Fontana, CA 92336 7539 Palmetto Avenue
$1,099,000
0 more
Presented By: TRICIA CERDA with RE/MAX ADVANTAGE; 951-522-1141
- MLS# IG25148406
- 07/02/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 7
Baths • 4
SQFT • 4,146
Garage • 4
Home Details
7539 Palmetto Ave & 17336/17346 Elaine Dr, Fontana
Fantastic Investment Opportunity on a 1.26-Acre Corner Lot in Fontana!
Welcome to this rare and unique opportunity featuring three separate homes on a spacious
1.25-acre corner lot, located at 7539 Palmetto Avenue, 17336 Elaine Drive, and 17346 Elaine Drive.
7539 Palmetto Ave - A spacious 3-bedroom, 2-bath home offering approximately 1,400 sq ft of
living space. Ideal for an owner-occupant or as a high-rent income unit.- 17336 Elaine Dr - A 2-bedroom, 1-bath home with an attached one-car garage.- 17346 Elaine Dr - Another 2-bedroom, 1-bath unit, also with its own one-car garage.
Each unit is separately metered and currently occupied by long-term tenants. The expansive corner lot provides ample space, privacy, and future
development potential (buyer to verify).
Conveniently located near schools, shopping, and commuter routes, this property offers many opportunities. DO NOT DISTURB OR APPROACH TENANTS.
Presented By: TRICIA CERDA with RE/MAX ADVANTAGE; 951-522-1141
Interior Features for 7539 Palmetto Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, Inside
Total Stories1
Other Rooms
Entry Level1
General for 7539 Palmetto Avenue
Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityFontana
Community FeaturesSuburban
Construction MaterialsStucco
ContingencySeller is doing a 1031 exchange.
Offers subject to interior inspection. Drive by only. DO NOT DISTURB TENANTS
CoolingWallWindowUnits
CountySan Bernardino
DirectionsCorner of Palmetto and Elaine Drive
Electric Expense0.0
Entry Locationstreet
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income56077.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2450.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet54885.0
Lot Size UnitsSquareFeet
MLS Area264 - Fontana
MobileHomeRemainsYNNo
Net Operating Income53000.0
New ConstructionNo
Number Of Units Total3
Operating Expense3000.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Senior Community Y/NNo
SewerCesspool, PublicSewer, SepticTank
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot500
Tenant PaysElectricity, Gas
Trash Expense1440.0
UtilitiesSewerConnected
Water Sewer Expense2300.0
Year Built1959
Year Built SourcePublicRecords
Exterior for 7539 Palmetto Avenue
Building Area Total4146.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, LotOver40000Sqft
Lot Size Acres1.26
Lot Size Area54885.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate