8447 Tamarind Avenue, Fontana, California 92335, Fontana, - bed, bath
ACTIVE$1,800,000
8447 Tamarind Avenue, Fontana, California 92335
3Beds
2Baths
1,307Sqft
62,742Lot
Year Built
1951
Close
-
List price
$1.8M
Original List price
$1.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25073457
Home ConditionTear down
Features
Good View: City Lights, Hills, Neighborhood, Rocks
ViewCity Lights,Hills,Neighborhood,Rocks
About this home
R-2 Zoning/ High Density, Multi-Family, Potential 20 units (Verify), Excellent location in a high traffic area, nearby shopping centers with one unit on property with three bedrooms and 1 full bathroom.
Price History
Date
Event
Price
08/05/25
$1,800,000
04/03/25
$1,900,000
Condition Rating
Tear down
The property was built in 1951, making it 73 years old. The listing description heavily emphasizes the R-2 zoning and potential for multi-family development (20 units), indicating that the primary value is in the large lot for redevelopment. There is no mention of any significant renovations, and the provided aerial images do not show the interior condition of the existing 1307 sqft structure. Given its age and the focus on land value, the existing house is likely considered functionally obsolete or in a condition requiring demolition for the property's highest and best use.
Pros & Cons
Pros
Exceptional Development Potential: The R-2 Zoning, High Density, Multi-Family designation, and the stated 'Potential 20 units' on a massive 62,742 sqft lot make this an ideal site for a significant multi-unit residential or mixed-use project.
Strategic High-Traffic Location: Positioned in a high-traffic area with proximity to shopping centers, enhancing the visibility and future commercial viability of any developed units.
Flexible Mixed-Use Zoning: The 'Mixed Use' sub-type explicitly supports diverse development options beyond just residential, allowing for commercial components that can maximize return on investment.
Significant Lot Size: The expansive 62,742 sqft lot provides ample space for a large-scale development, offering flexibility in design and density.
Existing Structure for Interim Use/Income: While dated, the existing 3-bed, 2-bath unit could potentially provide interim rental income or serve as a base during the planning and permitting phases of a larger development.
Cons
Unverified Development Capacity: The 'Potential 20 units (Verify)' clause indicates that the stated development capacity is not guaranteed and requires extensive, potentially costly, due diligence and city approvals.
Age and Condition of Existing Structure: Built in 1951, the current 1307 sqft residential unit is likely outdated and may necessitate significant renovation or demolition, adding to the overall project cost and complexity.
High Upfront Investment & Project Complexity: Given the large lot size, development potential, and the need for verification and potential demolition, this property demands a substantial upfront investment and involves a complex, multi-phase development project.