9074 Olive St

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.

Current Status

New

Original Price

$749,000

List Price

$749,000

On Market Date

Apr 20, 2025

Property Type

Detached

D/N/S

Not Listed

Zip Code

92335

MLS ID

41094023

APN

0193131540000

Year Built

1922

Stories in Building

1

Possession

COE

Data Source

MAXEBRDI

Origin MLS System

DELTA

Bed

2

Bath

1

Parking

2

Detached

SQ FT

1,095

SQ FT Source

Public Records

Lot SQ FT

18,900.0

Lot Acres

0.43 Acres

Pool Info

None

Kitchen

None

Cooling

None

Disclosures

None, Other - Call/See Agent

Entry Level

Exterior Details

Other

Flooring

Other

Foundation

Fire Place

Living Room

Heating

None

Laundry

Inside

Main Level

Other

Possession

COE

Architectural Style

Other

Construction Status

Existing

Additional Miscellaneous Features

Other

Location

Other

Roof

Unknown

Water and Sewer

Public

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.