True value-add opportunity by replacing current below market rents & continuing unit renovations. / 6.25% ProForma Cap Rate / ProForma Rents will be achieved with new lease ups. / Rents for subject property are approximately 40% under market per recent rental survey conducted. / Excellent Unit Mix of 70% 2-Bedroom, 2- Bathroom Units (40), & 30% 1-Bedroom, 1- Bathroom Units (16). First time to the market in 30+ years. True value-add opportunity, with rents for subject property being approximately 40% under market. Welcome to this exceptional 56-unit apartment building the Mango Tree Apartments, ideally located in the heart of Fontana, CA. Built in 1985 and set on a generous 2.43-acre lot, this property offers a perfect blend of comfort and convenience for residents. The community features 16 spacious one-bedroom, one bathroom units and 40 two-bedroom, two-bathroom units. Residents benefit from private balconies, perfect for relaxing and enjoying the surroundings.
Property Details
Property Features
Property Information:
Year Built: 1985
Stories: 2
Listing Office:
Office Name: LE INVESTMENT GROUP
Office Phone: (909) 256-7889
Listing Agent: ALBERT LE
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 2.43 Acres
Other
Directions Information:
Directions: 8021 Mango Ave, Fontana, CA 92336
Price Information
Listing Price Info
Price Summary:
List Price: $12,500,000
Tax Information:
Annual Amount: $46,263
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Fontana, CA.
This property is $11.8M more than the Median Sold Price in Fontana, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #IV24168540
Listing Office:
Office Name: LE INVESTMENT GROUP
Office Phone: (909) 256-7889
Listing Agent: ALBERT LE
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/3/2024, 11:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 20, 1988
Dec 20, 1988Home Sold
$2,485,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$46,263
$4,308,287
2020
$44,741
$4,264,111
2019
$45,429
$4,180,501
2018
$45,174
$4,098,530
2017
$44,415
$4,018,167
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
North Tamarind Elementary School
7961 Tamarind Ave
Distance between this listing and this school0.51 miles
Public District Grades KG-6
3
/10
Juniper Elementary School
7655 Juniper Ave
Distance between this listing and this school0.68 miles
Public District Grades KG-5
3
/10
Mango Elementary School
7450 Mango Ave
Distance between this listing and this school0.72 miles
Public District Grades KG-5
Nearby Schools
4
/10
Fontana Middle School
8425 Mango Ave
Distance between this listing and this school0.53 miles
Public District Grades 6-8
4
/10
Alder Middle School
7555 Alder Ave
Distance between this listing and this school1.06 miles
Public District Grades 6-8
3
/10
Almeria Middle School
7723 Almeria Ave
Distance between this listing and this school1.70 miles
Public District Grades 6-8
Nearby Schools
2
/10
Eric Birch High (Continuation)
7930 Locust Ave
Distance between this listing and this school1.19 miles
Public District Grades 10-12
5
/10
A.B. Miller High School
6821 Oleander Ave
Distance between this listing and this school1.82 miles
Public District Grades 9-12
6
/10
Fontana High School
9453 Citrus Ave
Distance between this listing and this school2.23 miles
The neighbors living near this home have an average income of $38,173. The majority of Fontana, CA residents have income between $35k-100k annually. The majority of families are single, with kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Living In Fontana, CA
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Fontana, CA?
Fontana's housing market is diverse, offering a range of options from single-family homes to multi-family units. The architectural styles vary, with a noticeable presence of contemporary and ranch-style homes. The housing landscape is primarily composed of single-family residences, with a homeownership rate that reflects a community invested in long-term residency. The area has seen growth with new housing developments, complementing the existing homes that largely date back to the late 20th century.
What are the advantages of living in Fontana, CA?
Fontana prides itself on a vibrant community spirit, underscored by events like the Fontana Days Festival and the local farmers' market. The city's character is defined by its family-friendly atmosphere and a strong sense of local pride. Recreational areas and community parks contribute to the city's inviting ambiance, offering residents a place to gather and enjoy outdoor activities.
Are essential services in Fontana, CA convenient?
The city is served by a robust educational system, including numerous public schools across all levels and a selection of private institutions, some with religious affiliations. Healthcare is accessible through several clinics and a regional hospital that provides comprehensive services. Fontana's public library system supports the community's educational and cultural needs. Retail and dining options are plentiful, reflecting the local culture and catering to a variety of tastes.
How do Fontana, CA residents get around?
Fontana's transportation infrastructure supports both private and public transit options. The city's road network includes convenient access to major highways, facilitating travel and commuting. Public transportation services are available, with bus routes connecting key areas of the city. While ride-sharing services are operational, the frequency and coverage may vary. The city is also making strides to improve walkability and bikeability in several neighborhoods, enhancing the overall accessibility for residents.
Frequently Asked Questions About 8021 Mango Ave
What is the listing price of this property?
The listing price of 8021 Mango Ave property is $12,500,000.
What type of property is this?
The property 8021 Mango Ave is a condo located in Fontana, California, 92336.
Is this property for sale now?
Active Listing: 8021 Mango Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $46,263 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 20, 1988 for $2,485,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 8021 Mango Ave is 1985.
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This home is located at 8021 Mango Ave in Fontana, CA and zip code 92336. This home, which was built in 1985, sits on a 2.43 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $12,500,000.
While more than 42 listings in Fontana, CA in November 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 30 were sold below. The inventory of homes for sale in Fontana, CA between October 2024 and November 2024 decreased by 14.5%. Listings spent 28 days on the market in November 2024, and had a median list price of $637,141 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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