16592 Valencia, Fontana, California 92335, Fontana, 92335 - 4 bed, 3 bath
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Fontana, California 92335
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned slightly above the $732,997 Fair Market Value. While the property requires cosmetic updates given its Condition Rating of 4, the Dual-Unit Income Potential on a massive 20,996 sq ft lot provides significant upside. Featuring a 1,852 sq ft main house and a 661 sq ft second unit, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income or multi-generational living.
Property is moderate renovation needed.
Although the property was expanded and partially renovated in 2017, the current condition shows significant wear and tear. Photos reveal drywall damage in the living area, worn laminate flooring, and inconsistent finishes between bathrooms. It requires minor repairs, paint, and professional cleaning to be considered move-in ready.
The property features two separate, updated homes on a single lot, providing a rare opportunity for multi-generational living or significant rental income with a total of 6 bedrooms and 4 bathrooms.
Sitting on a massive 20,996 sq ft lot with gated entries and RV parking, there is ample space for further expansion, including the potential to add an ADU or a large garage.
Expanded in 2017, the main house offers a functional 1,852 sq ft layout featuring two master suites, updated bathrooms, and a large brick patio, catering perfectly to modern family needs.
With the original structure dating back to 1928, buyers may face higher maintenance requirements or the need for future upgrades to older underlying systems despite recent renovations.
The property does not offer any significant views, which may be a disadvantage for buyers seeking aesthetic vistas or a sense of elevation.
Great Opportunity to own TWO HOMES on a HUGE LOT ( 20,996 ). This property was Expanded in 2017 ( Plans in hand ) and the MAIN house is now 1852 Sq Ft with 4 Bedrooms, 3 Baths, Living Room and Family Room. The Second Unit is 661 Sq Ft and a 2 Bedroom and 1 Bath that has been an updated Kitchen & Bathroom and a Private Patio. Total Livable SQ Footage is 2517 and a total of 6 BED / 4 BATHS. The MAIN HOUSE has TWO MASTER BEDROOM SUITES with baths ( Great for Elderly Parents ), Updated Baths, and a HUGE BRICK PATIO that can be accessed through the MASTER and Family Room. ! Both Units have Great Roofs, Paint Outside and have PLENTY of PARKING on the HUGE CONCRETTE drive ways. This HUGE LOT offers Gated Entries, Huge Front Manicured Yard, Covered Sheds, RV Parking, Fruit Trees and much more. Your other possibilities would be of course adding an ADU and/or Garage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 3.0 | 2.0 | 90% |
| Square foot | 1,852 | 1,302 | 86% |
| Lot Size | 20,996 | 8,250 | 94% |
| Price | $750.0K | $595.0K | 94% |
| Price per sq ft | $405 | $427 | 41% |
| Built year | 1928 | 1956 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 180 | 2% |
May 30, 2026
$750,000
Initial Listing
Oct 29, 2010
$120,000
Public Record