7720 Alder Avenue, Fontana, California 92336, Fontana, 92336 - 3 bed, 2 bath
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Fontana, California 92336
This property presents a High-Potential Investment Opportunity with a List Price of $585,000—positioned well below the $585,350 Fair Market Value by 0.06%. Featuring a Fair Condition Rating, the home offers significant upside through modernization of its dated interiors. The expansive 7,500 sq. ft. lot and oversized garage provide excellent potential for an ADU conversion. This value-add asset is ideally suited for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic renovations in a convenient Fontana location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7720 Alder Avenue Subject | $585,000* List Price | 3 | 2 | 1,592 | $368 | - |
A 7719 Alder Sold | $450,000 | 4 | 2 | 1,284 | $350 | 0.0 mi |
B 7724 Myles Court Sold | $615,000 | 3 | 3 | 1,544 | $398 | 0.4 mi |
C 7656 Evergreen Lane Sold | $655,000 | 4 | 3 | 1,796 | $365 | 0.1 mi |
D 7345 Palm Sold | $515,000 | 4 | 2 | 1,599 | $322 | 0.5 mi |
E 17556 San Jacinto Court Sold | $540,000 | 4 | 2 | 1,200 | $450 | 0.3 mi |
F 17416 Malaga Street Sold | $625,000 | 4 | 3 | 1,747 | $358 | 0.4 mi |
G 17273 Russo Court Sold | $655,000 | 4 | 3 | 1,567 | $418 | 0.9 mi |
H 17814 Terry Street Pending | $510,000 List Price | 3 | 2 | 1,270 | $402 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the kitchen has been recently renovated with modern white shaker cabinets, stone countertops, and stainless steel appliances, the rest of the 1955 home remains dated. Specifically, the bathrooms show significant wear and peeling drywall, and the exterior/yard requires complete landscaping. The listing's emphasis on 'potential' and 'personal touch' confirms it needs minor to moderate repairs to be fully modernized.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1592.
The oversized two-car garage and generous 7,500 sq. ft. lot provide an excellent opportunity for a future ADU conversion, offering potential for rental income or multi-generational living.
With nearly 1,600 sq. ft. of living area including an oversized bonus/family room, this home offers a more versatile and spacious layout than many standard three-bedroom properties in the area.
The home is described as needing a 'personal touch' and updates, indicating that buyers will likely need to invest additional capital immediately to modernize the interior and build equity.
Built in 1955, the property may feature aging systems or structural elements typical of its era that could require costly repairs or upgrades compared to newer homes.
Welcome to this spacious 3-bedroom, 2-bathroom home in the City of Fontana, offering approximately 1,592 sq. ft. of living space on an approximately 7,500 sq. ft. lot. This inviting home features a spacious living room, a large kitchen, and an oversized bonus/family room, providing plenty of space for entertaining, relaxing, or creating a home office or playroom. Filled with character and endless potential, this property is ready for your personal touch. Imagine updating and designing it to match your own style while building equity along the way. The oversized two-car garage offers potential for a future ADU conversion (buyer to verify with the City). Conveniently located near schools, parks, shopping centers, restaurants, Costco, Lowe’s, and with easy access to the 210 Freeway, this home combines space, location, and opportunity. Don’t miss the chance to make this Fontana property your own. Buyer and buyer’s agent to verify all information, including square footage, permits, zoning, and ADU possibilities, and conduct their own due diligence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,592 | 1,946 |
| Lot Size | 7,500 | 6,000 |
| Price | $585.0K | $678.2K |
| Price per sq ft | $367 | $368 |
| Built year | 1955 | 1997 |
| HOA | $0 | $203 |
| Days on market | 22 | 53 |
Jun 30, 2026
$585,000
Initial Listing
Jan 31, 2023
$550,000
Public Record
Sep 8, 2022
$400,000
Public Record
Sep 7, 2022
$387,500
Public Record
Jan 17, 1997
$77,000
Public Record