9847 Palmetto Avenue, Fontana, California 92335, Fontana, 92335 - 4 bed, 3 bath
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Fontana, California 92335
This Value-Add Residential Asset is listed at $579,000, representing a strategic acquisition for buyers focused on land utility and long-term appreciation. While the price sits above the $524,448 Fair Market Value, the property’s primary value is derived from its massive 15,000-square-foot lot and high-utility 4-bedroom, 3-bathroom layout. Currently holding a Condition Rating of 5, the 1942 structure requires a comprehensive interior overhaul and system modernization to reach its peak valuation. Situated within the Fontana Unified School District, this expansive site is an ideal project for Fix-and-Flip Investors or Contractors seeking a significant renovation opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9847 Palmetto Avenue Subject | $574,900* List Price | 4 | 3 | 1,452 | $360 | - |
A 9467 Palm Sold | $565,000 | 3 | 1 | 1,182 | $478 | 0.8 mi |
B 9649 Grace Street Sold | $617,500 | 2 | 1 | 1,280 | $482 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942, this property requires substantial rehabilitation and modernization. Interior images show significant deferred maintenance, including missing kitchen appliances, damaged walls, missing baseboards, and a utility room in disrepair. The kitchen and bathrooms are severely outdated, and the presence of a wall heater suggests older climate control systems. While the structure is standing, the home needs a full interior renovation to meet current living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 1452.
The property features a massive 15,000-square-foot lot, providing rare outdoor space for potential ADU construction, gardening, or future expansion in a high-demand area.
With 4 bedrooms and 3 bathrooms, the home offers a functional floor plan that accommodates large families or multi-generational living, which is a significant value-add for this price point.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1942 and marketed as an opportunity to update, the home likely requires significant capital investment to modernize its systems, finishes, and overall aesthetic.
Fitting 4 bedrooms and 3 bathrooms into 1,452 square feet may result in smaller individual room dimensions, which could feel cramped for buyers seeking more spacious interiors.
Nestled in the heart of Fontana, this spacious 4-bedroom, 3-bathroom home offers incredible potential and a generous lot that's hard to find. A gated front yard welcomes you with mature trees and a wide driveway, setting the stage for privacy and ample parking. Inside, you'll find an open living and dining area with tile flooring, a fireplace, and large windows that bring in natural light. The kitchen features plenty of cabinet space and opens to a flexible layout that's ideal for everyday living. The bedrooms are well-sized, offering options for family, guests, or a home office, and the additional bathrooms provide extra convenience for a busy household. Outside, the covered patio is perfect for gatherings, overlooking an expansive backyard with room to garden, play, or explore future possibilities. With its great bones, functional floor plan, and oversized lot, this property is a fantastic opportunity to update, customize, and create the home you've been envisioning in a convenient Fontana location close to shopping, schools, and commuter access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 89% |
| Square foot | 1,452 | 1,302 | 59% |
| Lot Size | 15,000 | 8,290 | 88% |
| Price | $574.9K | $570.5K | 50% |
| Price per sq ft | $396 | $424 | 39% |
| Built year | 1942 | 1956 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 187 | 23% |
Mar 31, 2026
$574,900
$579,000
-1% Price Drop
Initial Listing
Mar 28, 2026
$579,000
$590,000
-2% Price Drop
Initial Listing
Dec 30, 2025
$590,000
Initial Listing
Sep 29, 2014
$275,000
Public Record
Dec 21, 2010
$150,000
Public Record
Jan 10, 2005
$315,000
Public Record