11229 Cypress Avenue, Fontana, California 92337, Fontana, 92337 - 3 bed, 2 bath
ACTIVE$1,300,000
11229 Cypress Avenue, Fontana, California 92337
3Beds
2Baths
1,530Sqft
47,920Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47920, living area = 1530.
Top Cons:
Sold for Land Value 'As-Is': The property is explicitly sold for its land value in 'as-is' condition, implying the existing 1947 SFR structure holds little to no intrinsic value and likely requires demolition.
Compared to the nearby listings
Price:$1.30M vs avg $605.0K (+$695,000)99%
Size:1,530 sqft vs avg 1,508 sqft52%
Price/sqft:$850 vs avg $40399%
More Insights
Built in 1947 (78 years old).
Condition: The property was built in 1947, making it over 75 years old. The listing explicitly states it is 'Sold for land value, as is in its present condition,' and the property analysis notes 'demolition costs' and that the existing structure 'likely requires demolition.' This strongly indicates the structure is beyond repair and its value is solely in the land. No interior photos, especially of the kitchen or bathrooms, are provided, further suggesting the existing residence is unlivable or not worth showcasing.
Year Built
1947
Close
-
List price
$1.3M
Original List price
$1.9M
Price/Sqft
$850
HOA
-
Days on market
-
Sold On
-
MLS number
CV25068965
Home ConditionTear down
Features
View-
About this home
EXCITING OPPORTUNITY, SELLER IS HIGHLY MOTIVATED PRICE REDUCED $600,000 MUST SELL. All offers received will be taken seriously Build next to a new beautiful church on this flat lot on the path of development 47,920 sq. ft. near I-10, I-60, I-210, I-215 and I-15 FWYS This property is located across Amazon warehouse/distribution center in Fontana. Great opportunity for developers. SFR structure. Sold AS IS. There is a small shop and small storage space next to the garage. Sold for land value, as is in its present condition. Seller open to reasonable offers.
Condition Rating
Tear down
The property was built in 1947, making it over 75 years old. The listing explicitly states it is 'Sold for land value, as is in its present condition,' and the property analysis notes 'demolition costs' and that the existing structure 'likely requires demolition.' This strongly indicates the structure is beyond repair and its value is solely in the land. No interior photos, especially of the kitchen or bathrooms, are provided, further suggesting the existing residence is unlivable or not worth showcasing.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47920, living area = 1530.
Significant Price Reduction: The property has seen a substantial $600,000 price reduction from its original list price, coupled with a highly motivated seller, indicating a strong buying opportunity.
Prime Development Opportunity: Explicitly marketed as a 'Great opportunity for developers' on a flat lot 'on the path of development,' suggesting high potential for future projects.
Large, Flat & Usable Lot: A generous 47,920 sq. ft. (over 1 acre) flat lot provides ample space and ease for various types of development or construction.
Strategic Logistics Location: Situated near multiple major freeways (I-10, I-60, I-210, I-215, I-15) and directly across from an Amazon distribution center, offering excellent logistical advantages for commercial or industrial use.
Area Growth Potential: Located next to a new church and within an area identified as 'on the path of development,' indicating strong potential for future appreciation and growth.
Cons
Sold for Land Value 'As-Is': The property is explicitly sold for its land value in 'as-is' condition, implying the existing 1947 SFR structure holds little to no intrinsic value and likely requires demolition.
Existing Structure Condition: The 1947-built single-family residence, along with a small shop and storage, is old and its condition is likely poor, necessitating significant investment for renovation or, more probable, demolition.
Demolition Costs: Given the property is sold for land value and the age/condition of the existing structures, a buyer should factor in the additional costs and time associated with demolition.