16296 Merrill
Fontana, CA, 92335 $ 13,830,000
Bedrooms-- Baths1.0 Sq 40,084 Monthly Estimate*
$ 95,520
Listed by Grady Liu, MacroReal Inv Grp Inc., gradyl@macroreal.com
for $13,830,000 with 1 full bath. This 40,084 square foot home was built in 1989 on a lot size of 2.1918.
**ALL PHOTOS ARE RENDERINGS AND ENHANCED FOR MARKETING PURPOSES ONLY. ACTUAL PROPERTY APPEARANCE, COLORS, MATERIALS, LANDSCAPING, AND FINISHES MAY VARY.** Las Brisas Apartments is a 52-unit, two-story garden-style multifamily community located at 16296 Merrill Avenue in Fontana, California. Built circa 1988, the property offers a highly desirable family-oriented unit mix consisting entirely of two- and three-bedroom floor plans, with approximately 85% two-bedroom units and 15% three-bedroom units. The community features a gated residential setting with covered parking, a swimming pool, laundry facilities, picnic/common outdoor areas, on-site management, and private patio or balcony-style outdoor spaces. Unit interiors offer functional layouts with air conditioning, heating, ceiling fans, dishwasher, disposal, range, and private outdoor space, creating a practical and comfortable living environment for renter households. Positioned near Merrill Avenue and Oleander Avenue, with convenient access to Interstate 10, public transportation, schools, shopping, and nearby employment corridors, Las Brisas Apartments offers investors a well-located Inland Empire multifamily asset with strong resident appeal and durable demand for larger rental units.
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FeaturesGeneralSewer Public Sewer
Garage Spaces 0
Pool Features Community
Year Built 1989
Property Subtype Mixed Use
Gross Income 0
Community Features Urban Pool
County San Bernardino
Net Operating Income 829862
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East of Citrus Ave
City Fontana
Entry Location Gound
Senior Community Y/N false
Number Of Units Total 52
MLS Area 264 - Fontana
Lot Size Units Square Feet
Lot Size Square Feet 95475
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Appraiser
Tax Lot 6
Property Sub Type Additional Mixed Use
Cap Rate 6
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InteriorTotal Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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ExteriorParking Features Assigned
Lot Features Lot Over 40000 Sqft
Water Source Private
Total Parking 0
Lot Size Area 95475
Number of Buildings 3
Building Area Total 40084
Lot Size Acres 2.1918
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 56
Number of Separate Electric Meters 56
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* Excluded FeaturesList ByMacroreal Inv Grp Inc.Broker
gradyl@macroreal.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $95,520
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Fontana, CA
Average List Price $2,021,376
Percent of Sale Price 85%
About Fontana, CA 212,716 Population
46% Since 2002
$ 65,703 Median Income
31.52 Median Age
47% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/3/2026 | $13,830,000 | | Listed Price |