15909 Merrill Ave, Fontana, CA 92335
- $11,995,000
- List Price
- $11,995,000
- Status
- ACTIVE
- MLS#
- IV26219055
- Year Built
- 2025
- Lot Size
- 81,617
- Acres
- 1.87
- Lot Location
- 11-15 Units/Acre
- Days on Market
- 2
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
RARE INVESTMENT OPPORTUNITY! BRAND-NEW 25-UNIT LUXURY TOWNHOME COMMUNITY IN THE HEART OF FONTANA! Completed in 2025 and 100% occupied since completion, Merrill Townhomes offers an exceptional opportunity to acquire a turnkey, income-producing investment property in a highly desirable rental location. Conveniently located near schools, shopping, restaurants, and major freeways. This unique development features 25 residential units on 20 individually subdivided parcels, consisting of 15 individual condominiums and 5 condominiums with ADUs, distributed among 6 buildings. The property offers 33,471 SF of living area, 9,160 SF of garage space, 909 SF of covered porches, 285 SF of covered patios, and 1,666 SF of balconies. Twenty units feature private two-car garages. STATE-OF-THE-ART CONSTRUCTION WITH EXTENSIVE LUXURY UPGRADES! Features include decorative stamped concrete walkways and parking areas, concrete backyard patios, block-wall privacy divisions, premium hard-surface flooring throughout, upgraded cabinetry, countertops, plumbing and lighting fixtures, and glass shower enclosures. An exceptional investment with strong rental demand, modern construction, minimal near-term maintenance, and a unique subdivision configuration. With today’s rising land prices, construction costs, and development fees, a comparable property would be extremely difficult and costly to reproduce. 25 UNITS | 20 SUBDIVIDED PARCELS | BUILT IN 2025 | 100% OCCUPIED | PRIME FONTANA LOCATION!
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Mountain(s)
- Roof
- Concrete
- Garage Spaces Total
- 40
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Block Walls, Recessed Lighting, All Bedrooms Up
- Attached Structure
- Attached
- Number Of Units Total
- 25
- Gross Scheduled Income
- $76,100
- Operating Expense
- 19298
Listing courtesy of Listing Agent: SHAREEF AWAD (shareefawad@sbcglobal.net) from Listing Office: EMAAR ENTERPRISE.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.