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.
Property Details
Price:
$749,000
MLS #:
41094023
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Apr 19, 2025
Finished Sq Ft:
1,095
Lot Size:
18,900 sqft / 0.43 acres (approx)
Year Built:
1922
See this Listing
Schools
Interior
Bathrooms
1 Full Bathroom
Cooling
NO
Flooring
SEE
Heating
NO
Exterior
Construction Materials
SEE
Parking Spots
2
Financial
Map
Community
- AddressOlive St Fontana CA
 - SubdivisionNot Listed
 - CityFontana
 - CountySan Bernardino
 - Zip Code92335
 
Market Summary
Current real estate data for Single Family in Fontana as of Nov 04, 2025
195
Single Family Listed
57
Avg DOM
321
Avg $ / SqFt
$590,972
Avg List Price
Property Summary
- Located in the Not Listed subdivision, Olive St Fontana CA is a Single Family for sale in Fontana, CA, 92335.  It is listed for $749,000 and features 2 beds, 1 baths, and has approximately 1,095 square feet of living space, and was originally constructed in 1922. The current price per square foot is $684.  The average price per square foot for Single Family listings in Fontana is $321.  The average listing price for Single Family in Fontana is $590,972.
 
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