16600 Terrace F, Fontana, California 92335, Fontana, 92335 - 3 bed, 3 bath
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16600 Terrace F
Fontana, California 92335
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,259Sq Ft
1,259Lot Size
Property Price
LIST PRICE$339,995
EST. MARKET VALUE
$320,087
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $349,995—positioned well below the $323,307 Fair Market Value by -8%. While the property carries a Condition Rating of 5, the upcoming HOA-funded roof replacement mitigates major capital risk. The functional 3-bedroom layout, direct-access 2-car garage, and private patio provide a solid foundation for value-add renovations. This asset is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking to capitalize on the significant renovation potential in the Fontana market.
Estimated Market Value
$320,087
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 |
|---|---|---|---|---|---|---|
★ 16600 Terrace F Subject | $339,995* List Price | 3 | 3 | 1,259 | $254 | - |
A 16605 Upland Ave #e #e Active | $423,000 List Price | 3 | 3 | 1,259 | $336 | 0.0 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 1980 (44 years old) and explicitly marketed to investors as an 'As-Is' sale in need of repairs. The interior features original-style cabinetry, popcorn ceilings, and dated finishes that exceed the 30-year threshold for a major rehab. While it has central HVAC, the overall condition requires significant updating to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Positioned as a 'deal' for investors with a recent price reduction, this property offers significant upside potential for those looking to renovate and flip or hold as a rental.
- Functional Layout and Amenities
The condo features a highly functional 3-bedroom floor plan with a 2-car garage offering direct access, indoor laundry, and central AC/heat, which are desirable traits for future tenants or buyers.
- Seller-Paid Capital Improvement
The HOA is scheduled to replace the roof with the current owner covering the full assessment through escrow, providing a major structural upgrade at no additional cost to the buyer.
CONSRISKS & DEFICIENCIES
- Distressed Condition
The property is sold in 'as-is' condition and explicitly requires repairs, which will necessitate immediate capital expenditure and renovation management.
- Market Stagnation
With 76 days on the market and a history of multiple price adjustments, the property may carry a stigma that could affect its perceived value despite the recent price drop.
About 16600 Terrace F
Price drop for any and all Investors currently looking for a deal. This condo is situated near downtown Fontana. It consists of 3 nice sized bedrooms and 2 and a half bathrooms. All bedrooms are located on the second floor along with 2 bathrooms upstairs. The half bathroom is located on the first floor and has laundry set up inside. The nice open living room oversees the dining and kitchen. There is a fireplace, plus a large sliding door to access your medium patio. There is also a large 2 car garage with direct access to the kitchen. You have indoor laundry and central AC & heat. Automatic garage door. Property Sold AS-IS. In need of repairs. A new roof will be completed soon by the HOA and owner will pay for the assessment through escrow.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 1,259 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $320.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,259 | 1,502.941 |
| Lot Size | 1,259 | 1,222.5 |
| Price | $340.0K | $544.8K |
| Price per sq ft | $270 | $343 |
| Built year | 1980 | 2023 |
| HOA | $320.0 | $288 |
| Days on market | 96 | 77 |
Pricing History
Listed for Sale
Sep 2, 2026
$339,995
$349,995
-3% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$349,995
$364,995
-4% Price Drop
Initial Listing
Price Change
Jul 25, 2026
$364,995
$364,999
+0% Price Increase
Initial Listing
Price Change
Jul 15, 2026
$364,999
$365,000
+0% Price Increase
Initial Listing
Price Change
Jun 5, 2026
$365,000
Initial Listing
Sold
Oct 21, 2009
$85,000
Public Record
Sold
Mar 6, 2007
$280,000
Public Record
Sold
Apr 4, 2000
$63,500
Public Record