17292 Owen Street, Fontana, California 92335, Fontana, 92335 - 2 bed, 1 bath
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17292 Owen Street
Fontana, California 92335
ACTIVE
CONDITION: POOR
2Beds
1Baths
840Sq Ft
9,100Lot Size
Property Price
LIST PRICE$499,950
EST. MARKET VALUE
$454,540
9% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $499,950—positioned well below the $454,540 Fair Market Value by -9%. While the property requires a full renovation due to its Fair/Poor Condition Rating, the expansive 9,100 sq. ft. lot offers significant ADU & Expansion Potential. This asset is a blank canvas for forced appreciation, making it a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to maximize ROI through comprehensive structural and cosmetic upgrades.
Estimated Market Value
$454,540
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 |
|---|---|---|---|---|---|---|
★ 17292 Owen Street Subject | $499,950* List Price | 2 | 1 | 840 | $541 | - |
A 8323 Emerald Avenue Sold | $530,000 | 2 | 1 | 991 | $535 | 0.3 mi |
B 8440 Juniper Avenue Sold | $465,000 | 2 | 1 | 1,091 | $426 | 0.8 mi |
C 17227 Seville Active | $515,000 List Price | 3 | 1 | 1,060 | $486 | 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 1950 and on the market for the first time in 41 years, this property shows significant signs of neglect. Interior images reveal missing wall sections, peeling flooring, and highly outdated kitchen and bathroom fixtures. The roof appears to have temporary patching/tarps, and the listing explicitly states it is an 'investor special' requiring TLC and a full renovation.
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 = 9100, living area = 840.
- ADU & Expansion Potential
The generous 9,100+ sq. ft. lot and detached garage provide a significant opportunity to develop an Accessory Dwelling Unit (ADU) for rental income or multigenerational living.
- Significant Value-Add Opportunity
Offered for the first time in 41 years as an 'investor special,' this property serves as a blank canvas for a full renovation to capture substantial equity growth.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Described as a 'diamond in the rough' requiring significant TLC, the home likely needs a total overhaul of its 1950s systems and finishes, necessitating a large capital budget.
- Probate Sale & As-Is Condition
As a probate sale sold strictly in as-is condition, buyers face a potentially more complex closing process with no possibility of seller repairs or credits for discovered defects.
About 17292 Owen Street
** INVESTOR SPECIAL ** DIAMOND IN THE ROUGH WITH ADU & JR. ADU POTENTIAL! First time on the market in 41 years, this single-story 2-bedroom, 1-bath home sits on a generous 9,000+ sq. ft. lot in a convenient Fontana location. Offered AS-IS, this property is ready for a buyer with vision to renovate, customize, and unlock its full potential. The expansive backyard, gated privacy, and detached garage create exciting possibilities for additional living space, guest accommodations, multigenerational living, or a potential ADU. Whether you're an investor looking for your next project, an investor seeking rental potential, a homeowner ready to create a personalized space, this property offers plenty of opportunity. Probate Sale. Offered AS-IS. Property requires TLC. Bring your vision and unlock the potential of this diamond in the rough! Whether you're looking to expand your investment portfolio or secure a dual-living arrangement, this cash-flowing asset is a must-see! Buyer to independently verify all property information, intended uses, zoning, and any potential ADU & JR. ADU developments with the appropriate governmental agencies. Serious buyers are encouraged to conduct their own due diligence and view the property prior to submitting an offer. A rare opportunity to transform a well-located Fontana property into something truly special!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 9,100 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.8 |
| Baths | 1.0 | 2.7 |
| Square foot | 840 | 1,858.303 |
| Lot Size | 9,100 | 6,516.72 |
| Price | $499.9K | $679.9K |
| Price per sq ft | $595 | $363 |
| Built year | 1950 | 1996 |
| HOA | $0 | $183 |
| Days on market | 29 | 54 |
Pricing History
Listed for Sale
Aug 11, 2026
$499,950
Initial Listing