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Two-Unit Duplex with New ADU
For Sale
$859,000

9257 Palmetto, Fontana, CA 92335

Fontana, CA

Property Size3,474 SF
Lot Size0.23 Acres
Price / SF$247.27
Days on Market49

Property Features for 9257 Palmetto

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 4
Full bathrooms 3
Rooms Bedroom 4, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 2, Bathroom 1, Laundry Room
Parking 1
Fireplace 1
Lot features Rectangular Lot, Front Yard
Elementary school district Fontana Unified
Middle school district Fontana Unified
High school district Fontana Unified
Directions Go North of Sierra Turn-Right on Randall then Turn-Left on Palmetto
Subdivision 264 - Fontana
Standard status Active
APN 0194062500000
Size 3,474 SF
Lot size 0.23 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Units

RV Sites 2
Mobile Home Lots 2
Park-Owned Homes 0
Individually Metered Utilities water, electric

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Amenities

1 x 4BR/3BA
1 x 1BR/1BA

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Roof type Composition
Buildings 3
Listing Agency: Coldwell Banker Platinum Prop · Coldwell Banker Real Estate
Listed By: Anhdy Tuan-Nguyen · License #01413812
Added: Sep 17 Changed: Nov 3 Last Checked: Nov 4 at 1:06PM
MLS# OC26234720

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This duplex property pairs a 2,992-square-foot front residence with an 825-square-foot rear ADU. The front home was remodeled in 2025 and includes four bedrooms, a den or office, a bonus room, and three bathrooms. A new 5-ton HVAC system and ductwork were also installed. The rear ADU, completed in 2025, contains one bedroom and one bathroom.

The property occupies a 0.2273-acre lot. Public water and public sewer serve the site. The main residence dates to 1958.

Key Highlights

  • 2,992‑square‑foot front residence remodeled in 2025
  • Rear ADU completed in 2025 with 825 square feet, 1 bedroom, and 1 bathroom
  • Front home has 4 bedrooms, a den or office, a bonus room, and 3 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,168
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,023,360 $1.0M
Cap Rate 7%
$730,971 $731.0K
Cap Rate 9%
$568,533 $568.5K
Market Conditions
NOI Build-Up for 3,474 SF
Gross rent
$77.1K $22.20/SF
− Vacancy
−$4.0K −$1.16/SF
EGI
$73.1K $21.04/SF
− OpEx
−$21.9K −$6.31/SF
NOI
$51.2K $14.73/SF
Area
Fontana, CA
Vacancy
5.22%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,023,360
Cap Rate 7%
$730,971
Cap Rate 9%
$568,533

Alternative Uses

Best Use
Multifamily LT 5
$731.0K
$639.6K – $852.8K (±1% cap)
NOI $51,168 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$671.7K
$587.7K – $783.6K (±1% cap)
NOI $47,018 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$1.01M
$884.5K – $1.18M (±1% cap)
NOI $70,761 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

84
Residential units
94%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

760
Businesses Nearby

Demographics for 92335, CA

96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A remodeled main residence and a separate accessory dwelling unit provide two distinct living spaces.
Where is this duplex located?
The property is located at 9257 Palmetto Fontana, CA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: 2,992‑square‑foot front residence remodeled in 2025; Rear ADU completed in 2025 with 825 square feet, 1 bedroom, and 1 bathroom; Front home has 4 bedrooms, a den or office, a bonus room, and 3 bathrooms
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