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8582 Tamarind Fontana, CA $ 2,115,000
8582 Tamarind
$ 2,115,000
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8582 Tamarind

Fontana, CA, 92335
$ 2,115,000
Baths1.0 Sq 7,548

Monthly Estimate*

$ 13,195

Listed by MARCUS & MILLICHAP
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Studio

Multi-Family Home for sale in Fontana, CA

for $2,115,000 with 1 full bath. This 7,548 square foot home was built in 1985 on a lot size of 0.4963.

The Tamarind Avenue Apartments are located at 8582 Tamarind Avenue in Fontana, California. Built in 1985, the property sits on approximately 0.50 acres and offers ±7,548 rentable square feet. The unit mix features a majority two-bedroom units along with one-bedroom layouts, appealing to a broad tenant base. Amenities include on-site parking with 13 covered carports and 4 open spaces (approximately 1.9 spaces per unit), a shared laundry room, and select units with private balconies. The property demonstrates strong in-place financials, with additional upside through continued rent growth as several units remain below market levels. The new owner will also benefit from recent improvements, including all HVAC condensers replaced within the past five years and upgraded water lines for the two-bedroom units completed approximately three years ago. Situated in Fontana, one of the fastest-growing cities in the Inland Empire, the asset benefits from steady rental demand fueled by the region’s expansive logistics and warehousing industry. Nearby employment hubs include Amazon fulfillment centers, Kaiser Permanente Medical Center, Ontario International Airport, and major distribution centers for UPS, FedEx, and Walmart. The location also offers excellent accessibility to I-10, I-15, and CA-210 freeways, reinforcing tenant demand and long term market stability. Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property. For Further Information, Please Contact the Listing Agents.

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Multi-Family Contingent

Price

$ 2,115,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4963

Year Built

1985

Town/City

Fontana

County/Region

San Bernardino

MLS | Web ID

CV25252493

Days on Market

45

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1985
Tenant Pays Cable TV Electricity Gas
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 181800
Community Features Sidewalks
County San Bernardino
Net Operating Income 116771
Operating Expense 61975
Insurance Expense 9004
New Construction 0
Property Type Residential Income
HOA 0
Contingency None
MaintenanceExpense 8100
Garage Y/N 0
Special Listing Conditions Standard
Status Active Under Contract
Directions Tamarind Ave and Arrow Blvd
City Fontana
Entry Location front
Senior Community Y/N 0
Open Parking Spaces 4
Number Of Units Total 9
MLS Area 264 - Fontana
Lot Size Units Square Feet
Lot Size Square Feet 21620
Carport Spaces 13
Carport Y/N 1
Number of Units Leased 9
Listing Terms Cash Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 3000
Trash Expense 4000
Water Sewer Expense 6000
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Lot 1
Total Actual Rent 15150
Property Sub Type Additional Apartment
Taxes 22328
Cap Rate 5.52
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 0
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Exterior
Lot Features 16-20 Units/Acre
Water Source Public
Total Parking 17
Lot Size Area 21620
Number of Buildings 2
Building Area Total 7548
Lot Size Acres 0.4963
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
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* Excluded Features
List By
Marcus & Millichap

Broker

kevin.struve@marcusmillichap.com

Email

Affordability Calculator

$13,195
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Monthly Principal & Interest
$13,195
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Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,115,000 Listed Price

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8582 Tamarind, Fontana, CA, 92335 is a Multi-Family Home for sale at $2,115,000 with 7,548 sqft and a lot size of 0.4963. 8582 Tamarind is a studio with 1.0 baths and was built in 1985. The property's zip code is 92335 which is in Fontana, CA