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Fontana, CA

$3,650,000

10881 Oleander Avenue, Fontana, CA

1981

Built

489

Days listed

About this home

Significant price reduction ! Seller is open to offers ,owner financing and joint venture. This exceptional zoned industrial property in San Bernardino County is perfect for any investor. It features the main house and duplex on site, situated on an approximately 41,580 sq ft lot. The zoning regulations allow for various uses . Currently being used as a front residential home with back duplex and garage conversion. All tenants are on a month to month lease. Front home features 4Br. 2 Full baths. Family and living room. Kitchen has been updated. Laminate flooring throughout. Back duplex has had a few upgrades in the last two years. Garage has been converted to a studio apartment. Each unit has laundry hook ups. Front tenant manages and maintains the property and has an agreement with the owner, it can be rented for about $3500-$4000 a month.Total potential rent from all tenants can be $6,000-$7,000. All this information has been provided but not guaranteed. Buyer is advised to inspect property and check all information pertaining to permits and or building requirements.

Facts & features

Interior

Laundry: Laundry Room, See Remarks

Exterior & lot

Lot size: 0.955 acres (41,580 sq ft)
Year built: 1981

Community

Area: 264 - Fontana
County: San Bernardino

Listing details

Status: Active
Property type: Industrial
Days on market: 489
Listed: 2024-12-11
Original price: $3,950,000
Terms: Cash, Cash To Existing Loan, Cash To New Loan, Conventional, Exchange 1031
Parcel #: 0255021240000
MLS #: PW24248346

Listed by

CYNTHIA CHAVEZ · Tower Agency

951-369-8002 cynthiachavezsells@gmail.comDRE #02222365

Location

Price history

Listed: $3,950,000 · 2024-12-11
Price reduced: $3,650,000 (−$300,000)
Days on market: 489
Current price: $3,650,000

Financing

Could this home be yours?

Estimated monthly payment

$22,897

$18,456 principal & interest · $4,441 taxes & insurance

Down payment (20%)

$730,000

Est. rate (%)

Estimate only

Term (years)

Loan $2,920,000

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Listing data provided by CRMLS

Listing courtesy of Tower Agency. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.