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Sold for $1,100,000
    • Listed by: KW Executive • Matthew Guerra • Contact: 626-872-2207
    Bought with: RE/MAX CHAMPIONS
    $1,100,000

    8449 Palmetto Ave, Fontana, CA 92335

    11beds
    6baths
    5,297sqft
    Quadruplex
    Built in 1926
    -- sqft lot
    $1,054,800 Zestimate®
    $208/sqft
    $2,036 Estimated rent

    Home value

    $1,054,800

    $939,000 - $1.18M

    $2,036/mo

    Zestimate® history
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    What's special

    Prime Investment Opportunity With 4 Individual Houses On A HUGE (42,094 sq.ft.) Lot Ideal For Multifamily Development. Very attractive unit mx comprised of a Front House which is 4 Bedroom + 2 Baths, Two (2) 2 Bedroom + 1 Bath Houses, and One 1 Bed + 1 Bath House. Situated on Palmetto Ave in between Arrow and Foothill Blvd the asset is perfectly located next to Fontana Middle School and Pacific Electric Trail, it is walking distance to Fontana Library and Technology Center, Miller Park, Fontana City Hall, and everything the city of Fontana has to offer. This Asset is a wonderful opportunity for the right investor who wants a value add property with the opportunity for future multifamily development.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Guerra DRE #02022646 909-997-9765,

    KW Executive

    Bought with:

    Judith Liu, DRE #01271176

    RE/MAX CHAMPIONS

    Source: CRMLS,MLS#: AR24002019MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    Heating
    • See Remarks
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,297
    • Total interior livable area: 5,297 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.97 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 0192121200000
    • Zoning: RMH
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Park, Street Lights, Suburban, Sidewalks
    Location
    • Region: Fontana

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $357,000
    • Annual tax amount: $4,439
    • Date on market: 1/4/2024
    • Cumulative days on market: 59 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Submit

    Price history

    DateEventPrice
    4/27/2026Listing removed$3,150$1/sqft
    Source: Zillow Rentals Report a problem
    4/10/2026Listed for rent$3,150-4.5%$1/sqft
    Source: Zillow Rentals Report a problem
    3/27/2026Listing removed$3,300$1/sqft
    Source: Zillow Rentals Report a problem
    3/12/2026Listed for rent$3,300+11.9%$1/sqft
    Source: Zillow Rentals Report a problem
    4/2/2024Sold$1,100,000-8.2%$208/sqft
    Source: CRMLS #AR24002019 Report a problem
    3/13/2024Pending sale$1,198,000$226/sqft
    Source: CRMLS #AR24002019 Report a problem
    1/25/2024Listed for sale$1,198,000$226/sqft
    Source: CRMLS #AR24002019 Report a problem
    1/16/2024Pending sale$1,198,000$226/sqft
    Source: CRMLS #AR24002019 Report a problem
    1/4/2024Listed for sale$1,198,000+117.8%$226/sqft
    Source: CRMLS #AR24002019 Report a problem
    9/22/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    9/14/2022Price change$2,950-6.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/12/2022Price change$3,150-6%$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/7/2022Price change$3,350-4.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/29/2022Listed for rent$3,500+29.6%$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/24/2021Listing removed--
    Source: Owner Report a problem
    7/6/2020Listing removed$2,700$1/sqft
    Source: Owner Report a problem
    6/17/2020Listed for rent$2,700+63.6%$1/sqft
    Source: Owner Report a problem
    4/28/2014Listing removed$1,650
    Source: Wen Win Realty Report a problem
    4/5/2014Price change$1,650+6.5%
    Source: Wen Win Realty Report a problem
    2/27/2014Listed for rent$1,550-6.1%
    Source: Wen Win Realty Report a problem
    9/5/2013Listing removed$1,650
    Source: RE/MAX 2000 #CV13149176 Report a problem
    7/31/2013Price change$1,650-2.9%
    Source: Go Section8 Report a problem
    7/21/2013Price change$1,700+3%
    Source: Go Section8 Report a problem
    7/9/2013Listed for rent$1,650
    Source: Owner Report a problem
    5/3/2013Listing removed$550,000$104/sqft
    Source: IRN Realty #AR13017212 Report a problem
    2/9/2013Listed for sale$550,000+214.3%$104/sqft
    Source: IRN Realty #AR13017212 Report a problem
    10/11/2012Sold$175,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,439 +15.5%$357,000 +11%
    2024$3,843 +15.7%$321,661 +2%
    2023$3,321 +0.4%$315,354 +2%
    2022$3,308 +1.3%$309,171 +2%
    2021$3,266 +13.8%$303,108 +14.8%
    2020$2,870 +3.1%$264,115 +2%
    2019$2,783 -1.5%$258,936 +2%
    2018$2,825 +0.6%$253,858 +2%
    2017$2,810 $248,880 +6.3%
    2016$2,810 +6%$234,031 +1.5%
    2015$2,650 +1.3%$230,515 +6.7%
    2014$2,616 $215,976 +0.5%
    2013-- $215,000 -6.5%
    2012-- $230,000 +6.5%
    2011-- $216,000
    2010-- $216,000 -10.9%
    2009-- $242,516 +2%
    2008-- $237,761 +2%
    2007-- $233,099 +2%
    2006-- $228,528 +2%
    2005-- $224,047 +5%
    2004-- $213,392 +59.3%
    2003-- $133,927
    2002-- $133,927
    2001-- $133,927
    2000-- $133,927
    Find assessor info on the county website

    Neighborhood: 92335

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    Estimated market value
    $1,054,800
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    Estimated market value
    $1,054,800

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