About This Home
This 7-bedroom, 3-bathroom multi-family at 9063 Olive in Fontana, CA is listed for $950,000. Built in 1952, on a 0.43 acres lot.
Key Features
- Built in 1952
- 0.43 acre lot
- 2 parking spaces
- Private pool
- Fireplace
Property Details
Amenities
This tenant-occupied multi-unit property offers the opportunity to transform the existing units into a strong income-producing asset. Each unit has its own living space and is currently occupied, providing immediate rental income while allowing a future owner to renovate and improve the property over time.
The property is a fixer-upper and will require work, but buyers with a vision can see the potential to update the interiors, modernize the finishes, improve the overall appearance, and create a more desirable rental property. Think of this as a blank canvas for an investor looking to renovate, add value, and maximize the property's long-term potential.
The current tenants have been in place for an extended period and are considered good, established tenants. Buyers may have the option to acquire the property with tenants in place, subject to the terms of the sale. Bring your contractor, evaluate the property, and envision the possibilities. Property is being sold in its present condition. Buyer to conduct their own independent inspections and due diligence regarding condition, permits, zoning, rental income, and potential improvements.
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
9063 Olive
Fontana, CA 92335
Features & Amenities
Interior Features
Property Details
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 7-bedroom, 3-bathroom multi-family at 9063 Olive is listed at $950,000. The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1952, 0.43 acre lot, 2 parking spaces, Private pool, Fireplace. Interior Features: Ceiling Fan(s).
This property is listed by Erika Amis and can be reached at 6262444797.


