8200 Cherry Avenue, Fontana, CA 92335
Local realty services provided by:CENTURY 21 Affiliated
8200 Cherry Avenue,Unincorporated, CA 92335
$5,500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: dimitre petrov
Office: cri
MLS#:OC26178546
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,500,000
About this home
Mobile Hacienda Park at 8200 Cherry Ave, Fontana, CA 92335 is a 100% occupied, all-age manufactured housing community in the highly supply-constrained Inland Empire - 50 mobile home spaces plus a manager's single-family residence on 4.55 acres along the Cherry Avenue/I-10 corridor, with convenient access to I-10, I-210, I-15, and major employers including Amazon, Target, UPS, and Kaiser Permanente. New park supply in Southern California is effectively zero, making existing communities functionally irreplaceable. All homes are tenant-owned: residents maintain their homes while the park collects lot rent and structurally lower expenses, capital requirements, and turnover than conventional multifamily, with long resident tenure and stable collections across cycles. Amenities include a pool, laundry facilities, paved interior streets, and mature trees. This fee-simple asset delivers immediate cash flow: in-place NOI of $349,134 (6.35% cap) with pro forma NOI of $370,280 (6.73% cap). Lot rents average $851 per month, below submarket levels, with yield growth through organic rent increases alone, no capital program required. Potential density expansion to as many as 90 spaces (buyer to verify) offers additional upside. Continued employment growth in the corridor and a persistent shortage of attainable housing underpin durable demand in one of Southern California's most resilient affordable housing sectors....
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Home facts
- Listing ID #:OC26178546
- Added:76 day(s) ago
- Updated:October 30, 2026 at 02:36 PM
Finances and disclosures
- Price:$5,500,000
Features and amenities
- Pool features:Private
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