
9023 Olive St Fontana, CA 92335
Estimated payment $4,240/month
Highlights
- Auto Driveway Gate
- No HOA
- Cooling System Mounted To A Wall/Window
- 0.43 Acre Lot
- Cul-De-Sac
- Laundry Room
About This Home
It's rare to find a Duplex with almost Half of an Acre lot size located centrally in Fontana - the value is in the land. It is ideal for an investor or general contractor/owner-builder. Great opportunity to own a duplex with a possibility to live in one, rent the other and build additional living space. Excellent investment opportunity with a lot of almost 20k Square Feet. Unit #1 features a 1 bedroom, 1 full bath and access to a single car garage in back yard area. Unit #2 is a Studio with 1 full bath and a kitchen area. Both units are currently tenant occupied. Expansion ideas: Extend each unit to add 1 Master bedroom suite and convert the Garage to 1Bed/1Bath for extra income. They can earn rental income while potentially have 4 rental incomes. This duplex is located in the heart of Fontana with easy access to 2 major freeways: 210 freeway and 10 freeway. Located close to schools, hospitals, parks, major shopping centers and restaurants. Must see to view to see the potential with the large lot it has. All buyers must verify all information and diligence with City of Fontana.
Listing Agent
MAINSTREET REALTORS Brokerage Phone: 909-418-8062 License #01798949 Listed on: 06/30/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,175
Year Built
- Built in 1947
Lot Details
- 0.43 Acre Lot
- 1 Common Wall
- Cul-De-Sac
- No Landscaping
- Level Lot
Parking
- 1 Car Garage
- Parking Available
- Driveway
- Auto Driveway Gate
- Off-Street Parking
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 1,048 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Gas Range
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Cooling System Mounted To A Wall/Window
- No Heating
Listing and Financial Details
- Legal Lot and Block 14 / 1
- Tax Tract Number 31
- Assessor Parcel Number 0193151170000
- $1,355 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,200
- Insurance Expense $1,800
- Trash Expense $480
- Water Sewer Expense $2,280
- Operating Expense $26,900
- Gross Income $26,900
- Net Operating Income $26,900
Map
Home Values in the Area
Average Home Value in this Area
Tax History
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 |
---|---|---|---|---|
2025 | $5,175 | $389,675 | $204,580 | $185,095 |
2024 | $5,175 | $382,035 | $200,569 | $181,466 |
2023 | $4,583 | $374,544 | $196,636 | $177,908 |
2022 | $4,542 | $367,200 | $192,780 | $174,420 |
2021 | $946 | $30,571 | $6,757 | $23,814 |
2020 | $1,446 | $30,258 | $6,688 | $23,570 |
2019 | $915 | $29,665 | $6,557 | $23,108 |
2018 | $886 | $29,083 | $6,428 | $22,655 |
2017 | $841 | $28,513 | $6,302 | $22,211 |
2016 | $793 | $27,953 | $6,178 | $21,775 |
2015 | $762 | $27,533 | $6,085 | $21,448 |
2014 | $743 | $26,994 | $5,966 | $21,028 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/27/2025 07/27/25 | Price Changed | $699,000 | -6.7% | $667 / Sq Ft |
06/30/2025 06/30/25 | Price Changed | $749,000 | +7.2% | $715 / Sq Ft |
06/30/2025 06/30/25 | For Sale | $699,000 | +91.5% | $667 / Sq Ft |
04/23/2021 04/23/21 | Sold | $365,000 | -6.4% | $182,500 / Sq Ft |
02/24/2021 02/24/21 | Pending | -- | -- | -- |
09/23/2020 09/23/20 | For Sale | $390,000 | -- | $195,000 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $360,000 | Lawyers Title Vn | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available |
Similar Home in Fontana, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25146267

APN: 0193-151-17
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