Price: $749,000
Beds: 2
Baths: 1
Living Area SqFt: 1,095
Status: Active
Property Type: Single Family Residence
Lot Size Acres: 0.43
Lot Size SqFt: 18,900
Year Built: 1922
Neighborhood: Not Listed
Days on Website: 142

Courtesy of Jagjit Singh, Simple Brokerage Inc.

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.

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Property Details and Features

  • Appliances & Equipment
  • Other Equipment: “None”
  • Bathrooms
  • 1 full bathroom
  • 1 total bathroom
  • Bedrooms
  • 2 bedrooms
  • Building
  • Construction Materials: “Other”
  • Living Area: 1095
  • Year Built: 1922
  • Level – Street: “Other”
  • Cooling
  • Cooling: “None”
  • Fireplaces
  • Fireplace Included
  • Floors
  • Flooring: “Other”
  • Garage
  • 2 garage spaces
  • Garage Included
  • Heating
  • Heating: “None”
  • Laundry
  • Features: “Inside”
  • Location
  • Subdivision Name: Not Listed
  • Lot
  • Lot Features: “Other”
  • Lot Size Acres: 0.43
  • Lot Size Area: 18900
  • Lot Size Square Feet: 18900
  • Parcel Number: 0193131540000
  • Pool
  • Pool Features: “None”
  • Property
  • Property Condition: “Existing”
  • Property Sub Type: Single Family Residence
  • Roof
  • Roof: “Unknown”
  • Utilities
  • Electric: “No Solar”
  • Listing
  • Sale/rent: For Sale
  • $684 per square foot

Property Map

$749,000 – 9074 Olive St, Fontana, CA 92335

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