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16858 Reed St, Fontana, CA 92336
About this home
We are pleased to exclusively present the Casa Linda Apartments. The subject property is situated in the city of Fontana, California. Built in 1990, this two-story building consists of 11 spacious townhouse units offering 100 percent three-bedroom/two-bath units with an average of 1,140 square feet. The building has pitched roofs, 11 single-car garages with assigned and visitor parking. The complex is enclosed by a security gate and includes an on-site laundry facility. All units are individually metered for gas and electricity with separate water heaters. An estimated $30,000 in renovations were completed in 2013 and 2014 including new paint, carpet and hardwood flooring, tile, central air, heat, kitchen appliances and bathrooms. Each unit offers a fire sprinkler system, enclosed back patio, dishwasher, stove, a walk in closet and vaulted ceilings. Six of the 11 units are currently paying below market rents at $1,180-1,300. The property's newer construction and recent upgrades provide a new owner the opportunity to increase rents and add value. This offering is an ideal investment for an investor pursuing a newer construction, low maintenance property in the West Inland Empire with a stable cash flow.
Redfin Estimate
Market trends in 92336, CA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
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Provided by Redfin
Sale history for 16858 Reed St
$150/sq ft
$159/sq ft
$138/sq ft
$144/sq ft
$158/sq ft
$140/sq ft
$127/sq ft
$26/sq ft
Tax history for 16858 Reed St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-3
Multiple-Family Residential District
This multiple-family residential zoning district permits development such as garden apartments, condominiums and townhouses.Include but are not limited to:
- Day care facility
- Housing-Group
- Housing-Single unit
- Housing-Multiple units
- Housing-Senior
- Housing-Student
- Educational/school
- Fire house
- Police station
- Housing-Mobile home park
Property details
Parking
- Parking / Garage Information
- # of Garage Spaces: 11
- Assigned
- Has Parking
- # of Parking Spaces: 27
Interior
- Laundry Information
- Has Laundry
- Community
- Kitchen Information
- Appliances: Dishwasher, Gas Cooktop
- Has Appliances
- Cooling Information
- Central
- Has Cooling
- Flooring Information
- Wood
- Heating Information
- Forced Air
- Has Heating
- Interior Features
- Security Features: Fire Sprinklers, Gated Community, Smoke Detector
- Unit Type 1 Information
- Unit Key Numeric: 60303
- Listing Key Numeric: 6789474
- Actual Rent: $1,180
- Area Units: Square Feet
- Total # of Baths: 2
- Total # of Beds: 3
- # of Garage Spaces: 11
- Furnished: Unfurnished
- Total Rent: $14,380
- Total # of Units: 11
- Expenses
- Trash: $3,385
- Maintenance: $11,296
- Licenses: $425
- Insurance: $3,575
- Water Sewer: $3,751
- Electric: $1,466
- New Taxes: $23,750
- Gardener: $5,148
- Multi-Unit Information
- Net Operating Income: $103,995
- Average 3 Bed Area: 1,140
- Total Building Area: 12,540
- Gross Scheduled Income: $174,750
- Gross Multiplier: 11.59
- Gross Income: $14,562
- # Of Separate Water Meters: 1
- # Of Separate Gas Meters: 11
- # Of Separate Electric Meters: 11
- # Of Buildings: 2
Exterior
- Exterior Information
- Roof: Spanish Tile
- Fencing: Electric
- Exterior Features
- Pool Features: None
- Lot Information
- Lot Size Source: Assessor's Data
- Lot Features: 11-15 Units/Acre
- Property Information
- Total # of Units: 11
- Common Walls: 2+ common walls
- Parcel Number: 0190153040000
- Attached Property
- Year Built Source: Assessor
Financial
- Lease / Rental Details
- Operating Expense: $62,127
- Other Expense: $2,200
- Other Expense Description: Reserves
Utilities
- Utilities Information
- Sewer Available
- Water Source: District/Public
Location
- Neighborhood Information
- Community Features: Sidewalks
- Location Information
- Latitude: 34.10990900
- Longitude: -117.43682100
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 12,540
- Stories: —
- Lot Size: 0.74 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1990
- Year Renovated: 1990
- County: San Bernardino County
- APN: 0190 153 04 0 000
Other
- Listing Information
- Days Active in MLS: 86
- Continuous Days Active in MLS: 95
- Listing Agent Information
- List Agent First Name: EDWARD
- List Agent Last Name: PAN
- Listing Office Information
- List Office Name: MARCUS & MILLICHAP
- Selling Agent Information
- Buyer Agent First Name: Samir
- Buyer Agent Last Name: Rai
- Selling Office Information
- Buyer Office Name: Omni Realty & Investments
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 1.5mi
Public 9-12 • Assigned • 1.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 20 days in 30 years
Minimal risk of severe winds over next 30 years
27 unhealthy days expected this year, 32 days in 30 years
Sun exposure
In this area, properties receive around 10.3 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.
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Home values near 16858 Reed St
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1157 Sq. Ft. | $601,685 |
3 Beds | - Baths | - Sq. Ft. | $431,329 |
| Address | Redfin Estimate |
|---|---|
63 Beds | 42 Baths | 6608 Sq. Ft. | — |
2 Beds | 1 Baths | 916 Sq. Ft. | $290,505 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1300 Sq. Ft. | $355,430 |
3 Beds | 2 Baths | 1108 Sq. Ft. | $328,514 |
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