16554 Paine, Fontana, California 92336, Fontana, 92336 - 0 bed, 0 bath
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Fontana, California 92336
Analysis of 16554 Paine, Fontana, California 92336 is currently available with a list price of $989,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Fontana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1962 (62 years old). While the listing mentions one unit is completely remodeled, the exterior photos show window AC units and dated windows, suggesting older HVAC and electrical systems in the majority of the units. The overall site shows signs of age and deferred exterior maintenance, fitting the 'Fair' criteria for dated properties requiring updates.
The oversized 18,460 sq. ft. lot offers significant room for the construction of Accessory Dwelling Units (ADUs), providing a clear path to increase density and maximize future cash flow.
The property features a larger main house with a den and a two-car garage, making it an ideal opportunity for an owner-occupant to live in one unit while collecting rent from the others.
Unlike many multi-family properties, each unit includes its own private garage and dedicated interior laundry room, which are high-demand features that help attract and retain quality tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4586, other record living area = 1183.
The property was recently sold within the past year on 2025-08-29. The sold price is $980,000.00.
Three of the four units are currently rented below market value, which limits immediate cash flow and requires the new owner to manage rent stabilization or turnover to reach pro-forma returns.
Fantastic opportunity to own a 4-unit property in a quiet Fontana cul-de-sac! The main home offers 2 bedrooms, den, Fireplace, 1.5 bathrooms and two car garage, ideal for owner occupancy or additional rental income. In addition, there are three 2-bedroom, 1-bath units, each with its own private one-car garage. Located at the end of a peaceful street, this property combines privacy and convenience, with easy access to shopping, schools, and major freeways.- 4 Units Total- Main House: 2 Bed, den / 1.5 Bath- Three Units: 2 Bed / 1 Bath Each- 4 Total Garages (1 per unit)- Each unit has its own washer/dryer room inside the house. Cul-de-sac Location- Income-Producing Potential Don't miss this rare opportunity in North Fontana. The lot is 18,460 sq.ft. and approximately 4,586 sq ft of building area. You still have room to built ADU's and ample driveway to accommodate multiple vehicles. 3 rents are below market value. Back house has been completely remodeled.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,586 | 4,235 | 50% |
| Lot Size | 18,460 | 14,580 | 50% |
| Price | $989.0K | $1.12M | 50% |
| Price per sq ft | $216 | $269 | 50% |
| Built year | 1962 | 1994 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 193 | 50% |
May 22, 2026
$989,000
Initial Listing
Aug 29, 2025
$980,000
Public Record