9223 Cypress Avenue
Fontana, CA 92335
- – beds
- – baths
- – sqft
- ~1 acre lot
- 2024 build
- – on site
We are pleased to present the unique opportunity to acquire 9223 Cypress Ave, strategically located in Fontana, California. This brand-new 14-unit townhome development offers investors the chance to capitalize on the strong demand for high-quality housing in the Inland Empire while generating stable and attractive returns at a 5.05% CAP rate. The development is situated on ±38,160 square feet of land, with a total building area of ±21,866 square feet. Conveniently located near major highways, retail centers, and employment hubs, the property provides easy access to Interstate 10, Interstate 15, and State Route 210, ensuring seamless connectivity throughout the Inland Empire and Greater Los Angeles region. 9223 Cypress Ave comprises 14 townhome-style units with a mix of 2-bedroom/1.5-bathroom and 3-bedroom/2.5-bathroom floor plans. The modern, newly constructed residences feature high-end finishes, open-concept living areas, and private garages. Each unit is thoughtfully designed to include spacious layouts, contemporary kitchens, and in-unit laundry. Select units offer private patios or balconies, enhancing the overall living experience. Additionally, the community’s common area features include, a beautiful garden courtyard and picnic area for tenant enjoyment. Fontana is a thriving and rapidly growing city, known for its strong rental market, employment opportunities, and excellent access to transportation. The property benefits from its proximity to major retail centers, dining, parks, and recreational amenities, as well as key employment hubs such as the Inland Empire Logistics Centers and Kaiser Permanente Fontana Medical Center. The Fontana area’s demand for quality rental housing, combined with the property’s high quality construction and prime location, makes 9223 Cypress Ave an exceptional investment opportunity. This offering presents a rare chance to acquire a newly built, income-producing asset in one of Southern California’s most dynamic rental markets. Whether for a first-time purchaser, seasoned investor, or 1031 exchange buyer, 9223 Cypress Ave provides long-term stability and growth potential in an area with strong economic and demographic fundamentals.
Last checked:
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Last updated Mar 14, 2025
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MLS# CV25056074 —
The Building
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Year Built:2024
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:21866.00
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Building Area Units:Square Feet
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Total Number Of Units:14
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# of Buildings:5
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:14
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# of Separate Water Meters:1
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# of Separate Electric Meters:14
Interior
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Levels:Two
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Entry Location:1
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Laundry:Gas & Electric Dryer Hookup, Washer Hookup
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Laundry:1
Location
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Directions:Continue straight onto CA-60 W, Take exit 48 for Valley Way, Continue onto Armstrong Rd, Use the left 2 lanes to turn left onto Sierra Ave., Use the 2nd from the left lane to turn left onto Jurupa Ave, Turn right onto Cypress Ave
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Latitude:34.08623000
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Longitude:-117.44428600
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:11-15 Units/Acre
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Lot Size Area:38160.0000
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Lot Size Acres:0.8760
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Lot Size SqFt:38160.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:003102
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Tax Tract:003102
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0193101630000
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking Spaces:20.00
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Garage Spaces:16.00
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Uncovered Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/13/25
Mar 13, 2025
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Listed / Active | CRMLS_CA | $6,600,000 | 3284.6% (615.6% / YR) |
10/17/24
Oct 17, 2024
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Price Changed | CRMLS_CA | ||
8/26/24
Aug 26, 2024
|
Listed / Active | CRMLS_CA |