8200 Cherry Avenue, Unincorporated, CA 92335
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Gloria Shepard

Gloria Shepard

+1(619) 889-8498
$ 5,500,000
Est. payment | /mo

4.55 Acres Lot

Save
$ 5,500,000
Est. payment | /mo
Save

4.55 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26178546

Lot Size 4.547 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County San Bernardino

Zoning Appraiser

Direction 8200 Cherry Ave, Fontana CA

Interior

Fireplace No

Exterior

Pool Private

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 0230051100000

Acceptable Financing Conventional

Listing Terms Conventional

MLS Router / San Diego MLS
Listed by Dimitre Petrov, DRE#02071423 CRI 

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Gloria Shepard

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Gloria Shepard, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8200 Cherry Avenue

QUICK SEARCH