$1,330,000
$58K PRICE DROP

Estimated payment $7,702/month

Total Views 4,699
11 Beds
5 Baths
4,388 Sq Ft
$303 Price per Sq Ft

Highlights

  • 0.87 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

Income-Producing Property with Future Development Potential
Rare opportunity to acquire a 38,108 SF (approximately 0.87-acre) flat lot in Fontana's rapidly growing commercial and industrial corridor.
The property currently consists of multiple income-producing residential units totaling approximately 4,388 SF with 11 bedrooms and 5 bathrooms. Current gross rental income is approximately $8,700 per month, providing immediate cash flow for investors.
Recent improvements include updated roofs, dual-pane windows, water heaters, electrical and plumbing upgrades, and other property improvements.
Located near established commercial, industrial, warehouse, transportation, and contractor-related businesses, the property offers both current income and long-term upside potential. The large flat lot provides flexibility for a variety of future uses, subject to city approval and buyer verification.
Ideal for investors, owner-users, or developers seeking a combination of existing cash flow and future development opportunities in one of Fontana's expanding growth corridors.
Buyer to verify zoning, land use, permits, square footage, and development potential.

Listing Agent

Lawrence Schoelch

GOLDEN WEST REAL ESTATE Brokerage Phone: 909-569-9626 License #01243953 Listed on: 06/23/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 38,108 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 4,388 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Aerobic Septic System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 2092
  • Assessor Parcel Number 0236051340000
  • $1,185 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,669
  • Operating Expense $7,464
  • Gross Income $104,400
  • Net Operating Income $96,936

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.87 Acres

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0236051340000
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 303.10

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Aerobic Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 38108.00
  • Lot Size Acres: 0.8748

Multi Family

  • Gross Income: 104400.00
  • Gross Scheduled Income: 104400.00
  • Insurance Expense: 1669.00
  • Lot Size Area: 38108.0000 Square Feet
  • Net Operating Income: 96936.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7464.00
  • Rent Control: No
  • Total Actual Rent: 104400.00
  • Total Expenses: 7464.00

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 2092
  • TaxOtherAnnualAssessmentAmount: 1185.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $4,355 $323,365 $188,639 $134,726
2025 $4,355 $317,024 $184,940 $132,084
2024 $4,076 $310,808 $181,314 $129,494
2023 -- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2026 08/04/26 Price Changed $1,330,000 -4.2% $303 / Sq Ft
06/23/2026 06/23/26 For Sale $1,388,000 0.0% $316 / Sq Ft
08/11/2025 08/11/25 Rented $2,300 0.0% --
08/10/2025 08/10/25 Off Market $2,300 -- --
08/10/2025 08/10/25 For Rent $2,300 0.0% --
08/09/2025 08/09/25 Off Market $2,300 -- --
07/25/2025 07/25/25 For Rent $2,300 0.0% --
07/23/2025 07/23/25 Off Market $2,300 -- --
07/21/2025 07/21/25 For Rent $2,300 0.0% --
12/24/2014 12/24/14 Sold $159,900 0.0% $38 / Sq Ft View Prior Sale
11/12/2014 11/12/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $159,900 -- $38 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV26134859

California Regional Multiple Listing Service (CRMLS)

APN: 0236-051-17

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