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Listed by LAWRENCE SCHOELCH • GOLDEN WEST REAL ESTATE
$1,388,000
Est. payment /mo
4,388 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 4,388 sqft
Price per Sqft $316
MLS Listing ID IV-26134859
Year Built 1959
Lot Size 0.875 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
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.
Location
State CA
County San Bernardino
Area 264 - Fontana
Interior
Laundry Individual Room
Exterior
Pool None
Community Features Street Lights
Building
Lot Description 2-5 Units/Acre
Sewer Aerobic Septic
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900