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.
33 days
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329
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9
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Zillow last checked:
Listing updated:
Listed by:
LAWRENCE SCHOELCHDRE #01243953909-569-9626,
GOLDEN WEST REAL ESTATE
Source: CRMLS,MLS#: IV26134859Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 5
Appliances
Laundry: Laundry Room
Features
Common walls with other units/homes: 1 Common Wall
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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