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9213 Olive St, Fontana, CA 92335
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9213 Olive St Fontana, CA 92335

$1,675,000 Sold Price as of 05/18/2022
  • 14 Beds
  • 8 Baths
  • 5,111 Sq.Ft.
Sold
$1,675,000 Sold Price as of 05/18/2022 Refinance Your Mortgage
Map preview of 9213 Olive St, Fontana, CA 92335

Property Overview: 9213 Olive St Fontana, CA has 14 bedrooms, 8 bathrooms, 5,111 living square feet and 37,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market in decades, There are 3 individual single-family homes and 2 duplexes. The land consists of 2 lots, each is 18,900 square feet for a total of 37,800 sq. ft. There is a shared driveway between both lots and a very large fenced area at the back of the property. The current owner rents out for RV storage and can be used for additional parking and/or possible development use.* (*please have the buyer check with the city for possible uses) Unlimited possibilities for the right buyer. The rents are very low and there is a tremendous amount of upside. All of the units have their own private yard and most have an attached garage. Please do not disturb the tenants

Listed by GENARO GOMEZ | BRE #00958723 | GENARO GOMEZ, BROKER
Co-listed by LAURA DUARTE | BRE #02157136 | GENARO GOMEZ, BROKER
Last checked: 16 minutes ago | Last updated: May 19th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
37,800
HOA Dues
$0/mo
Year built
1963
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV22067123
City
Fontana
County
San Bernardino
Time on Site
891 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 6
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $4,725
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $885
  • Total Rent: $1,990
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,165
  • Total Rent: $1,165
  • Pro Forma/Market Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.87
  • Gross Scheduled Income: $85,020
  • Net Operating Income: $43,885
  • Gross Operating Income: $83,319
  • Vacancy Allowance: $2
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $39,464
  • New Taxes: $21,930
  • Trash: $1,956
  • Gardener: $4,200
  • Insurance: $2,378
  • Maintenance: $2,559
  • Professional Management: $0
  • Water/Sewer: $7,476

Virtual Tour

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Property Details for 9213 Olive St

Interior Features
Cooling Information
  • Has Cooling
  • Evaporative Cooling, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Concrete, Tile, Vinyl
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Asphalt, Shingle
  • Satellite Dish
  • Has Fence
  • Block, Chain Link, Fair Condition, Good Condition, Privacy, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Assigned, Carport, Attached Carport, Converted Garage, Covered, Driveway, Asphalt, Gravel, Garage Faces Front, Garage Faces Side, On Site, RV Access/Parking, RV Gated, See Remarks, Shared Driveway
Lot Information
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s), See Remarks
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Total # of Units: 7
  • Parcel Number: 0193161470000
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Foundation Details: Raised, Slab
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Unknown
  • Water Source: Private, See Remarks
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, See Remarks, Sewer Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: West/ Sierra & North/ Randall
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Suburban
View more facts & features

Local Fontana Agent

Sale History for 9213 Olive St

Last sold for $1,675,000 on May 18th, 2022

  • May, 2022

  • May 18, 2022

    Date

    Sold

    CRMLS: CV22067123

    $1,675,000

    Price

  • Apr 12, 2022

    Date

    Active

    CRMLS: CV22067123

    $1,775,000

    Price

Tax History for 9213 Olive St

Assessed Value (2020): $82,700
Year Land Value Improved Value Assessed Value
2020 $6,688 $76,012 $82,700

Home Value Compared to the Market

This property vs the competition

9213 Olive St sold on May 18, 2022 for 186.29% higher than the current median sold price for the city of Fontana which is $620,000. The median sold price per/sqft for Fontana is $362 and this home is sold at $347.29 per/sqft which puts the price per square foot 4.06% lower than the current median sale per square foot for the city of Fontana.

About 9213 Olive St

Detailed summary of property

9213 Olive St is a multi family that recently sold in Fontana, CA 92335. This multi family property offered 14 bedrooms, 8 bathrooms, roughly 5,111 living square feet, and sits on an approximately 37,800 square foot lot. 9213 Olive St was first listed on ArdentRealEstateGroup.com on April 12, 2022. The homeowner sold the property for $1,675,000. Home in Fontana are selling for a median price of $620,000 and a median price per square foot of $362. Based on Ardent Real Estate Group's Fontana Market Data, this home is sold 186.29% higher than the current median priced home. Local homes that are currently for sale include 2355 E Garvey Ave, 2400 S Ridgewood Dr and 2075 N Highland St. While the average home in Fontana, CA is selling in 61 days, 9213 Olive St has a days on market of 8 days. There are currently 370 homes for sale in the Fontana real estate market and 308 of them are single family homes while 57 of them are condos and 5 are townhomes. For more information on this home for sale at 9213 Olive St Fontana, CA 92335 contact Ardent Real Estate Group and we will put you in touch with one of our Fontana agents.

Public Facts for 9213 Olive St

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
3,200
Lot Size
18,900
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
15
APN
0193-161-47-0000

The source for these homes facts are from public records.

92335 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$406
Median Sold Price
$593,000
Median Sold Price/Sq.Ft.
$416
Total Inventory
93
Median Sale to List Price %
100.85%
Avg Days on Market
40
Loan Type
Conventional (30%), FHA (50%), VA (5%), Cash (0%), Other (10%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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