16329 Elaine Drive, Fontana, California 92336, Fontana, 92336 - 4 bed, 2 bath
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16329 Elaine Drive
Fontana, California 92336
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,425Sq Ft
8,775Lot Size
Property Price
LIST PRICE$545,000
EST. MARKET VALUE
$548,324
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $545,000—positioned well below the $548,324 Fair Market Value by 0.6%. This asset offers $3,324 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a generous 8,775 sq. ft. lot and a 4-bedroom layout, the home requires a full renovation to resolve unpermitted additions. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in Fontana.
Estimated Market Value
$548,324
Based on Realkey algorithm analyzing recent comparable sales in Fontana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16329 Elaine Drive Subject | $545,000* List Price | 4 | 2 | 1,425 | $385 | - |
A 7368 Kamloops Avenue Sold | $600,000 | 3 | 2 | 1,500 | $400 | 0.3 mi |
B 7330 Eugenia Sold | $600,000 | 4 | 2 | 1,533 | $391 | 0.9 mi |
C 7558 Pinyon Sold | $605,000 | 4 | 2 | 1,267 | $478 | 0.1 mi |
D 15681 San Jacinto Sold | $555,000 | 3 | 2 | 1,350 | $411 | 0.8 mi |
E 7603 Date Avenue Pending | $499,999 List Price | 3 | 2 | 1,410 | $355 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1981 (43 years old) with no evidence of recent renovations, this property is explicitly marketed as a fixer-upper requiring a 'tool belt.' The kitchen is dated with missing cabinet panels, and the interior shows signs of neglect including ceiling patches and unpermitted room/garage conversions, indicating a need for a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 8775, living area = 1425.
- Investment Potential
Marketed as a 'diamond in the rough,' this property offers significant upside for investors or flippers looking to renovate and build equity in a established Fontana neighborhood.
- Generous Lot Size
The expansive 8,775 sq. ft. lot provides ample outdoor space, featuring an enclosed front yard and a backyard with established fruit trees, offering privacy and landscaping potential.
CONSRISKS & DEFICIENCIES
- Unpermitted Additions
The presence of two unpermitted rooms and a garage conversion may present challenges with traditional financing, appraisals, and future building code compliance.
- Extensive Renovation Required
Sold in 'as-is' condition, the property requires a total transformation, which will necessitate a substantial additional budget for repairs, materials, and labor.
About 16329 Elaine Drive
Bring your tool belt and your vision to this 4-bedroom, 2-bathroom diamond in the rough! Spanning 1,425 sq. ft. of living space, this home offers a functional layout ready for a modern transformation. This property offers an enclosed front yard with lots of plants and trees, the back yard also has fruit trees. It has two extra rooms in the back with no permit, also the garage has been converted into a room. Sold as-is—don't miss this opportunity to create a custom masterpiece!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 8,775 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.8 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,425 | 1,858.303 |
| Lot Size | 8,775 | 6,516.72 |
| Price | $545.0K | $679.9K |
| Price per sq ft | $382 | $363 |
| Built year | 1981 | 1996 |
| HOA | $0 | $183 |
| Days on market | 26 | 54 |
Pricing History
Listed for Sale
Aug 14, 2026
$545,000
Initial Listing
Sold
Nov 6, 2006
$366,000
Public Record
Sold
Jan 29, 1997
$94,500
Public Record