
Fontana, California 92335
This property presents a High-Potential Investment Opportunity with a List Price of $620,000—positioned well below the $624,399 Fair Market Value by 0.7%. Featuring a main residence, guest house, and studio on a massive 19,800 sqft lot, this Fair Condition Rating asset offers significant rental income potential. While the property requires cosmetic updates, the expansive lot and multi-unit configuration provide excellent upside for forced appreciation. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15169 Sequoia Avenue Subject 3 bd · 2 ba · 1,530 sqft · $408 | $620,000* List Price | 3 | 2 | 1,530 | $408 | - |
A 8960 Beech Sold 3 bd · 2 ba · 1,178 sqft · $463 · 0.7 mi | $545,000 | 3 | 2 | 1,178 | $463 | 0.7 mi |
B 14933 Merrill Avenue Pending 3 bd · 2 ba · 1,366 sqft · $476 · 0.8 mi | $649,999 List Price | 3 | 2 | 1,366 | $476 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1966 (58 years old) and lacks mention of recent renovations to major systems or interiors. While currently tenant-occupied and functional, the 'investment opportunity' branding and visual evidence of dated finishes and exterior wear suggest it needs cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19800, living area = 1530.
The property features a main residence, a guest house, and a separate studio, offering significant rental income potential or flexible multi-generational living arrangements.
Situated on a nearly 20,000-square-foot lot, the property provides ample space for a large driveway, potential ADU expansion, and extensive outdoor utility.
The property is currently tenant-occupied, which may complicate the showing process and delay immediate possession for owner-occupants.
Built in 1966, the residence may require significant capital investment for modern upgrades and maintenance to meet current market standards.
MUST-SEE PROPERTY WITH GREAT RENTAL INCOME POTENTIAL! Don't miss this fantastic investment opportunity! Situated on an expansive lot of approximately 19,800 square feet, this property features a spacious driveway and excellent potential for investors or owner-occupants. The main residence legally consists of 3 bedrooms and 2 bathrooms. In addition, the property features a guest house and a separate studio located at the rear of the property, offering flexible living arrangements and potential additional rental income. The property is currently tenant-occupied, with reported monthly rental income $2,800/m Conveniently located near schools and freeways, this property offers accessibility and investment potential. Motivated sellers are flexible! Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,530 | 1,819.415 |
| Lot Size | 19,800 | 6,328.84 |
| Price | $620.0K | $670.9K |
| Price per sq ft | $405 | $368 |
| Built year | 1966 | 1995 |
| HOA | $0 | $164 |
| Days on market | 6 | 57 |
Oct 18, 2026
$620,000
Initial Listing
Oct 19, 2021
$438,000
Public Record
Oct 16, 2002
$195,000
Public Record