7040 Oleander Avenue, Fontana, California 92336, Fontana, - bed, bath
ACTIVE$2,200,000
7040 Oleander Avenue, Fontana, California 92336
4Beds
4Baths
2,736Sqft
37,297Lot
Year Built
1979
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25147570
Home ConditionFair
Features
Pool
Patio
ViewNeighborhood
About this home
Welcome to Fontana, CA This is a total of 4 units on a big lot with lots of potential & a big parking space You can rent 3 units and live in one. This beautiful home is 4 units & a pool, parking for 8 cars, and an RV parking space.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (292 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 4 | 3 | 87% |
| Square foot | 2,736 | 2,057 | 78% |
| Lot Size | 37,297 | 5,800 | 99% |
| Price | $2.2M | $725K | 100% |
| Price per square foot | $804 | $349 | 100% |
| Built year | 1979 | 2004 | 6% |
| HOA | |||
| Days on market | 128 | 168 | 32% |
Condition Rating
Fair
The property was built in 1979. The kitchen appears to have been updated with modern cabinets, countertops, and flooring. The bathrooms are not clearly visible in the provided images, but the overall impression is that the property has been maintained with some updates, but is not fully renovated. The pool area looks well-maintained. Given the age and the partial updates, a 'Fair' condition score is appropriate.
Pros & Cons
Pros
Multi-Unit Potential: The property features 4 units, offering significant rental income potential or the opportunity to live in one unit while renting out the others.
Large Lot Size: The property sits on a large 37,297 sqft lot, providing ample space for various uses and potential future development.
Ample Parking: With parking for 8 cars and an RV parking space, the property offers significant parking capacity, a valuable asset for tenants or a large family.
Swimming Pool: The presence of a swimming pool enhances the property's appeal and provides recreational opportunities for residents.
View: The property offers a neighborhood view, adding to its desirability.
Cons
Age of Property: Built in 1979, the property may require updates or renovations to meet modern standards and preferences.
Potential Maintenance: Managing 4 units can be demanding and require ongoing maintenance and tenant management.
High List Price: The list price of $2.2 million may be a barrier for some buyers, requiring careful consideration of the potential return on investment.