9408 Poplar Avenue, Fontana, California 92335, Fontana, 92335 - 3 bed, 2 bath
ACTIVE$1,200,000
9408 Poplar Avenue, Fontana, California 92335
3Beds
2Baths
1,803Sqft
47,153Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 47153, living area = 1803.
Top Cons:
Advanced Age of Structure: Built in 1928, the existing residence is nearly a century old, suggesting it likely requires significant updates, repairs, or a complete renovation to meet modern standards and expectations.
Compared to the nearby listings
Price:$1.20M vs avg $562.5K (+$637,500)98%
Size:1,803 sqft vs avg 1,292.5 sqft87%
Price/sqft:$666 vs avg $43495%
More Insights
Built in 1928 (97 years old).
Condition: Built in 1928, this property is nearly a century old. The interior, particularly the kitchen and bathrooms, are extremely dated with old cabinetry, countertops, backsplash, and basic appliances, requiring a complete renovation. Flooring consists of old ceramic tiles and laminate. While technically habitable, the property requires substantial repairs and rehabilitation to meet modern living standards. The listing description explicitly states 'Value is in the land,' strongly suggesting the existing structure is considered a tear-down for redevelopment, making its condition 'poor' for residential use.
Year Built
1928
Close
-
List price
$1.2M
Original List price
$1.3M
Price/Sqft
$666
HOA
-
Days on market
-
Sold On
-
MLS number
IG25066897
Home ConditionPoor
Features
Good View: Neighborhood
Deck
Patio
ViewNeighborhood
About this home
PRICE JUST REDUCED!! Single family residence, 3 bedrooms, 2 bathrooms, dining room, fireplace, shed in the back of the yard....Value is in the land, price includes 3 parcels. Vacant land is mostlylevel and flat, also the property has access from Poplar and Sequoia, and all parcels are to be sold together.
Condition Rating
Poor
Built in 1928, this property is nearly a century old. The interior, particularly the kitchen and bathrooms, are extremely dated with old cabinetry, countertops, backsplash, and basic appliances, requiring a complete renovation. Flooring consists of old ceramic tiles and laminate. While technically habitable, the property requires substantial repairs and rehabilitation to meet modern living standards. The listing description explicitly states 'Value is in the land,' strongly suggesting the existing structure is considered a tear-down for redevelopment, making its condition 'poor' for residential use.
Pros & Cons
Pros
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 = 47153, living area = 1803.
Significant Development Potential: The property includes three parcels of mostly level and flat land, explicitly stating 'Value is in the land,' indicating strong potential for development or subdivision.
Dual Street Access: Benefiting from access from both Poplar and Sequoia Avenues, this feature provides excellent flexibility for future development, improved accessibility, and potential for multiple entry points.
Substantial Lot Size: With a generous lot size of 47,153 sqft (over 1 acre), the property offers ample space for a large custom home, extensive landscaping, or multi-unit development, subject to local zoning.
Recent Price Reduction: The list price has been reduced from $1.3M to $1.2M, presenting a more attractive investment opportunity and increased value proposition for potential buyers.
Existing Habitable Residence: A 3-bedroom, 2-bathroom single-family residence with a fireplace and shed is already on the property, offering immediate occupancy, rental income potential, or a base during future development.
Cons
Advanced Age of Structure: Built in 1928, the existing residence is nearly a century old, suggesting it likely requires significant updates, repairs, or a complete renovation to meet modern standards and expectations.
Primary Value in Land, Not Structure: The explicit statement 'Value is in the land' implies that the existing house is not the main asset and may be considered a tear-down by many buyers, adding to overall project costs.
Potential for Extensive Renovation/Demolition Costs: Given the age of the property and the emphasis on land value, buyers should anticipate substantial investment for either a full renovation of the existing home or demolition and new construction.