9287 Alder, Fontana, California 92335, Fontana, 92335 - 3 bed, 2 bath
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Fontana, California 92335
This property presents a High-Potential Investment Opportunity with a List Price of $598,888—positioned well below the $602,456 Fair Market Value by 0.6%. Featuring a Fair Condition Rating, this 3-bedroom, 2-bath home offers significant upside through its 8,398 sqft lot and ADU-ready zoning with dual street access. The garage conversion potential and spacious layout provide a clear path to forced appreciation. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage the property's versatile development potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9287 Alder Subject | $598,888* List Price | 3 | 2 | 1,513 | $398 | - |
A 9394 Kempster Avenue Sold | $585,000 | 3 | 2 | 1,490 | $393 | 0.7 mi |
B 17662 Fontlee Sold | $543,000 | 3 | 2 | 1,104 | $492 | 0.1 mi |
C 9387 Kaiser Ave. Sold | $500,000 | 3 | 1 | 1,009 | $496 | 0.6 mi |
D 17923 Dorsey Way Sold | $500,000 | 3 | 1 | 1,277 | $392 | 0.8 mi |
E 9647 Kempster Avenue Sold | $669,800 | 3 | 2 | 1,714 | $391 | 0.8 mi |
F 9661 Tamarind Avenue Active | $569,000 List Price | 3 | 2 | 1,233 | $461 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property shows some updates like newer laminate flooring and a recently replaced A/C unit. However, the kitchen and bathrooms remain dated with older tile countertops and cabinetry. The presence of popcorn ceilings and original 1950s architectural features indicates the home is functional but requires cosmetic modernization and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8398, living area = 1513.
The generous 8,398 sqft lot is marketed as multiple ADU ready with dual street access from Alder and Randall, providing exceptional value-add potential for investors or multi-generational families.
The home features a spacious family room with a wood-burning fireplace and a one-car garage designed for easy conversion into additional living space with its own private access.
Built in 1951, the property may require significant updates to its original electrical, plumbing, or structural systems to align with modern building standards.
With only a one-car garage that is currently positioned for conversion, the property lacks sufficient covered parking for a three-bedroom household with multiple vehicles.
***Update: Seller has opened escrow on their next purchase as of 5/26.*** MULTIPLE ADU READY LOT & Buyer concessions available. Centrally located in the main intersections of Fontana. This 3 bedroom & 1.5 bath single story home will surprise you inside and out. As you walk in you'll enter the living room that leads into the formal dining room and the kitchen to the right. Off the kitchen you will find a half bathroom and access to the back patio and another door leading to the one car garage which would make a perfect conversion into a nice sized living space with its own access. On the north west side of the home you have a very spacious family room with wood burning fireplace, perfect for hosting gatherings! The hallway leads to a full bathroom and the 3 bedrooms. Bedroom 3 has access to the private side patio that has a mature citrus tree, the newer A/C unit and a gate leading to the back yard which has a grapevine, some plants and other fruit trees. The driveway has access from Alder AND from Randall for convenient access and parking. This lot has the space for potentially adding Additional Dwelling Units (ADUs). Serious buyers will know the value of this home. Thank you for showing! Let's make it a win-win!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,513 | 1,313 | 63% |
| Lot Size | 8,398 | 8,370 | 52% |
| Price | $598.9K | $592.0K | 53% |
| Price per sq ft | $396 | $426 | 36% |
| Built year | 1951 | 1956 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 168 | 2% |
May 11, 2026
$598,888
Initial Listing
Jun 16, 2022
$520,000
Public Record
Dec 20, 2021
$447,500
Public Record