$550,000
SOLD APR 8, 2025

9529 Locust Ave Fontana, CA 92335

2.08 Acres
$264,423 Price per Acre
90,605 Sq Ft Lot

Recently Sold

15% Below List Price

706 Days on Market

Highlights

  • View of Trees or Woods
  • Corner Lot
  • Mountainous Community
  • 2.08 Acre Lot
  • No HOA
  • Bike Trail

About This Lot

As of April 2025

*Huge Nearly $500,000 Price Reduction and Priced to Sell*
Drive by this exceptional 2.08-acre land lot in South Fontana/Bloomington and envision its incredible potential, now with *CONNECTED WATER METER AND AVAILABLE ELECTRICITY/GAS*. Zoned as a residential multi-family, this property offers the opportunity to develop nearly 40 highly coveted residential units. Septic is available, further enhancing the property's appeal to developers.

Last Agent to Sell the Property

David Ifediba

Real Broker Brokerage Phone: 310-849-8919 License #02128216 Listed on: 04/07/2023

Real Broker

Last Buyer's Agent

Justin Bouzane

Berkshire Hathaway Homeservices California Realty License #01871039

Berkshire Hathaway Homeservices California Realty

Property Details

Property Type

  • Land

Lot Details

  • 2.08 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Density is 2-5 Units/Acre
  • Property is zoned RM, Residential/Multi-Family

Property Views

  • Woods
  • Mountain
  • Neighborhood

Location

  • Suburban Location

Utilities

  • Water Connected
  • Engineered Septic
  • Conventional Septic
  • Sewer Available

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 0249161200000
  • $515 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Bike Trail
  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

2.08 Acres

Listing Details

  • Current Use: Multi-Family, Residential
  • Possible Use: Buyer to verify, Investment, Multi-Family, Residential
  • Possible Use Comments: Hotel, multifamily units
  • View: Yes
  • Zoning: RM
  • Zoning Description: Residential/Multi-Family
  • Property Type: Land
  • Parcel Number: 0249161200000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.07

Exterior Features

  • View: Mountain(s), Neighborhood, Trees/Woods
  • Fencing: Chain Link

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Connected
  • Sewer: None, Conventional Septic, Engineered Septic, Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Mountainous, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 90605.00
  • Lot Size Acres: 2.0800

Multi Family

  • Lot Size Area: 90605.0000 Square Feet

Tax Info

  • Tax Census Tract: 34.03
  • Tax Lot: 25
  • TaxOtherAnnualAssessmentAmount: 515.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Apr 1, 2025
Sold by
Bloomington Development Trust and Ikebudu Anthony
Bought by
Sachetan Investment Group Llc
Seller's Agent
David Ifediba
Real Broker
Buyer's Agent
Justin Bouzane
Berkshire Hathaway Homeservices California Realty
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Views
469
Current Estimated Value
$541,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,256
Avg. Annual Appreciation
-1.55%

Purchase Details

Closed on
Oct 24, 2024
Sold by
Bloomington Development Trust and Ikebudu Anthony
Bought by
Bloomington Development Trust and Ikebudu

Purchase Details

Closed on
Sep 24, 2015
Sold by
Leung Jenny
Bought by
The Bloomington Development Trust

Purchase Details

Closed on
Apr 1, 2009
Sold by
Ikebudu Anthony and Ezechukwu Boniface
Bought by
Bloomington Development Trust

Purchase Details

Closed on
Oct 12, 2007
Sold by
9529 Locust Avenue Trust
Bought by
9529 Locust Avenue Trust and A & L Investment

Purchase Details

Closed on
Mar 28, 2007
Sold by
9529 Locust Avenue Trust
Bought by
9529 Locust Avenue Trust

Purchase Details

Closed on
Jan 5, 2007
Sold by
Nwangwu Samson
Bought by
9529 Locust Avenue Trust and Kla Investment

Purchase Details

Closed on
Oct 20, 2005
Sold by
Ikebudu Imma N
Bought by
Ikebudu Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 17, 2005
Sold by
Chu Gary and Chu Vivian
Bought by
Ikebudu Anthony and Ezechukwu Boniface

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.68%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $550,000 Monarch Title
Grant Deed -- First American Title
Grant Deed -- First American Title
Quit Claim Deed $24,000 None Available
Quit Claim Deed $24,000 None Available
Grant Deed $193,545 None Available
Grant Deed -- None Available
Grant Deed -- None Available
Trustee Deed $86,695 None Available
Interfamily Deed Transfer -- Lawyers Pasadena
Interfamily Deed Transfer -- Lawyers Pasadena
Grant Deed $480,000 Lawyers Pasadena
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 Sold $550,000 -8.3% --
03/13/2025 03/13/25 Pending -- -- --
03/10/2025 03/10/25 Price Changed $600,000 -4.0% --
02/27/2025 02/27/25 Price Changed $624,999 -3.8% --
02/04/2025 02/04/25 For Sale $650,000 0.0% --
09/10/2024 09/10/24 Pending -- -- --
09/01/2024 09/01/24 Price Changed $650,000 -7.1% --
08/22/2024 08/22/24 Price Changed $700,000 -3.4% --
08/19/2024 08/19/24 Price Changed $725,000 -6.5% --
07/23/2024 07/23/24 Price Changed $775,000 -3.1% --
07/14/2024 07/14/24 Price Changed $800,000 -11.1% --
04/08/2024 04/08/24 Price Changed $900,000 0.0% --
04/08/2024 04/08/24 For Sale $900,000 -7.7% --
02/06/2024 02/06/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $975,000 -2.5% --
08/21/2023 08/21/23 Price Changed $1,000,000 -9.1% --
08/01/2023 08/01/23 Price Changed $1,100,000 +22.2% --
07/12/2023 07/12/23 Price Changed $900,000 -18.2% --
04/07/2023 04/07/23 For Sale $1,100,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,699 $307,779 $307,779 --
2024 $3,523 $301,744 $301,744 --
2023 $3,495 $295,827 $295,827 $0
2022 $3,415 $290,026 $290,026 $0
2021 $3,492 $284,339 $284,339 $0
2020 $3,472 $281,423 $281,423 $0
2019 $3,379 $275,905 $275,905 $0
2018 $3,143 $270,495 $270,495 $0
2017 $3,027 $265,191 $265,191 $0
2016 $3,095 $259,991 $259,991 $0
2015 $2,989 $256,086 $256,086 $0
2014 $2,880 $251,070 $251,070 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23053531

California Regional Multiple Listing Service (CRMLS)

APN: 0249-161-20

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