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Industrial Property in San Bernardino County
For Sale
$3,490,000

10881 Oleander Ave, Fontana, CA 92337

Zoned industrial property with residential units on a large lot.

Property Size2,141 SF
Lot Size0.95 Acres
Days on Market157

Property Features for 10881 Oleander Ave

General Information

Standard status Active
Size 2,141 SF
Lot size 0.95 Acres
Property subtype Industrial

Building Details

Building Size 2,141 SF
Year Built 1981
Units 4
Listing Agency: Windermere Inland properties
Listed By: CYNTHIA CHAVEZ · License #02222365
Source: Elliman
Added: Mar 10 Changed: Aug 7 Last Checked: Aug 12 at 7:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Inland properties

Investment Insights

Based on property information with market context.

This property, located in San Bernardino County, is zoned for industrial use and includes a main house and a duplex, situated on an approximately 41,580 sq ft lot. The zoning allows for various uses. Currently, the property is used as a front residential home with a back duplex and a converted garage. All tenants are on a month-to-month lease. The front home features 4 bedrooms, 2 full baths, a family room, a living room, an updated kitchen, and laminate flooring throughout. The back duplex has had some upgrades in the last two years. The garage has been converted into a studio apartment. Each unit has laundry hook-ups. The front tenant manages and maintains the property and has an agreement with the owner. The front home can be rented for about $3500-$4000 a month. The total potential rent from all tenants can be $6,000-$7,000.

Key Highlights

  • Zoned industrial property suitable for various uses, appealing to investors.
  • Significant income potential with total potential rent between $6,000-$7,000 per month.
  • Large lot size of approximately 41,580 sq ft.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby

Demographics for 92337, CA

36,394
Population
9,730
Households
3.7
Avg Household Size
33
Median Age
16%
College-Educated
78%
High-School Grad
13.7 sq mi
ZIP Area
2,656
Density / Sq Mi
$104,936
Median Household Income
$41,372
Median Earnings
$2,120
Median Rent
$519,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Zoned industrial property with residential units on a large lot.
Where is this multifamily property located?
The property is located at 10881 Oleander Ave Fontana, CA.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Zoned industrial property suitable for various uses, appealing to investors.; Significant income potential with total potential rent between $6,000-$7,000 per month.; Large lot size of approximately 41,580 sq ft.
More about this property
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