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9023 Olive Street

Fontana, CA 92335

$749,000

| 1,048 sq. ft.

Status: Active Area: 264 - Fontana
Year Built: 1947 MLS#: CV25146267

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.

Features

    Appliances: Gas Range
    Fireplace Rooms: None
    Heating: None
    Cooling: Wall/Window Unit(s)
    Structure Type: Other Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $715
    Parking Spaces: 1
    Total Floors: 1

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.