
Fontana, California 92335
Analysis of 9063 Olive, Fontana, California 92335 is currently available with a list price of $950,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Fontana Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1952, this multi-unit property is explicitly marketed as a fixer-upper requiring significant work. While some units show recent cosmetic updates like shaker cabinets and laminate flooring, the presence of unfinished plumbing holes in walls, dated wall heaters, window AC units, and visible exterior wood rot/peeling paint indicates a need for substantial rehab and modernization of systems.
The property is a fully occupied triplex with established, long-term tenants, providing immediate cash flow for an investor from the day of acquisition.
As a fixer-upper on a large 18,900 sqft lot, there is significant opportunity to renovate the units, modernize finishes, and increase rental rates to market value.
The oversized lot provides ample space for potential expansion, such as adding Accessory Dwelling Units (ADUs) or improving outdoor amenities to maximize the property's long-term density and value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1186, other record living area = 2768.
The property is being sold in 'as-is' condition and requires extensive work, which will necessitate a substantial upfront capital investment for repairs and modernization.
Built in 1952, the property may have outdated electrical, plumbing, or structural components that could lead to unforeseen costs during the renovation process.
This tenant-occupied multi-unit property offers the opportunity to transform the existing units into a strong income-producing asset. Each unit has its own living space and is currently occupied, providing immediate rental income while allowing a future owner to renovate and improve the property over time. The property is a fixer-upper and will require work, but buyers with a vision can see the potential to update the interiors, modernize the finishes, improve the overall appearance, and create a more desirable rental property. Think of this as a blank canvas for an investor looking to renovate, add value, and maximize the property's long-term potential. The current tenants have been in place for an extended period and are considered good, established tenants. Buyers may have the option to acquire the property with tenants in place, subject to the terms of the sale. Bring your contractor, evaluate the property, and envision the possibilities. Property is being sold in its present condition. Buyer to conduct their own independent inspections and due diligence regarding condition, permits, zoning, rental income, and potential improvements.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 6.0 |
| Baths | 0.0 | 4.0 |
| Square foot | 1,186 | 3,542 |
| Lot Size | 18,900 | 11,553.333 |
| Price | $950.0K | $882.0K |
| Price per sq ft | $801 | $353 |
| Built year | 1952 | 1962 |
| HOA | $0 | $0 |
| Days on market | 23 | 75 |
Aug 17, 2026
$950,000
Initial Listing