$749,000

9074 Olive St, Fontana, CA 92335

  • 2 beds |
  • 1 bath |
  • 1,095 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $684/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Huge Development Opportunity in Prime Fontana Location! Plans Nearly Approved – Build a 10-Unit Apartment Complex! Lot Size: 0.43 Acres | 18,900 Sq Ft. Calling all investors, builders, and developers! This rare Fontana gem is a prime opportunity to build a high-demand multi-family project on a spacious 0.43-acre lot. The current owners have invested over $50,000 and more than 2+ years of effort to secure critical approvals — including PAM (Plan of Action and Mitigation) approval. Only the Design Review phase remains before you're ready to break ground on a 10-unit apartment complex, with each unit designed as a 2-bedroom, 2-bathroom layout. ? Property Highlights: PAM Approved – Major milestone completed! 10-Unit Apartment Plan – Each unit: 2 bed / 2 bath. Only Design Review Left – Nearly shovel-ready. $50K+ Already Invested in Approvals – Save 2+ years of time and $50K+ money. Large Lot (18,900 sq ft) – Room for parking, landscaping, or amenities. Centrally located near schools, parks, shopping, and major freeways. Existing 2 bed / 1 bath home (1,095 sq ft) currently on site – great for staging or rental during development. Tremendous Land Value in a fast-growing market. This is YOUR chance to develop a high-yield income producing 10+ units property.

Listing Status:
Active
Date Added:
April 19, 2025 at 05:00AM
Listing Office:
Simple Brokerage Inc. : 408-832-8200
Listing Agent:
Jagjit Singh : 408-832-8200
MLS ID:
41094023
  • Flooring: See Remarks
  • A/C: None
  • Heating: None
  • Fireplace: Living RoomFireplace
  • Pool: None
  • Parking: GarageParking spaces: 2
  • General: See Remarks1
  • Originating MLS: CRMLS
  • County: San Bernardino
  • Zoning: 0193131540000
  • Sewer: Public Sewer
  • Source: CRMLS

This listing courtesy of Jagjit Singh, Simple Brokerage Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Randall Pepper Elementary School

16613 Randall Ave, Fontana, CA, 92335

Grades KG-5

0.41 miles away

F

Fontana Middle School

8425 Mango Ave, Fontana, CA, 92335

Grades 6-8

0.91 miles away

F

Fontana High School

9453 Citrus Ave, Fontana, CA, 92335

Grades 9-12

1.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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