8200 Cherry Avenue, Fontana, CA 92335
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
8200 Cherry Avenue,Unincorporated, CA 92335
$5,500,000
- - Beds
- - Baths
- 1,000 sq. ft.
- Multi-family
- Active
Listed by: dimitre petrov
Office: cri209-845-3861
MLS#:OC26178546
Source:CRMLS
Price summary
- Price:$5,500,000
- Price per sq. ft.:$5,500
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
- Year built:1952
- Listing ID #:OC26178546
- Added:44 day(s) ago
- Updated:September 28, 2026 at 12:21 PM
Rooms and interior
- Living area:1,000 sq. ft.
Structure and exterior
- Year built:1952
- Building area:1,000 sq. ft.
- Lot area:4.55 Acres
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$5,500
Features and amenities
- Pool features:Private
Parking
- Parking description:Gravel
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