$6,600,000

9223 Cypress Ave Fontana, CA 92335

0.9 acres
Condo

Property details

About 9223 Cypress Ave

We are pleased to present the unique opportunity to acquire 9223 Cypress Ave, strategically located in Fontana, California. This brand-new 14-unit townhome development offers investors the chance to capitalize on the strong demand for high-quality housing in the Inland Empire while generating stable and attractive returns at a 5.05% CAP rate. The development is situated on ±38,160 square feet of land, with a total building area of ±21,866 square feet. Conveniently located near major highways, retail centers, and employment hubs, the property provides easy access to Interstate 10, Interstate 15, and State Route 210, ensuring seamless connectivity throughout the Inland Empire and Greater Los Angeles region. 9223 Cypress Ave comprises 14 townhome-style units with a mix of 2-bedroom/1.5-bathroom and 3-bedroom/2.5-bathroom floor plans. The modern, newly constructed residences feature high-end finishes, open-concept living areas, and private garages. Each unit is thoughtfully designed to include spacious layouts, contemporary kitchens, and in-unit laundry. Select units offer private patios or balconies, enhancing the overall living experience. Additionally, the community’s common area features include, a beautiful garden courtyard and picnic area for tenant enjoyment. Fontana is a thriving and rapidly growing city, known for its strong rental market, employment opportunities, and excellent access to transportation. The property benefits from its proximity to major retail centers, dining, parks, and recreational amenities, as well as key employment hubs such as the Inland Empire Logistics Centers and Kaiser Permanente Fontana Medical Center. The Fontana area’s demand for quality rental housing, combined with the property’s high quality construction and prime location, makes 9223 Cypress Ave an exceptional investment opportunity. This offering presents a rare chance to acquire a newly built, income-producing asset in one of Southern California’s most dynamic rental markets. Whether for a first-time purchaser, seasoned investor, or 1031 exchange buyer, 9223 Cypress Ave provides long-term stability and growth potential in an area with strong economic and demographic fundamentals.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.876 Acres
Year built2024
MLS #CV25056074
Garage16 spaces

Summary

  • MLS Number: CV25056074
  • MLS Name: CRMLS
  • Office Name: CB RICHARD ELLIS
  • Office Phone: (626) 757-5717
  • Listing Agent: ERIC CHEN

IDX 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: 3/14/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home featuring a residential view, stucco siding, a tile roof, and stone siding

$6,600,000

9223 Cypress Ave

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Price information

Property sales

DateEventPrice
Aug 16, 2019
Home Sold
$390,000
Nov 03, 2017
Home Sold
$390,000

Tax history

YearAssessmentProperty Tax
2024$3,318,157$4,308

History based on county public records data.

Nearby schools

3

Randall Pepper Elementary School

Public District KG-5

0.2 mi

16613 Randall Ave

7

Date Elementary School

Public District KG-5

0.3 mi

9011 Oleander Ave

5

Citrus Elementary School

Public District KG-6

0.6 mi

16041 Randall Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,464. Typical income of Fontana, CA residents is between $35k-100k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

36%
<35k
50%
35k-100k
10%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

20%
Single, No Kids
25%
Single, with Kids
18%
Married, No Kids
37%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
12%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Fontana, CA

About 9223 Cypress Ave

This home is located at 9223 Cypress Ave in Fontana, CA and zip code 92335. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2025 and is currently priced at $6,600,000.

In February 2025 more than 27 listings in Fontana, CA were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 16 were sold below. The number of homes for sale in Fontana, CA increased by 3.4% between January and February 2025. Listings spent 34 days on the market in February 2025, and had a median list price of $648,652 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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