
Fontana, California 92337
Income-Producing Property with Future Development Potential Rare opportunity to acquire a 38,108 SF (approximately 0.87-acre) flat lot in Fontana's rapidly growing commercial and industrial corridor. The property currently consists of multiple income-producing residential units totaling approximately 4,388 SF with 11 bedrooms and 5 bathrooms. Current gross rental income is approximately $8,700 per month, providing immediate cash flow for investors. Recent improvements include updated roofs, dual-pane windows, water heaters, electrical and plumbing upgrades, and other property improvements. Located near established commercial, industrial, warehouse, transportation, and contractor-related businesses, the property offers both current income and long-term upside potential. The large flat lot provides flexibility for a variety of future uses, subject to city approval and buyer verification. Ideal for investors, owner-users, or developers seeking a combination of existing cash flow and future development opportunities in one of Fontana's expanding growth corridors. Buyer to verify zoning, land use, permits, square footage, and development potential.
Property is moderate renovation needed.
Built in 1959, the property is dated but functional. While it features recent system upgrades (roof, electrical, plumbing, and dual-pane windows), the interior shows older finishes, window AC units, and basic bathroom fixtures that require modernization.
The property generates a substantial gross rental income of approximately $8,700 per month from multiple residential units, offering investors immediate liquidity and a hedge against holding costs during the planning phase.
Boasting a massive 38,108 SF flat lot in a high-growth industrial and commercial corridor, the site is perfectly positioned for future conversion into warehouse, transportation, or contractor-related use.
Recent improvements to essential systems, including updated roofs, dual-pane windows, and modernized electrical and plumbing, significantly reduce the risk of near-term capital expenditures and maintenance issues.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4388, other record living area = 3404.
The transition from residential to commercial or industrial use requires extensive buyer due diligence and city approvals, which can be a time-consuming and uncertain process depending on local regulations.
With the original construction dating back to 1959, the existing buildings may eventually require total demolition to maximize the land's highest and best use, adding to the overall future redevelopment costs.
No exterior & parking available.
No sensitive facilities data found.
Aug 5, 2026
$1,330,000
$1,388,000
-4% Price Drop
Initial Listing
Jun 23, 2026
$1,388,000
Initial Listing