7873 Elwood Place, Fontana, California 92336, Fontana, 92336 - 3 bed, 3 bath
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7873 Elwood Place
Fontana, California 92336
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,623Sq Ft
6,400Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$622,435
3% BelowMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $599,000—positioned well below the $622,435 Fair Market Value by 3%. This valuation gap offers $23,435 in Instant Equity for the buyer. With a Condition Rating of 4, the property features recent appliance upgrades and significant RV parking potential, though it invites cosmetic personalization. Ideally located near the 10 and 210 freeways, this is a balanced acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$622,435+$23,435 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 7873 Elwood Place Subject | $599,000* List Price | 3 | 3 | 1,623 | $384 | - |
A 7368 Kamloops Avenue Sold | $600,000 | 3 | 2 | 1,500 | $400 | 0.6 mi |
B 7330 Eugenia Sold | $600,000 | 4 | 2 | 1,533 | $391 | 0.9 mi |
C 15681 San Jacinto Sold | $555,000 | 3 | 2 | 1,350 | $411 | 0.8 mi |
D 7900 Pinyon Ave Sold | $510,000 | 4 | 2 | 1,139 | $448 | 0.1 mi |
E 7194 Almeria Active | $655,000 List Price | 3 | 2 | 1,697 | $386 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1989 (35+ years old), the property is dated with original-style cabinetry, older carpeting, and 80s-era fixtures. While the addition of a new oven and dishwasher is a plus, the home requires cosmetic updates and likely system evaluations due to its age.
PROSSTRENGTHS & OPPORTUNITIES
- Outdoor Living & RV Potential
The property features a spacious backyard with a built-in BBQ and a large side parking area designed for RV potential, offering significant utility for outdoor entertainment and vehicle storage.
- Strategic Commuter Location
Conveniently located near both the 10 and 210 freeways, this home provides excellent accessibility for residents commuting across the Inland Empire and surrounding regions.
- Recent Appliance Upgrades
The inclusion of a brand-new oven and dishwasher adds immediate value and reduces move-in costs, providing peace of mind regarding essential kitchen functionality.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property listing indicates no specific views, which may be a disadvantage for buyers prioritizing aesthetic surroundings or natural landscapes.
- Original 1980s Era Construction
Built in 1989, the home may require additional updates to its original systems or aesthetic finishes to meet the expectations of buyers seeking a fully modernized interior.
About 7873 Elwood Place
Beautiful two-story home in a great Fontana location. Features 3 bedrooms, 3 bathrooms, 1,623 sq. ft., and a 2-car garage. Spacious backyard with a built-in BBQ and large side parking area with RV parking potential. Conveniently located near the 10 and 210 freeways. Brand new oven and dishwasher.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 6,400 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 3.8 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,623 | 1,858.303 |
| Lot Size | 6,400 | 6,516.72 |
| Price | $599.0K | $679.9K |
| Price per sq ft | $369 | $363 |
| Built year | 1989 | 1996 |
| HOA | $0 | $183 |
| Days on market | 9 | 54 |
Pricing History
Listed for Sale
Aug 31, 2026
$599,000
Initial Listing
Sold
Feb 10, 2015
$288,000
Public Record
Sold
Jun 18, 2003
$205,000
Public Record
Sold
Dec 22, 1995
$123,000
Public Record