9831 Oleander Avenue, Fontana, California 92335, Fontana, 92335 - 2 bed, 1 bath
ACTIVE$525,000
9831 Oleander Avenue, Fontana, California 92335
2Beds
1Bath
836Sqft
7,200Lot
Price Vs. Estimate
The estimated value ($508,516.93) is $16,483.07 (3%) lower than the list price ($525,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Potential: The property explicitly offers ADU potential, providing a significant opportunity for income generation or multi-generational living.
Top Cons:
Limited Living Space: With only 836 sq. ft. of living space, the home is relatively small, which may not meet the needs of buyers seeking more room or larger families.
Compared to the nearby listings
Price:$525.0K vs avg $557.5K ($-32,500)39%
Size:836 sqft vs avg 1,285 sqft10%
Price/sqft:$628 vs avg $43494%
More Insights
Built in 1952 (73 years old).
Condition: Despite being built in 1952, the property has undergone an extensive and very recent renovation. The kitchen features brand new, modern white shaker cabinets, white quartz countertops, stainless steel appliances (including a side-by-side refrigerator, gas range, and microwave), an undermount sink with a gooseneck faucet, recessed lighting, and LVP flooring. The bathroom is equally updated with a modern vanity, new fixtures, and a glass shower enclosure. New LVP flooring extends throughout the visible interior, and the walls are freshly painted in a neutral tone. The exterior also appears refreshed with new paint and a new roof. All visible components are virtually new, meeting current quality standards, indicating a move-in ready home with no deferred maintenance.
Year Built
1952
Close
-
List price
$525K
Original List price
$575K
Price/Sqft
$628
HOA
-
Days on market
-
Sold On
-
MLS number
OC25198478
Home ConditionExcellent
Features
Patio
View-
About this home
Charming single-story home in the heart of Fontana with ADU potential! Featuring 2 bedrooms, 1 bathroom, and 836 sq. ft. of living space on a spacious 7,200 sq. ft. lot, this property offers endless possibilities. The cozy floor plan provides comfort and natural light, while the large backyard is perfect for entertaining, gardening, or expanding. Conveniently located near Kaiser Permanente Medical Center, community parks, shopping, and schools, with easy access to the 10, 15, and 210 freeways. A fantastic opportunity for first-time buyers or investors looking for growth in a desirable community.
Condition Rating
Excellent
Despite being built in 1952, the property has undergone an extensive and very recent renovation. The kitchen features brand new, modern white shaker cabinets, white quartz countertops, stainless steel appliances (including a side-by-side refrigerator, gas range, and microwave), an undermount sink with a gooseneck faucet, recessed lighting, and LVP flooring. The bathroom is equally updated with a modern vanity, new fixtures, and a glass shower enclosure. New LVP flooring extends throughout the visible interior, and the walls are freshly painted in a neutral tone. The exterior also appears refreshed with new paint and a new roof. All visible components are virtually new, meeting current quality standards, indicating a move-in ready home with no deferred maintenance.
Pros & Cons
Pros
ADU Potential: The property explicitly offers ADU potential, providing a significant opportunity for income generation or multi-generational living.
Generous Lot Size: A spacious 7,200 sq. ft. lot offers ample room for expansion, gardening, outdoor entertaining, or further development, complementing the ADU potential.
Strategic Location & Accessibility: Conveniently located near Kaiser Permanente Medical Center, community parks, shopping, and schools, with excellent access to major freeways (10, 15, 210), enhancing daily convenience and commute.
Investor/First-Time Buyer Appeal: The property is highlighted as a fantastic opportunity for first-time buyers or investors looking for growth in a desirable community.
Recent Price Reduction: A significant price reduction from $575,000 to $525,000 indicates increased seller motivation and potentially better value for prospective buyers.
Cons
Limited Living Space: With only 836 sq. ft. of living space, the home is relatively small, which may not meet the needs of buyers seeking more room or larger families.
Age of Property: Built in 1952, the property is over 70 years old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and the need for significant updates or maintenance.
Discrepancy with Estimated Value: The current listing price is 5% higher than the property's estimated value, which could lead to appraisal challenges or buyer hesitation regarding fair market value.