3
See all 3 photos
$699,000
Est. payment /mo
1 Bed
2 Baths
Price Dropped by $50K
9023 Olive Street Fontana, CA 92335
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25146267
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County San Bernardino
Zoning Public Rec
Direction Sierra Ave and Athol Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 0193151170000
Listed by Carolina Hidalgo MAINSTREET REALTORS