8982 Elm Avenue
Fontana, CA, 92335
$485,000
MLS: CV26218582
Beds
2
Baths
1
Sq Ft
720
Lot
0.54 ac
Year Built
1947
MLS #
CV26218582
Days on Market
4
Listed
Oct 8, 2026
Description
Great opportunity in Fontana! This 2-bedroom, 1-bath home sits on an approximately half-acre lot, offering exceptional space, flexibility, and exciting development potential. The expansive lot provides a unique opportunity for buyers, investors, or developers looking to renovate, expand, or explore additional development possibilities, subject to city approval, zoning, and applicable requirements. With ample land to bring your vision to life, this property offers possibilities that are increasingly hard to find. Conveniently located near shopping, dining, schools, and major freeways. Sold as-is. Buyer and Buyer’s Agent are advised to conduct their own due diligence and independently verify zoning, land use, development potential, permits, square footage, lot size, and all other property information with the appropriate city and county agencies.
Location
Fontana, San Bernardino County, CA 92335
Open on Google Maps ↗Listed by: Monica Puebla · LPT Realty, Inc
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,009
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $48,500 · Loan: $436,500
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,022
- Property tax (1.25%)
- $505
- Homeowners insurance
- $300
- Mortgage insurance
- $182
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 Oct 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $16,975 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.
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Local Market Stats
See Fontana, CA 92335 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
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