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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.

Listed By CRMLS_CA / ERIC CHEN / CB RICHARD ELLIS / 626-757-5717

Last checked: Checking… • Last updated Mar 14, 2025 •

MLS# CV25056074 —

The Building

Year Built:

2024
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

21866.00
Building Area Units:

Square Feet
Total Number Of Units:

14
# of Buildings:

5
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

14
# of Separate Water Meters:

1
# of Separate Electric Meters:

14

Interior

Levels:

Two
Entry Location:

1
Laundry:

Gas & Electric Dryer Hookup, Washer Hookup
Laundry:

1

Location

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
Latitude:

34.08623000
Longitude:

-117.44428600

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

11-15 Units/Acre
Lot Size Area:

38160.0000
Lot Size Acres:

0.8760
Lot Size SqFt:

38160.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

003102
Tax Tract:

003102
Tax Lot:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

0193101630000

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

20.00
Garage Spaces:

16.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/13/25 Mar 13, 2025	Listed / Active	CRMLS_CA	$6,600,000	3284.6% (615.6% / YR)
10/17/24 Oct 17, 2024	Price Changed	CRMLS_CA
8/26/24 Aug 26, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Fontana, CA 92335 is currently for sale for $6,600,000. 9223 Cypress Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. This multifamily is in the attendance area of Fontana High School, Randall Pepper Elementary School, and Harry S. Truman Middle School.

Listing Courtesy of: CRMLS_CA and CB RICHARD ELLIS. Based on information from California Regional Multiple Listing Service, Inc. as of 17:48 on Mar 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.