18264 Pine Avenue, Fontana, California 92335, Fontana, - bed, bath

home-pic
ACTIVE$1,099,999
18264 Pine Avenue, Fontana, California 92335
0Bed
0Bath
3,150Sqft
27,000Lot
Year Built
1955
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR25187691
Home ConditionFair
Features
View-

About this home

This unique property offers exceptional investment and development potential. The first parcel spans 27,000 SF and features a 1,500 SF single-family home with 3 bedrooms and 2 bathrooms. The large lot also provides ample space for future development. The second parcel, covering 9,000 SF, is a Duplex with two units, each with 825 SF, offering 2 bedrooms and 1 bathroom per unit. Both units have separate entrances, making them ideal for rental income. With a total of 36,000 Sq Ft across two parcels and two APNs, the property is fully fenced and includes driveway access from Pine Avenue. This is an excellent opportunity for investors, families, or builders, with strong potential for expansion or future residential development. Seller Financing Available: The seller is open to considering seller financing, offering a flexible and alternative financing option for qualified buyers. Whether you're self-employed, have non-traditional credit, or just prefer a more personalized approach to purchasing a home, this could be the perfect opportunity to secure your dream home without the typical bank hurdles. Contact us today to learn more about this unique opportunity!

Price History

Date
Event
Price
09/03/25
Price Change
$1,099,999-8.2%
08/19/25
Listing
$1,198,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds00
Baths00
Square foot3,1501,879
86%
Lot Size27,00016,500
86%
Price$1.1M$800K
86%
Price per square foot$349$404
29%
Built year19551952
71%
HOA
Days on market77140
14%
Condition Rating
Fair

Built in 1955, this property shows signs of being aged but maintained. The kitchen features dated wood cabinets, white appliances, and older tile backsplash, suggesting renovations from 15-30 years ago. Bathrooms also have older fixtures and tile. While functional, the property requires minor updates to modernize its style and features, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Investment & Development Potential: The property offers exceptional investment and development potential with a large total lot size (36,000 sq ft) across two parcels and two APNs, ideal for expansion or future residential development.
Income-Generating Triplex: Comprising a single-family home and a duplex (two units), the property functions as a triplex, providing immediate and diversified rental income streams.
Flexible Financing Option: The availability of seller financing broadens the buyer pool, offering a flexible alternative for qualified buyers who may face traditional bank hurdles.
Significant Lot Size: A combined lot size of 36,000 sq ft across two distinct parcels offers substantial space for various uses, including additional construction or subdivision.
Recent Price Reduction: A recent price drop from the original listing price indicates potential for a more favorable acquisition for buyers and suggests seller motivation.

Cons

Age of Structures: Built in 1955, the existing single-family home and duplex units are older, suggesting potential for significant capital investment in renovations and modernization to meet contemporary standards.
Lack of Current Condition Details: The property description provides no specific information regarding the current interior condition, recent upgrades, or amenities of the existing residential units, which may lead to buyer uncertainty.
Focus on Development Over Current Livability: The listing emphasizes future development and expansion potential more than the current state or immediate move-in readiness of the existing units, implying they may require substantial work for optimal use.

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