9074 Olive St
Fontana, CA 92335
- 2 beds
- 1 bath
- 1,095 sqft
- ~1/2 acre lot
- $684 per sqft
- 1922 build
- – on site
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.
Last checked:
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Last updated Apr 20, 2025
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MLS# 41094023 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1922
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Building Area Units:Square Feet
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New Construction:false
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Construction Materials:Other
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Architectural Style:Other
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Stories:1
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Levels:One Story
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Other Equipment:None
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Building Area Total:1095
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Building Area Source:Public Records
Interior
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Kitchen Features:None
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Flooring:Other
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Rooms Total:2
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Fireplace:true
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Fireplace Features:Living Room
Room Dimensions
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Living Area:1095
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Living Area Units:Square Feet
Location
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Directions:NA
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Existing
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Exterior Features:Other
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Parcel Number:0193131540000
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Lot Features:Other
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Lot Size Area:0.43
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Lot Size Acres:0.43
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Lot Size SqFt:18900
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (408) 832-8200
Beds
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Bedrooms Total:2
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Listing Terms:Cash
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:None
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Cooling:false
Utilities
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Electric:No Solar
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Laundry Features:Inside
The Community
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Subdivision Name:Not Listed
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Association:false
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2
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Carport:false
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Parking Features:Detached
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Covered Spaces:2
Monthly cost estimate
Asking price
$749,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,010
|
| Taxes | N/A |
| Insurance | $205 |
| Utilities | $139 See report |
| Total | $4,354/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/19/25
Apr 19, 2025
|
Listed / Active | BRIDGE | $749,000 | 87.3% (45.0% / YR) |
|
5/12/23
May 12, 2023
|
BRIDGE | $400,000 | -16.7% | |
|
1/11/23
Jan 11, 2023
|
CRMLS_CA | $480,000 |
40% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $17k above asking price on average, but some went as high as $70k over asking price.
