$1,075,000
SOLD DEC 26, 2025

9386 Olive St Fontana, CA 92335

7 Beds
6 Baths
2,911 Sq Ft
9,088 Sq Ft Lot

Recently Sold

$369 Per Sq Ft

7% Below List Price

56 Days on Market

Highlights

  • Built in 1949 | Newly Remodeled
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Air

About This Home

As of December 2025

Magnificent opportunity to own a 4-unit property in Fontana. Potential gross monthly income $9,200 per month. 4 units, consisiting of 1,416 sq, ft. duplex with a 2 bedroom 1 bath and a 1 bedroom 1 bath, and a brand new 2025 built ADU duplex with 1,495 sq ft, with 2 Bedroom and 2 baths each. The older units are tenant occupied, and the newer units are vacant.
Conveniently located near schools, shopping, and commuter routes, this property offers many opportunities. DO NOT DISTURB OR APPROACH TENANTS.

Last Agent to Sell the Property

Luis Uribe

L&L URIBE, INC Brokerage Email: Lfu1751@gmail.com License #00700181 Listed on: 09/15/2025

Last Buyer's Agent

Karen Urrutia

LIGHTHOUSE REALTY ASSOC INC License #01401508

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949 | Newly Remodeled

Lot Details

  • 9,088 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 2,911 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Central Air
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3038
  • Assessor Parcel Number 0193221190000
  • $300 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,800
  • Trash Expense $1,400
  • Operating Expense $3,200
  • Gross Income $9,200
  • Net Operating Income $6,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1949 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • New Construction: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0193221190000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 369.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9088.00
  • Lot Size Acres: 0.2086

Multi Family

  • Gross Income: 9200.00
  • Gross Scheduled Income: 9200.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 9088.0000 Square Feet
  • Net Operating Income: 6440.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 2760.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Expenses: 3200.00

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 3038
  • TaxOtherAnnualAssessmentAmount: 300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2014
Sold by
Landis Steven W
Bought by
Sp Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,094,950
Outstanding Balance
$1,592,130
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$584,733

Purchase Details

Closed on
Aug 21, 2013
Sold by
Landis Nicole
Bought by
Landis Steven W

Purchase Details

Closed on
Jul 15, 2010
Sold by
Landis Steven
Bought by
Sp Assets Llc

Purchase Details

Closed on
Oct 6, 2009
Sold by
Aurora Loan Services Llc
Bought by
Landis Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2009
Sold by
Donnini Joseph R
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 23, 2007
Sold by
Academy Mortgage Corp
Bought by
Donnini Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
10.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2006
Sold by
Wright Pleasant Brenda Y
Bought by
Academy Mortgage Corp

Purchase Details

Closed on
Jan 4, 2006
Sold by
Frelix Tyelahnai L
Bought by
Wright Pleasant Brenda Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 5, 2005
Sold by
Gonzalez Elias
Bought by
Ifrelix Tyelahnai L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 19, 2003
Sold by
Gonzalez Elias
Bought by
Gonzalez Elias and Varela Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1998
Sold by
Gonzalez Sonia E
Bought by
Gonzalez Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,112
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 1998
Sold by
Badiola Manuel
Bought by
Gonzalez Elias and Guadron Gilberto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,112
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 1997
Sold by
Kendrick Thomas V and Kendrick Karen L
Bought by
Badiola Manual and Badiola Eliana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed -- Accommodation
Grant Deed -- None Available
Grant Deed $108,000 Lsi Title Company
Trustee Deed $395,815 Accommodation
Grant Deed $365,000 First American
Deed In Lieu Of Foreclosure -- None Available
Grant Deed -- --
Grant Deed $440,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Diversified Title Ins Co
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $98,500 Orange Coast Title
Grant Deed $61,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,094,950 Purchase Money Mortgage
Previous Owner $105,000 Purchase Money Mortgage
Previous Owner $365,000 Purchase Money Mortgage
Previous Owner $132,000 Stand Alone Second
Previous Owner $308,000 Fannie Mae Freddie Mac
Previous Owner $120,000 Purchase Money Mortgage
Previous Owner $98,112 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2025 12/26/25 Sold $1,075,000 -6.5% $369 / Sq Ft
11/10/2025 11/10/25 Pending -- -- --
09/15/2025 09/15/25 For Sale $1,150,000 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,012 $235,318 $83,904 $151,414
2024 $4,012 $230,704 $82,259 $148,445
2023 $3,461 $226,180 $80,646 $145,534
2022 $3,402 $221,745 $79,065 $142,680
2021 $3,344 $217,397 $77,515 $139,882
2020 $3,331 $215,168 $76,720 $138,448
2019 $3,209 $210,949 $75,216 $135,733
2018 $3,187 $206,813 $73,741 $133,072
2017 $3,585 $202,758 $72,295 $130,463
2016 $2,718 $198,782 $70,877 $127,905
2015 $2,662 $195,796 $69,812 $125,984
2014 $2,645 $191,960 $68,444 $123,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25216645

California Regional Multiple Listing Service (CRMLS)

APN: 0193-221-19