2,950 x 12 months) -5% Vacancy Factor = -$1,770 = Gross Operating Income = $33,630 -10% Expenses = $3,363 -$2,795.03 for Property Taxes -$2,975 for Insurance -$600 for Water per year = Net Operating Income = $23,896.97.
PROPERTY TAXES
| Parcel Number | 0243-121-25 | Improvements Assessment | $160,330 |
| Land Assessment | $50,691 | Total Assessment | $211,021 |
PROPERTY TAXES
