16843 Fontlee Lane, Fontana, California 92335, Fontana, - bed, bath
ACTIVE$920,000
16843 Fontlee Lane, Fontana, California 92335
7Beds
3Baths
2,337Sqft
8,127Lot
Year Built
1946
Close
-
List price
$920K
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
HD24255481
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights
About this home
INVESTORS COME AND SEE, 2 HOUSES ON ONE LOT, THE FRONT HOUSE COMPLEATLY REMODEL LIKE NEW, BACK HOUSE ITS NEW CONSTRUCTION. FRONT HOUSE IS 1127 SQFT 3 BED 1 BATH,BACK HOUSE IS 1200 SQFT 4BED 2BATH INSIDE LAUNDRY.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 7 | 0 | 14% |
| Baths | 3 | 0 | 14% |
| Square foot | 2,337 | 1,879 | 71% |
| Lot Size | 8,127 | 9,940 | 29% |
| Price | $920K | $800K | 71% |
| Price per square foot | $394 | $404 | 43% |
| Built year | 1946 | 1947 | 29% |
| HOA | |||
| Days on market | 309 | 202 | 86% |
Condition Rating
Good
The listing describes two houses on one lot. The front house is remodeled and the back house is new construction. The images show updated flooring, kitchens, and bathrooms. While the front house was built in 1946, the description indicates it has been completely remodeled. The back house is new construction. Overall, the property appears to be in good condition, move-in ready with no immediate renovation required.
Pros & Cons
Pros
Income Potential: Two houses on one lot provide excellent income-generating potential, ideal for investors.
New Construction: The back house is new construction, offering modern amenities and potentially lower maintenance costs.
Remodeled Front House: The front house is completely remodeled, presenting a move-in-ready option for tenants or owner-occupants.
Multiple Bedrooms and Bathrooms: With a total of 7 bedrooms and 3 bathrooms, the property can accommodate large families or multiple tenants.
Inside Laundry: The back house includes inside laundry, a desirable feature for tenants.
Cons
Year Built (Front House): The front house was built in 1946, which may require more maintenance and potential upgrades compared to newer properties.
Lot Size: The lot size of 8127 sqft might be considered small for two houses, potentially limiting outdoor space and parking.
Original List Price Reduction: The property has experienced a price reduction from its original list price, which could indicate challenges in the market or perceived value.