Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

10881 Oleander Avenue

Fontana, CA, 92337

1 / 7View all 7 photos

$3,650,000

MLS: PW25007284

Beds

4

Baths

3

Sq Ft

2,141

Lot

0.95 ac

Year Built

1981

MLS #

PW25007284

Days on Market

443

Listed

Jan 11, 2025

Description

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 .Total potential monthly gross income ranges from $6000-$7000 a month. 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.

Location

Fontana, San Bernardino County, CA 92337

Open on Google Maps ↗

Listed by: Cynthia Chavez · Tower Agency

Payment estimate

$25,654

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $365,000 · Loan: $3,285,000

%
Principal & Interest
$20,184
Property tax (1.25%)
$3,802
Homeowners insurance
$300
Mortgage insurance
$1,369
Open the full calculator →

Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Fontana home with as little as 3.5% down using an FHA loan — roughly $127,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Fontana, CA 92337 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access